There was a time when fully-occupied workstations and endlessly ringing phones constituted the epitome of a highly efficient workplace.
But that’s all slowly changing.
Largely facilitated by faster internet speeds, continuously evolving communication tools and the increasing prevalence of smart devices, the rise of remote working is redefining what it means to run a productive business. While many Australian organisations are already reaping the benefits of such flexible work practices, the reality is that remote working can yield major cost and cultural advantages for businesses of all sizes.
Off the road
Remote working eliminates the need for commuting, thereby creating more time for actual workplace tasks. Australians spend hours each week traveling to and from work. Reducing these hours to zero via a home-based arrangement not only increases productivity (mainly because there’s less of the daily office distractions), but also reduces worker stress, which can itself lead to a happier, healthier workforce.
In addition, an absence of commuting and office commitments may also enable remotely-working sales and customer service employees to spend more time building and strengthening customer relationships – an outcome that also contributes to increased company profitability. Overall, these positive impacts assist with employee retention, reduced turnover and your business’s competitive advantage.
Anyone, anywhere, any time
While all businesses talk about the competition for talent, a remote working policy provides a strategy for helping to win it. Crucially, it offers the power to hire anyone, from anywhere. Extremely beneficially for remotely-located businesses or employees looking to make a sea change.
Remote working options are also ideal for those returning to work following maternity or paternity leave, and can also help older workers remain in the workforce longer. From a HR and recruitment perspective, the establishment of remote working policies can help position corporations as employers of choice.
Saving on costs
One of the main ways a business could save by hiring remote workers, is on the cost of real estate. Add the potential savings on overhead expenses such as furniture and electricity and you could be looking at some decent savings. Not to mention that employees would likely appreciate the money they save on rising transport costs.
While hiring remote workers isn’t for every business, all these benefits are definitely worth considering for those with the option to expand their reach.