Advantages of Remote Work For Companies

Some advantages of remote work

Gianluca Malato

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Remote work is not just a simple idea you can implement into your business with no effort and start making more profit. It is an opportunity that, when brought to life, will allow you to benefit from a number of advantages that you never thought possible. In the following article, we are going to outline the most important advantages of remote work, which will explain why it is so beneficial for both companies and employees who decide to work remotely.

Reduces Overhead

When you work with a remote team, you don’t have to worry about things like paying rent for an office space or outfitting it with furniture, electricity, and internet access. The employees will handle this on their own, so you’ll only have to pay them for their time.

Improves Employee Retention

According to research by Global Workplace Analytics and FlexJobs, 50% of employees would take a pay cut in order to enjoy flexible working arrangements. This means that if you offer remote work options, there’s a good chance your employees will be more satisfied with their jobs and stick around longer than they would at a company without similar offerings.

Greater flexibility

The most attractive advantage of remote work is the greater flexibility it allows in terms of working hours, working place and the other aspects of professional life. These advantages are especially beneficial for people who need to take care of their children or family members. As an employer, you can benefit from this flexibility as well by allowing your employees to work from home on days when they’re not feeling well, for example.

Lower costs

Not having to rent an office means a lot less overhead expenses for companies that decided to go remote or hire remote workers. Also, there are no costs involved in commuting to work. This way, both employees and employers can save money on gas, parking and public transport tickets.

More productivity

Studies show that employees who work remotely tend to be more productive than their office counterparts because they have fewer…

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Gianluca Malato

Theoretical Physicists, Data Scientist and fiction author. I teach Data Science, statistics and SQL on YourDataTeacher.com. E-mail: gianluca@gianlucamalato.it