Another tricky issue is the salary reduction policy of companies in return for giving then remote working options. But after careful analysis, it looks like the remote work option is to stay here, and many companies embrace the system as part of their HR policy. It can effectively use to check the global pandemic where social distancing becomes a necessary tool and useful during natural calamities. The work from a remote location has been in use as part of the retention policy by many firms. Since the new norm is not an unusual thing to society, people get easily adjusted to social pressure, something like we faced in the present COVID-19 pandemic situation. The idea behind the retention policy was to hold good employees with the company who cannot come to the office due to one reason or another and allow them to work from home.
The back-to-the-office campaign by many employers has run into resistance from workers. Racism and unequal access to green spaces are just remote work statistics two reasons people of colour spend less time in nature. Meet the groups working to bring the benefits of the great outdoors to all.
How many people are working from home during COVID-19?
When asked if they would consider moving should they obtain a permanent remote work arrangement, nearly 65% of respondents in a 2021 FlexJobs Survey said that they would move or that they would think about moving. When asked what factors would most influence a decision to move, the reasons included better quality of life (56%), lower cost of living or housing (45%), and different climate or better weather (35%). For the 2020 job seeker, remote
work should be table stakes and
contributes to improving happiness,
reducing stress, recommending
their company to a friend, and
better managing work-life conflicts. Read more on employee expectations when it comes to
the future of work, aka hybrid companies. Here’s how remote work during COVID-19 has affected
lifestyle preferences of full-time workers in the U.S.
- First, the Census Bureau has concentrated on people’s usual means of transportation to their main job.
- Although remote work offers great flexibility to work wherever you want to, most people still choose to work from home, though where that home may vary dramatically.
- Managers should ensure that employees are equipped with security knowledge and training to protect valuable company information.
Careful planning and consideration are needed herein to help a business achieve its goals and mission statement. Perhaps unsurprising is the fact that nearly three-quarters of homeworkers own their homes compared to two-thirds of the overall labor force. More unexpected is the finding that, even though they do not commute to work, only 4% of homeworkers do not own a car, the same percentage as among the general labor force.
No Commute Reduces Workplace Stress and Improves Work-life Balance
It can’t be argued that many employers have seen an increase in overall productivity since the rise of remote work. A better work-life balance, increased productivity, and overall happiness are some of the biggest selling points. A recent report highlighted that only 5% of business executives believe remote work can also provide a strong company culture. Some of this has to do with generational differences, as many people in older demographics don’t see the benefits of remote work. This rapid shift that the world is currently experiencing is forcing many companies to adapt or suffer from a dwindling number of employees. Analysts have been hard at work to determine the future of remote work opportunities.
Leaders need to take special care to
check in and offer
remote
teambuilding exercises and
one-on-one development
opportunities with those growing in
their careers. Offer remote work so your employees can feel safe and have the option to WFH. A typical employer can save about $11,000/year for every person who works remotely half of the time.
FlexJobs Is SO Much More Than Just a Job Board
With vast increases in employee productivity and job satisfaction, it’s clear that flexible and remote working arrangements will be a cornerstone of future workplaces. As well as being more productive, remote workers are usually less stressed and have a higher work-life balance. Working from home can reduce workplace anxiety while boosting job satisfaction. Flexible working conditions are not only generating happier, more productive employees; it’s a valuable incentive employers are using to attract new applicants. Many of today’s job seekers are searching for greater work/life balance, and broader choices in terms of where – and how – they work.
As of 2018, over 68% of the global workforce works remotely at least once per month [2]. Here are some of the key findings about remote work, hybrid teams, and work from home practices in 2020 and 2021. If you want to learn more, check out our guide to remote work and the pros and cons of working remotely from home. Before we dive into the virtual work statistics, it’s important to note that even the language around remote work has developed drastically over the past few years.
Individuals with a bachelor’s degree or higher are more likely to have jobs that provide the option to work remotely compared to those with lower levels of formal education. This underscores the impact of education on remote work accessibility. Note the table below drawing on research from McKinsey (2020),⁷ showing that remote work is more common among the highly educated. For example, remote work reduces employers’ employee turnover rate by 25-50% depending on the study. Of employees who left a business, 32% said it was due to a lack of flexibility.
- Keep reading to learn more about the adoption of remote work across various industries and to get a look at how the nation responded to the great remote work migration brought on by COVID-19.
- The ability to switch among remote options then birthed the hybrid team.
- The following remote work survey reports confirm how it helps to increase productivity and contribute overall growth of the company.
- Businesses will need to make changes to their flexible working opportunities if they want employees to have a better work/life balance.
- In this survey, we learned that almost 70% of full time
workers in the United States are working from home
during COVID-19. - Create goal-based performance tracking so it’s not about
the hours in the day but the results.