Business Productivity with Remote Work – Is Remote Working Here to Stay?

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One of the outcomes of the pandemic has been an increase in the number of people working from home, which has suited many workers just fine. They don’t have to make a mad dash to get themselves ready and out the door in the morning, they’re able to save money by making their own coffee and lunch at home, and they don’t have to spend any time sitting in traffic to get to work. What’s not to like?

As much as some employees are loving the arrangement, however, a lot of companies are still unsure of what they want the post-COVID workplace to look like. Do they want their employees to continue working remotely, move to a hybrid model, or come back to the office on a full-time basis? It’s great that the employees working from home are happy, but what is best for the company?

As it turns out, working remotely offers advantages for both employees and employers. Here are some of the reasons why remote working may be here to stay.

It Benefits Everyone Financially

When working from home, employees can save money on the coffee, lunch, and gas that they may usually need to get themselves through another day at the office, but they’re not the only ones benefitting financially. With most if not all their employees working remotely, companies can save money on expensive commercial real estate costs and the accompanying overhead. Since these expenses can be so outrageous these days, companies may save more in the long run than their employees!

Companies Can Attract New Talent

If they’re offering fully remote positions, employers are no longer limited to seeking out and hiring candidates that are based in their area or are willing to move there. This means that businesses in sparsely populated rural areas suddenly have a much wider talent pool to choose from, and those in cities don’t have to worry about a potentially high cost of living turning off candidates.

They Can Also Attract the Same Quality of Talent

It often seems that businesses based in big cities attract more quality talent than those in rural areas, probably due to the appeal of living in the city and the many services and attractions it has to offer its residents. With remote positions, however, the location is no longer an important consideration for many employees. Instead, there is more of a focus on the business itself and what it can offer potential candidates. This means, for example, a small company offer competitive wages and positions in a rural area can attract the same kinds of people as one based in a big city.

In fact, some employees who had been living and working in the city swiftly left for the suburbs during the pandemic due to the flexibility that goes along with working remotely (and, in a lot of cases, the cheaper real estate). This is something that companies may want to keep in mind if they’re considering eliminating their work-from-home positions. Unless these employees are keen to pack up and move again, they may quit and begin their search for another remote position elsewhere.

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