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The cat is out of the bag, and it is no longer a secret that remote work is here to stay. Many traditional work model businesses could benefit from adopting remote work, but most are still on the fence as they doubt its effectiveness.
Therefore, the million-dollar question is, " is remote work effective?" Though some may still be hesitant, many businesses have turned a new leaf by adopting this new way of work. But is it working, or are they just infatuated with the autonomy that comes with being able to work from anywhere? Are there numbers to prove it? What are the experts saying?
Many studies support that working from home or anywhere is becoming increasingly influential, if not more than the regular way of work in most cases, and is more favored by employees or potential hires when job hunting.
Let us go ahead and explore those areas that succor how important the future of work has become.
Much debate and discussion over the effectiveness or importance of remote work models have kindled like wildfire in the past three years. At the same time, many studies and research have been done to abate the adverse claims attached.
The list below is a handful of proven claims verifying remote work's success, efficacy, and importance, especially in recent times.
According to research conducted by Owl Labs for 2021, remote workers were 22% more content than their onsite counterparts. It only shows that employees are becoming more satisfied with their jobs because of the flexibility that remote work models offer, even at the onset of the Covid-19 pandemic.
This remote setup works best when remote work policies are implemented correctly, as it may not be favorable to some blue-collar jobs that demand being present onsite.
However, when employees are happier and more satisfied, they stay with their work longer. This happiness attributes to better physical and mental well-being and eventually better work/life balance.
According to 2022 Mckinsey research, the third-most-popular reason for job seekers to hunt for new jobs was flexibility in working arrangements. Many of the millions of Americans who voluntarily left their jobs/careers in December 2021, during the Great Resignation, accepted new jobs based on work flexibility.
Now, this trend should be noted by employers as this factor alone may become or already is the deciding factor for potential hires accepting a new job. If working remotely was not effective, then many job seekers would not be prioritizing it as they have been.
It has often been said that working from home or anywhere else that is not an office setting has increased the productivity of many individuals. As weird as it may sound to some, there are numbers to prove it.
Studies have shown longer work hours when employees work remotely, whether part-time or full-time. You are probably wondering how that is even possible. Well, a 2020 survey by Airtasker revealed a 15% difference in employees who work from home spending less time avoiding their work.
The workers of this survey said they were less distracted by their colleagues, spent 30 minutes less talking about topics not related to work, and 7% less of their time talking to their superiors.
When a senior executive of Chegg, an online learning company, was interviewed by the New York Times, the company had started working remotely in March of 2020.
His first approach was to micromanage his staff, but after diminishing that approach, he realized productivity increased instead of plummeting. He revealed that projects were being completed ahead of schedule, and employees were even asking for more tasks.
A 2020 Nitro Study revealed a correlation between productivity and stress. The study showed that though employees reported being more productive, they also felt less stressed. Though 29% of the workers from the study said they were moderately stressed, it was still 4% lower than the results in 2019.
Less stress could have resulted from having more control over their workday, allowing them to balance work and life much better. Even though they were working longer hours, the ability to merge it in and around other areas of their daily life was the icing on the cake.
In addition, this remote work phenomenon not only positively affects individuals' mental health, but many have also decided to reclaim their physical health. The latest Ergotron report highlighted that more employees prioritize their health, especially physically. 75% of the 1000 full-time workers sampled in the study revealed they have become more active when working remotely.
But why is this claim so important? A balanced work-life significantly affects the earlier claims mentioned. Not only does it make one happier, but it also boosts productivity and makes workers feel more motivated, which in the end impacts your employees' experience, which could mean a boost in your employee retention rate.
"The pandemic exposed the need for business resilience. To achieve it, companies invested heavily to modernize their IT infrastructures.
As a result, demand has surged for technology professionals who can design, build, and maintain these systems. With older "Baby boomers" retiring, the available pool of technology professionals became even thinner.
As companies look to find and hire top talent, remote work can offer a strategic way to access scarce top talent while lowering labor costs without missing digital transformation objectives."
So, as you can see this ‘new normal for many businesses is working quite well and yielding notable results and shockwaves in the realm of work.
Whether fully remote or hybrid, this new trend of working is making people happier, causing them to stay longer with their companies, improving their work performance, and making them healthier.
With that said, cheers to the future of work!
