Benefits of Working From Home for Employers

We have regularly pointed out the benefits for employees that come from businesses facilitating remote work and work from home options.

Topics like:

  • flexible hours
  • reduced or eliminated commuting
  • live and work anywhere
  • accommodating special needs requirements

are just some of the employee benefits arising from home working.

In this we article we would like to focus on some of the benefits for employers that come from implementing work from home policies

1. Communication is more efficient

Thanks to collaborative software solutions, it’s far easier to get everyone on the same page. Remote working encourages us to be more diligent in file management and communicating updates. Keep all communication, files, and approvals in one easily accessible place to eliminate time lost sifting through email chains or needlessly taxing progress reports. Improving collaboration with customer profiles and project updates in real-time is possible using any one of a whole suite of CRM software.

2. Productivity increases

Studies show that telecommuting employees are 20% to 25% more productive than their office counterparts. Not only are there fewer social distractions, but there are also more opportunities to take necessary breaks when needed, which psychologists say helps with overall performance, motivation, and creativity— among other benefits.

3. Save on team building events

Save on social events such as birthday or holiday parties and instead focus your budget on high-impact areas. You can still help your team bond virtually but at a fraction of the cost you’d normally expect to spend on things like rental space and activity materials. And yes, it is completely possible to build a healthy remote office culture with the help of digital tools.

4. Employee health and wellness improves

Facilitate a strong work-life balance for your employees simply through telecommuting. They get to customize their surroundings to suit their personal needs, get comfortable with their preferred outfits and tech setup, and take care of physical and emotional needs as they come up.

Although there are some common pitfalls for first-time telecommuters that might decrease these benefits, you can help employees in their transition to working from home. Simply set clear boundaries and expectations for work hours, projects, and meetings that allow them to relax and feel confident in their productivity without going overboard. Also, find a mutually agreeable solution for daily or weekly check-ins to eliminate micromanaging.

5. Talent pools expand

Enterprise employers are no longer limited to hiring local talent, which means they have a far greater chance of finding someone with the exact skills, experience, and personality to fit best within their organization. Broaden your horizons when it comes to recruitment and business expansion.

Hire native speakers, bring in perspectives from other countries and cultures, and create a well-rounded group of professionals to innovate with.

 

We have previously addressed some of the environmental and cost reducing benefits remote working offers your business. Hopefully these additional points will help you assess the reasons to support more remote working facilities in your workplace.

We at HYVE are here to help you with these decisions.

 

Featured Photo by Alejandro Escamilla on Unsplash

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