This means more disposable income available for other things, which is always a good thing. The benefits of remote working can be just as advantageous for the employer as the employee. Working out a mutually agreeable situation for both is ideal, as remote working is growing in popularity. Many of the examiners also benefited financially by bringing their Greater Washington, DC, salaries to less costly regions, effectively increasing their real incomes.

It also makes it easier for them to manage family commitments that can conflict with attending the office in person. Managers must trust their remote workers to do their job without watching them all day, too. It’s also a reason for existing employees to stay and make their paychecks go further, rather than worry about the stress of job hunting and trying to find another remote or hybrid role.

Earn more money

Given current trends, the future of work is more likely to be a hybrid of remote and on-site work. That’s why everyone from global corporations, to regional healthcare systems, to federal agencies have turned to AchieveIt for their Integrated Plan Management. Consider these remote work statistics when striking the balance of remote work.

Remote workers have an increased ability to save money (for both themselves and their employers). Download our infographic on The State of Remote Work and find out how your workplace can stay ahead of employee expectations for remote work. And to learn more about how Quantum Workplace can help you manage your remote teams, click below. Employees are more willing to work longer hours and 52% said they are less likely to take time off—which can lead to higher stress and exhaustion.

The Realities of Remote Work

Fully remote workers, on the other hand, have a 78% engagement rate while on-site employees have the least high engagement levels with 72%. Employees are also likely to stick with it once they make the transition to remote work. 70% of remote workers have been working remotely for at least 3 years. Many have no interest in making the transition back to a traditional office job. 80% of employees note that if they were given a choice between two jobs, one that offered remote work/flexible hours and one that did not, they would turn down the employer that did not offer flexible hours.

With job postings that are updated daily across more than 50 career categories, you can connect with employers that understand the value and importance of remote work. Once you’ve found a strong career fit, you can select from hundreds of resume examples created by Certified Professional Resume Writers to get the ball rolling how companies benefit when employees work remotely on your job applications. Gas, car maintenance, transportation, parking fees, a professional wardrobe, lunches bought out, and more can all be reduced or eliminated from your spending entirely. It shows employees that you trust them to get their work done, care about their work-life balance, and value them as a person.

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Employees can prioritize their physical and mental health with more control over their work areas and schedule. Compared with their office counterparts, teleworkers are 35-40% more productive and have measured a 4.4% increase in output. For instance, employees https://remotemode.net/ with spouses who need to move around frequently or are caregivers for family members can more easily balance their work and personal lives. The key to differentiating between a workplace fad and an economic strategy lies in the hands of the businesses.

• This improvement in retention rates allows companies to spend the money they’ve saved on other areas of the business, like better employee benefits.
• Allowing employees to work remotely increases the size of a business’s talent pool because there are no geological barriers involved.
• Hires don’t have to be local and can be anywhere in the world, depending on time zones.
• In addition, you’ll save money on transportation costs and other commuting-related costs, such as gas or parking fees.
• The cherry on top was a savings of nearly $2,000 per employee in overhead costs by reducing the amount of office space needed at HQ.