The biggest change coming to remote work and RTO in 2024, according to tech CEO

Having fewer employees in the office also reduces costs for a business. Do you see a thriving, energetic work center, or are you imagining some of the desks sitting empty, waiting to be filled with next year’s hires? That ghost town effect is real—and could be costing your company thousands in wasted spending. With fewer people in the office, companies can condense their real estate footprint, allowing for more efficient workspace usage. That same Stanford study of remote workers allowed the participating company to save nearly $2,000 per employee on its office space rent, simply by using the space more efficiently. A Stanford study found that remote workers were more productive because they were not distracted by office disruptions or long commutes and actually took fewer sick days and shorter breaks.

benefits of working remotely for employees

However, around 61% of employees would be willing to take a pay cut just to continue working for a brand offering flexible schedules. One of the biggest benefits of remote work for how companies benefit when employees work remotely employees is it gives them more opportunities to make healthy choices in their lives. They don’t have to rush to work each morning, ignoring breakfast, or eat fast food at lunch.

Employees with strong professional networks

In addition, a 2015 survey reported by SHRM concluded that 77% of remote employees reported greater productivity, with 30% reporting that they got more done in less time. By adopting remote-friendly policies, you can empower employees to perform work whenever it’s best for their schedule and preferences. According to one report, remote employees devote more time to work-based tasks than their counterpart, and feel more productive at work. Another report from Stanford found remote workers have a productivity boost equivalent to one day of extra work compared to their office counterparts. Remote workers have the potential to save more money over the course of the year. They don’t have to spend money on their commute, may not have as much wear and tear on their vehicle, and may be able to reduce spending on work clothes and other essentials.

Communicate regularly and get feedback on your onboarding and workflow processes to ensure all team members are supported. Use one-on-ones and employee surveys to get actionable insights on how you can better support and equip your people. Our HR editorials undergo rigorous vetting by HR and legal experts, ensuring accuracy and compliance with relevant laws. With over two decades of combined experience in Human Resources thought leadership, our editorial team offers profound insights and practical solutions to real-world HR challenges.

Larger Pool Of Skilled And Qualified Talent

When you trust your employees to shift their work schedules to accommodate their needs, they’re able to get tasks done more efficiently. They’re more readily able to schedule doctor visits, eat healthier food, work out and practice better self-care habits. To avoid getting sucked into work 24/7, it’s essential to set your work hours and stick to them. As Molleck figured out, devising a workday is essential for mental health when you’re working from home. The future of work, post-Covid 19, is likely to be even more remote-friendly, with more companies offering flexible working arrangements and employees valuing the freedom of working remotely.

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