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Is remote working beneficial for business?

One of the biggest workplace technological developments in history could, in the near future, make the workplace itself obsolete. Remote working solutions utilise digital technology allowing employees to perform their work anywhere they want. This reduces a business’ reliance on one centralised work space and makes offices out of anywhere in the world. While employees find working remotely a blessing, it’s worth exploring how employers can benefit from such a policy.

Increase productivity

Though it may seem counter-intuitive, employees may actually be more productive at home than in the office. A study from Sure Payroll demonstrated that two-thirds of managers witnessed an increase in productivity after the introduction of remote working, while a separate investigation found that productivity can be increased by 13.5%. This certainly runs against the idea of the remote worker as someone who can manage their workload from the comfort of their bed.

Happier staff

Working remotely also increases happiness amongst staff, mainly as it gives them opportunity to avoid crowded trains. With the average person in the UK spending between 60 and 80 minutes commuting and experts finding that 55% of people feel stressed by their commute, remote working solutions may offer a healthier and happier alternative to traditional work arrangements. For businesses, happier staff means lower staff turnover, greater motivation and better performance.

Broaden your search for new staff

Finding highly qualified staff can be extremely challenging in today’s labour market, so there’s no need to place unnecessary limitations on your search for new staff. By offering your employees the opportunity to work remotely, you’re immediately presented with a larger talent pool in which to fish. With remote working solutions in place, geographical distance between employer and employee is no longer a concern and those millennials who desire the freedom to work from home are much more likely to apply.

The tools required are free and accessible

There are so many digital communication, data sharing and collaborative tools available to businesses for free, that integrating remote working infrastructure into a business is neither difficult nor expensive. While you may eventually have to upgrade from free software to paid software with better features, all the tools are ready for a company to begin implementing remote working solutions right now.

Decrease costs

Making savings is a priority for businesses of all sizes. Remote working technology allows organisations to make savings when it comes to factors like office space, supplies and even costs associated with staff turnover. By reducing the physical space and supplies required on site and encouraging higher levels of staff retention, remote working is a fantastic way to limit your expenditure whilst improving results at the same time.

Taking into account the potential advantages, a failure to at least consider remote working options could put a business on the back foot, especially in a working environment where the battle to acquire the top talent is increasingly competitive. Offering the flexibility that comes with remote working could therefore be a sure-fire way to stand out from the crowd.

Read our related blog: Flexible working - Pros and cons
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