1. More and more companies all over the world asked their employees to work from home to avoid human interaction and touch that might appear at workplaces due to COVID-19 outbreak. These include costs of commuting, car wear and tear, fuel, road taxes, parking as well as indirect costs such as expensive professional wardrobes and the dry-cleaning of those. Otherwise, this list is in no particular order. Plus, there are some amazing advantages of remote working for employers. 10. One of the key drivers behind the rise in remote working is the ‘millennial effect’. Allowing employees to work from home helps you reduce your overhead expenditures. Employers can benefit a lot by adopting remote working practices by reducing costs at … Americans work more than anyone, but offering a work-from-home option might keep your employees from getting too burned out. Also, during those hours they can attend to other personal scheduled needs thus, balancing both their job and personal life. There are a ton of benefits to remote work for both employees and employers, although it might seem like it is only in favor of the employee. Flexible working hours, arranging own schedules and time management are the problems employees from home encounter, and it depends on a person’s nature and motivation whether it is suitable for him/her or not. 3. Providing flexibility, understanding, and freedom can add to a productive and healthy work environment. Benefits of Remote Work for Employers. Opportunity for a wider pool of job applicants. With increasing numbers of employees working at home - or using home as a working base for at least part of the week - it's clear there are a number of benefits for business, such as: Flexibility and agility - home working enables more agility and flexibility in working arrangements. You generally don't have to supply office equipment or furniture for a telecommuting staffer and in some instances may be able to request that employees use their own phone lines and home computers for completing their work and staying in contact. She is also the author of several nonfiction trade publications, and, in 2012, had her first young-adult novel published by Glass Page Books. Recent studies have supported the idea that working from home—for the right people—can increase productivity and decrease stress. 1. More Relaxed. Employees: There are so many hidden costs that you will encounter when you work from an employer’s office. Employers can benefit a lot by adopting remote working practices by reducing costs at workplaces, office supplies, and boost businesses by increased productivity of employees. Advantages of working from home for businesses, employees, and employers. The world’s top researchers say yes, by proving that workplace flexibility will boost your bottom line in these five categories. We use cookies to ensure that we give you the best experience on our website. “It sounds simple and obvious but the time management and scheduling you have to do is an important skill to have.”You can get m… You now have the flexibility to wake up when you choose and tailor your day to your needs. With employees no longer tied to an office, they may be better placed and more willing … One major downside is the lack of human interaction when working remotely – some studies have shown that, over time, employees can feel socially and professionally isolated. Your alarm goes off at the same time every day, you grab your morning coffee at 7:05 am, and you’re at your desk by 9 am ready to work. Higher Morale. While in office space, everyone is supposed to work the same way, and a similar approach is applied to all, but at home, everyone can choose to work as per their own productive hours and ways. Remote work practices could give employees a lot of freedom to choose and save a lot of time spent on travelling to their workplaces. Conducting virtual meetings and facilitating communication electronically helps protect the environment through reduced automobile emissions. Although there are in-office events that employees working from home will miss, the advantages of getting to see your family more often is a fair trade in the mind of most workers. Many people are working from their literal beds, with shoddy Wi-Fi and kids underfoot. Employers wary of allowing staffers to work from home often fear employees will abuse the arrangement. 2. One way to combat this potential is to outline work-from-home expectations, set productivity goals and conduct regular progress check-ins. Results and feedback have proved that this concept is subjective. Allowing employees to work flexible schedules can increase job satisfaction and reduce turnover. Telecommunication with employees makes them more productive compared to office routine due to fewer distractions at home, and more opportunities to take breaks when needed. Employees will work longer on a day-to-day basis. You are truly independent. Team bonds can be built virtually and at a much lower cost as the firm can save on activity materials and office space. As counterintuitive as it may sound, one of the benefits of working remotely is increased productivity — not procrastination. It helps them to remain motivated, enhancing creativity. There is a lot of cost savings on office snacks, supplies and office spaces. This is crisis working from home — unplanned, government-mandated and coinciding with widespread school closures. With remote work, you can now wake u… A reduction in the