The Benefits of Remote Working
Imagine being able to work and collaborate with your team members from different parts of the world at the comfort of your home. This seemed impossible before but today, sales and marketing teams can now work remotely with their distances bridged by technology.
Remote working has been on the rise since the outbreak of the COVID-19 pandemic. How can this new work arrangement benefit your business and how can you accelerate your business growth with it in 2021?
What you should know:
- Remote working can mean lower costs for your business
- It can bring more diverse talents and skills
- It can improve efficiency and productivity
- Improves operational flexibility
- Results in more employee satisfaction and retention
Challenges of Remote Working
There’s a reason why, for so many years, remote working wasn’t chosen as a default way of running a business. It was previously difficult to collaborate with team members when using only phones or communicating via email.
But with the recent innovations in communication technology and software development, remote working can now be done without the hassles of, well, remote working.
Technologies like CRMs, for example, have been able to address the difficulties of team coordination and collaboration online.
Saphyte was designed to address this problem. It was built to serve as an ecosystem of sales, marketing, support, and team workspace so companies can run their business at the comfort of their own homes.
Five Benefits of Working From Home
These are five major benefits of remote working:
- Lower business expenses
When employees work from home, that means they won’t be working in your office (or will less frequent your office). This can eliminate the need to get a bigger office space and lessen the need to get more equipment which can help you save money and get lesser overhead charges (e.g. utility costs).
According to Global Workplace Analytics (GWA), employers can annually save around $11,315 per remote worker who telecommutes half of the time. Employees could also save around $2,500-$4,000 in travel and work-related expenses.
- More diverse talent pool
Opening remote jobs can mean getting more options when it comes to skills and talents.
Removing geographic obstacles eliminates hiring borders and can lead to a more diverse set of employees for your company. It could help bring in fresh ideas, approaches, and strategies to improve the overall output of the company.
This may be difficult for some companies. Problems such as language barriers, cultural differences, and technological barriers (e.g. slow internet connection, lack of technological knowledge, etc.) can pose a challenge for many companies.
Related article: How to Improve your Workplace Collaborations
- Better efficiency and productivity
As reported by CMS Wire, remote work productivity boost has been documented in a 2020 Airtasker survey report.
The survey showed that remote employees spent more time on work tasks at home compared to being in an office, although they spend more breaks in between. Nothing is wrong with getting breaks, though, if it leads to overall boost in productivity.
In fact, some Japanese companies encourage employees to take naps at work, believing it would lead to better work performance.
- Improves operational flexibility
The work-from-home (WFH) model allows employees to flexibly perform tasks wherever and whenever. It’s not even required for them to be “at home.”
As long as employees can submit the required outputs and finish the assigned projects, they can go wherever they want to go and still continue working. This, as a result, improves flexibility for employees which redounds to the benefit of the company as a whole.
This can even result in overall employee satisfaction and may improve employee retention over time. Speaking of which.
- More employee satisfaction, retention
A significant number of employees prefer working at home than in an office. In a Mom Corps survey of 1,071 working adults, around 42% were found to be willing to get lower pay in exchange for more flexibility at work.
The survey further shows that those that belong in the 18-34 age group is up to three times more likely to give up more than 10 percent of their salary just to have more workplace flexibility and work/life balance.
More than 62% also agree that flexibility is one of the most important factors they consider when looking for a new job or when choosing a company to work for.
Remote working can be challenging for some companies but with the right technology, the gaps can be bridged right away. Stay in the comfort of your homes while enjoying increased productivity with Saphyte.
Contact our support team now for more information about how you can run a WFH model with Saphyte.