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Is Remote Work Actually Good For Employers?

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dandy2902

New Contributor
May 12, 2021
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Employers dreaded the thought of managing their businesses when all employees mention anything about working from home. They assumed that the business output wouldn’t be the same, and they tried avoiding this work setup altogether. That was until the pandemic struck the world, and remote work became the norm. Another thing that also changed was employers who no longer winced at the idea of working from home. Here are the benefits of remote work for employers.
Reduced Business Operating Costs
Companies that have initiated remote work benefits to employers say that costs or running the business have lowered. These are the cost connected with onsite business functions, maintaining equipment, cars, office space, and traveling costs. When one calculates the costs saved on each worker that works from home, it adds up to some pretty big savings.
The other radical change is foregoing the renting out of physical working space. This is a good news if you’re running a start-up and are struggling with costs or have a smaller group of employees.
Higher Productivity
Increased productivity is one of the benefits of remote work for employers. Remote workers are proven to be more productive. That's not to say that onsite workers work less; it’s just that they have more distractions to contend with.
Remote workers have more control over their surroundings and are more efficient too. The secret lies in enjoying greater autonomy and choosing the work hours that they are most comfortable in, and therefore more productive.
Higher Performance
Less stressed employees are one more way how remote work benefits employers. Employees are physically drained when they didn’t have a good work-life balance. Now they have greater flexibility as they can manage their work and personal life and still produce improved outcomes like they can get the work done anywhere. The same goes for commuting stresses too. They save on time, money, and energy spent commuting and are less stressed and less anxious.
Higher Competitive Edge
Combining reduced cost and super-charged employees result in another way how working from home benefits employers– more competitive advantage. They drive business plans and add to the brand’s success. This is why companies work towards attracting and retaining top talent to ensure that they have a USP.
Remote working has brought employees up to a level where they play a bigger role in that business success. If they feel like a part of a bigger picture, enjoy more recognition, they are less likely to shift jobs. When companies excel at the smaller levels and can create an ideal working environment, it makes them superior. Such companies can work faster than competitors, and produce better results.
Much Less Absenteeism
Employees need to take breaks often to cope with the physical stresses of their jobs – traveling, anxiety, and dissatisfaction. Remote working appears to have canceled out these stress points.
Employers gain from more performance as employees reduce the number of leaves they take. In connection with this, there is less burnout as workers are more relaxed when they have control over their work and environment.
 
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