In the same way, one of the biggest benefits of remote work for employers, is it can help them to prepare for any potential disaster. Remote work also ensures you can get the most out of your employees while they’re working with your business. When people have the freedom to work from home, they’re less likely to call in sick just because they’re feeling a little under the weather, and don’t want to manage the commute. Being able to retain crucial talent is a critical concern for businesses of all sizes.

Let’s break this down and consider the most important advantages of remote work from both perspectives, starting with the two just mentioned. Nurture your inner tech pro with personalized guidance from not one, but two industry experts. They’ll provide feedback, support, and advice as you build your new career.

Reducing environmental impact

One survey suggests that companies can save $11,000 annually on average per part-time remote employee, translating to 21% greater profitability. Moreover, 34% of employees responding to a 2019 Owl Labs how companies benefit when employees work remotely survey indicated they’d take a pay cut for a remote position. It stands to reason that if your staff is primarily remote, you won’t need to maintain as much (increasingly expensive) office space.

But even they had difficulty scaling from a handful of employees with remote work privileges to an entire workforce. A frequent complaint in today’s world is the difficulty of striking a good work-life balance. Working eight or more hours a day leaves little time for family — especially when commutes and sleep are factored in. Working from home eliminates lengthy commutes, enabling more time with loved ones. And on days when employees aren’t required to attend video meetings, they can dress any way they choose — including pajamas. This greater sense of comfort and better work-life balance lead to less stress.

Loss of work-life balance

According to Gallup’s State of the American Workplace report, ‘The optimal engagement boost occurs when employees spend [around] three to four days working off-site’. From home to travelling abroad to being in the office one day a week or three, employees enjoy the freedom of remote work. Remote teams enable businesses to rent smaller office spaces — or even move to a remote, cloud-based operation completely. This saves organizations money on rent, utilities and other office supplies. If your teams have asked for full- or part-time remote work opportunities, you may wonder whether it’s the right move for your business.

Decision-making involves identifying an issue, weighing options, and taking action. The ability to make decisions can save time, boost productivity, build trust, and reduce confusion in the workplace. By providing goals and objectives and a clear vision for how to meet them, you can keep employees motivated to perform their best. Other ways to inspire and motivate employees include finding ways to make work more engaging and rewarding and providing positive and helpful feedback. You could end up working far more than a regular employee, with zero benefits. If you need to work at the same time as others in different time-zones, remote working can prove challenging.