Not long ago, remote working once in a while was considered a job perk. Some employees would choose to work from home if they had a personal engagement or when the weather was bad. However, times have changed, and we’re facing a new era of remote work.
Technological advancements have made it easier for employees to complete tasks anywhere as long as they have a solid internet connection. More companies are embracing the remote working setup, often hiring employees from different parts of the globe.
Here are some of the ways your company can benefit from hiring remote workers.
Reduced Office Costs
You have probably heard about the incline at real estate prices in the past few years. While media coverage often focuses on the cost of renting or buying a home, the cost of leasing offices has skyrocketed. In big business hubs like Chicago, New York City, and the San Francisco Bay, you will pay a premium to get some office space. Seattle and Denver have among the most dramatic increases, and even mid-sized cities like Nashville have seen cost increases for renting office space. Considering all these, it makes sense to go for remote workers. The employees also benefit as they’re not forced to pay exorbitant rent to live in the city unless they prefer to.
At first, it may not seem sensible, but when you think about it, remote work leads to increased productivity. When you’re able to choose where to work from, you get the potential to boost your productivity. Working remotely is shown to boost productivity by as much as 77%.
Typically, workers who work from home take shorter breaks, put in less sick time, and they can start work earlier. Some of them can work till the end of the day. Of course, some of these benefits are linked to the fact one does not need to commute each day.
If you want to build a team of remote workers, consider working with a staffing agency. They’ll connect you to a larger talent pool and reliable workers. All you need is to fill out your requirements, and ensure that you are clear with what you need and the workers required for your business.
Also, it’s important that you mention how much you are willing to pay, the must-have skills, and experience required, and whether you are willing to hire independent contractors. Platforms like Zedtreeo help you outsource tasks if you’re looking for a short-term engagement with a skilled professional.
A Limitless Talent Pool
Some industries are concentrated in several cities as they prefer to set up where top talent lives. A good example is the tech industry. Going remote allows your business to access a world of possibilities as you can hire talent from all over the globe. This raises the likelihood of finding the perfect hire.
The process allows you to connect with candidates who also share your business values. Also, a geographically distributed workforce means employee diversity. Having people from different backgrounds introduces a variety of great ideas.
Improves Employee Retention
Replacing employees can cost a lot of money and time. Through the process, you will need to invest in recruiting and training your employees. So, it’s important to be sure the employees will stick around; otherwise, you would need to spend a lot of resources replacing them.
Remote work improves this as research shows up to 95% of companies that use remote working enjoy a positive effect on employee retention. This is not surprising as most workers agree they would accept a new job if the commute was better.
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Finding the right workforce is an important first step in building a business. You want to connect with competent professionals who will elevate your business. Remote working allows you to find talent from different parts of the world. It saves you the cost of renting an office and also boosts employee productivity.