amount of time spent on tiring travel hours could be a great relief for employees and can give ae boost to businesses as well. Remote work can come with distractions, especially if you work from home. Increased productivity and motivation. Further, useless meetings can be eliminated, and 1 to 1 conversation on the phone can save a lot of time. Custom environment. This can be especially helpful for job seekers living in rural communities and small towns where there may not be many available local positions. This freedom to choose their own schedules and environment with certain rules in place by the organisation can allow employees to perform their best. Less Childcare Costs . July 10, 2020 01:58 PM AEST Team Kalkine; Facebook. The advantages of working from home include: Less childcare costs. Many employers feel uncomfortable providing the work from home opportunities because of the lack of face to face communications. Access to a wider pool of applicants. Hence, growing number of jobs associated with computer networks, worldwide ownership of cell phones, and universal accessibility of personal computers are all linked together by technologies providing connectivity services are in place, and have been building blocks to form a solid home-based workforce. It has been 3 months into a massive, unexpected social test that resulted in an abrupt shifting of people from working in office cubicles to remote working from their bedrooms, drawing rooms or lawns. Does the remote work revolution have a case for change? Working from home for employees who suffer from physical disabilities and mental health concerns can significantly improve their lives, as they can provide themselves with adequate care as needed. This shows that diversity can also grow more effortlessly, which is regarded as an asset to their workforce. Probably the biggest advantage of working from home is that less people have to commute to work, which means reduced consumption of fossil fuels and reduced emission of greenhouse gases. Both of these factors play a crucial part in employee retention. When working from an office, it’s likely you have a set schedule. By submitting details, you agree to receive the information & offers as per our, Shareholders say yes to Saracen and Northern Star’s merger, Troy Resources (ASX:TRY) bets big on Smarts underground at the flagship Karouni gold mine, Oil prospects: current economic milieu and path to recovery, Amazon's Jeff Bezos sets a new record as world's richest person, with net worth above $171 billion, Commonwealth Bank of Australia (ASX :CBA), Australia and New Zealand Banking Group Limited (ASX :ANZ), National Australia Bank Limited (ASX :NAB), Fortescue Metals Group Limited (ASX :FMG), Insurance Australia Group Limited (ASX :IAG). The second advantage of remote working in your daily business life is saving your money on transportation costs, eating lunch out with colleagues, or purchasing a morning coffee. Increased productivity. Moreover, it also helps in setting the program policy of the company. Instead you can roll out of bed and start working. Even when you are still employed, you have more responsibility for your performance. Working from home means you’ll learn to rely on self-motivation, self-discipline, focus, and concentration.“As you work through your career, those are really critical components for success,” says Fay. Employees with flexible work options often have higher morale and enjoy their job responsibilities more than those in a traditional office environment. The work culture of 1. They may harbor concerns that an employee won't work a full shift or fully focus on the tasks at hand. It's important to build in time for social interaction, even if it isn't in-person. Of the many advantages of remote work, one of my favorite is “zero commute time” because it saves you time, money, stress and more. If you continue to use this site we will assume that you are happy with it. You also save on power bills, office supplies and niceties like break-room coffee and snacks. You can take breaks at any moment, feel no rush to hang up on your family members when they call, and eat lunch at any weird time you want. You have pets and neighbors, kids and a significant other to contend with. The Disadvantages of Being Connected to Work 24/7. Enter the email address associated with your Kalkine account. No rentals, no electricity bills, and no more perpetually purchasing office supplies. Working from home during the coronavirus pandemic, though, shouldn’t be conflated with the working from home Bloom recommends. Home working can give parents with childcare responsibilities the flexibility they need, while other workers can benefit from an enhanced work-life balance. Considering numerous advantages and disadvantages of working from home, it is up to employers whether to apply it in business or not. Your office, your way: Being the way you wanted to be, is the biggest advantage of working from home. Increased morale often has a positive impact on quality of work and productivity, which benefits the business in terms of bottom-line earnings. More relaxed; More organization; Save money; More time with family; Flexibility; Fewer distractions; 1. What Is the Role of Job Satisfaction on Retention? Some of the advantages that employees enjoy while working from home are as follows: Remote working allows employees to stay productive and work within hours they feel most productive as every employee has