Working remotely has gained a lot of traction recently and the trend only appears to be increasing in popularity. But despite remote work’s popularity, some employers remain hesitant about their employees working outside the office. The reality is remote work bears out a number of advantages for employers. Let’s examine how remote work adds value to your company.
1. Increased Productivity
It’s no secret remote workers may be distracted by a pile of laundry, vacuuming, or even stepping out to run errands. And while these distractions are realistic and do happen, the office is no stranger to workplace interruptions. How many times do your coworkers interrupt your process? On average, how many minutes do you lose to office politics, chitchat, and gossip?
Remote workers have the luxury of creating their own office environment. One employee might like the white noise of a coffee shop, while another may work diligently from 7am to noon before taking lunch. So while distractions are commonplace both in and out of the office, your remote workers have the option to tune them out easier than your office coworkers. As a bonus, remote workers are shown to work more than 40 hours per week, as they’re “always at the office.” This can be a double-edged sword, but with proper management you can use this as an advantage for your company.
If you’re concerned about tracking your employees hours, be sure your time management software has the capability for mobile and PC punching.
2. Reduce Overhead Costs
There are a lot of costs associated with running a business: utilities, a never-ending stream of coffee, computers, servers, renting the space, the list goes on and on. All of these costs, and many more, eat into a company’s budget. Allowing employees to work from home, even just a few days a month, can reduce these costs.
Plus, remote employees save money through decreased commuting expenses, picking up coffee before work, and eating lunches out. These may seem like small wins, but with fewer work-related costs, your remote employees have more money in their pocket thus increasing their sense of well-being, satisfaction, and retention.
3. Attract and Retain Top Talent
Finding qualified candidates in today’s job market is no easy task. Let’s say you land a great applicant; she fits the role perfectly, would seem to integrate well into your company culture, and has relevant experience. But she wants to work remotely, either full-time or part-time. Are you willing to let a great applicant slip through the cracks because of their preference for remote work? If you’re willing to embrace remote work, even part-time, you’ll have access to more candidates and widen your talent pool.
Remote work is not without its pitfalls. Without proper management or a communication plan, it can be a serious detriment to your company. But allowing your employees the ability to work remotely has some serious benefits, namely increasing the productivity of your workforce, finding qualified applicants, and decreasing overhead expenses.
If your current timekeeping vendor isn’t suited for remote or PC punching, request a demo and see how Dominion’s Time & Attendance software can benefit your business!