different energy levels at different times between a 9 to 5 job. Copyright © 2021 Kalkine Media Pty Ltd. All Rights Reserved. Note also that your home office is not necessarily a suitable place … Environmentally friendly . Work from home is the concept that promotes the successful execution of office work from home. One of the advantages of remote working means you can set up your office or workspace as you want it. Also a very big advantage of working from home: You get to prepare your own meals every Set up your noise level just the way you want it — somewhere between insanely quiet to being at the front row of a Lady Gaga concert. Lisa McQuerrey has been a business writer since 1987. Zero commute time. Greater employee loyalty and reduced attrition also mean less time and money spent advertising for open positions, screening, interviewing and hiring new staffers and bringing them up to speed on job responsibilities. It’s much more than just the allure of getting to work in your pajamas. Close to half of all jobs in the United States can be done remotely, and 79% of people holding these positions say that are willing to work from home. 6. Coronavirus has confined everyone within the four walls of their abode and into a flexible workplace as it threatened millions, shutting schools, transport, and work facilities, in short, wherever people could infect one another in a group. Dress code. Food Preparation. Working remotely is a modern concept of working that has grown significantly in recent times. In 1994, she launched a full-service marketing and communications firm. By working at home you save on many hidden costs associated with going to work. It is an essential component that can lead to a healthier work-life balance for the average worker. The new emerging face of 21st century has forced employees to forget about commuting issues, business wardrobe and office chitchats, rather directed them towards firing up laptops from their homes to work. The health and wellbeing of the workforce has proven ties to productivity and a drop in absenteeism. Advantages of employees working from home. By creating account you will get access to Hotstocks & personalised emails, To verify your email, we've sent a One Time Password (OTP) to. Internal & External Factors Affecting Employee Engagement, The Effects of Autonomy on Job Satisfaction, Cal Poly Pomona: The Effectiveness of Telecommuting for the Employee, Employer, and Society, Human Resources at UC Berkeley: Myth: Productivity Will Decrease With Flexible Work Arrangements, The Nonprofit Times: Telecommuting Employees. Since working from home has become widespread during the coronavirus (COVID-19) pandemic, its advantages are regularly highlighted in the media. This helps you cultivate a long-term staff that develops an increasing degree of knowledge about your business. Advantages of Remote Working. Top 10 Advantages of Working from Home. This is a great feeling and can boost your confidence a lot. McQuerrey's work has garnered awards from the U.S. Small Business Administration, the International Association of Business Communicators and the Associated Press. In addition to being an effective recruiting and retention tool, letting employees work from home can save employers money in myriad ways. Wear clean casual clothes as this will put you in the work mode. Advantages and Disadvantages of Working from Home for Employees Here are the Advantages of Working from Home. During the pandemic, while people are forced to work from home, many managers have instituted regular ‘social’ meetings – when teams engage in quizzes, sing-alongs, games, shared online meals or other non-work activities. While work from home trend has proven to be advantageous amid COVID-19, many people consider it to be a temporary change and a break in routine for both organisations and professionals. We’ll look into the top 19 in this blog post! Comfortable clothes; You get to wear comfortable clothes but don’t try to work in your night suit. Some industrie… Advantages. 3. Having a fully equipped office in a separate room in the house (so you can shut the door when necessary) is vital. When you can work from home, you are finally able to make more decisions on your own. Let’s break down a few of the advantages: 1. Con: Working from home can be lonely. That will allow the company to absorb the … This separate and dedicated workspace also allows for a tax deduction in some situations. Benefits and advantages of work from home: Easy schedule; By doing work from home, your schedule gets a little relaxed. Linkedin . Flexible Schedule. Remote working is a give and take relationship between employers and employee. Employees often value flexible work schedules, such as work-at-home and telecommuting options, because the work option gives them a more effective work-life balance. The most evident reason why people want to work remotely is that it offers them flexibility. Employers who adopt work-from-home policies are capable of hiring top talent without considering the geographic limits. In this blog we look at the advantages and disadvantages of working from home, for both employers and employees. There are many reasons which explain that adopting flexible working hours can actually help organisations and employers in boosting their businesses. 3) Avoid traffic (47%) 2) Save gas (55%) 1) Work/home balance (60%) Yet, while remote working seems logical to me, many employers and managers don't like it.