Why Stamford Security is Top Security Company In Bracknell & Allover United KingdomJanuary 27, 2021
Further, remote employees save an average of 40 minutes daily from commuting, immediately adding several free hours to the week for other activities. Nearly four years after the pandemic forced companies to adopt remote work, many bosses still find it harder to manage their employees online versus in person, says Jones. “How managers want to work as individuals could be different from how they want to work with their direct reports because managing a distributed team is really challenging,” she explains. The financial benefits of remote work aren’t just for the employees — employers can save significant amounts of money in the long run. Recent updates from Global Workplace Analytics report that companies can save around $11,000 per employee per year if they allow their employees to work remotely even just half of the time. This takes into a number of considerations and benefits of remote work, such as increased productivity levels, lower real estate costs, and improved employee retention.
And to prove that, we have compiled over xx remote work statistics to show how it’s taking over the world. Respondents to FlexJobs’ Career Survey wanted better work-life balance over higher pay. Additionally, 63% of working professionals are willing to take a pay cut to work remotely, with 17% stating they’d take a 20% decrease in salary. However, remote work statistics that may not be necessary, as remote workers make an average of $19,000 more than their in-office counterparts. For better or worse, the work environment has a direct impact on mental and emotional health. The vast majority of working professionals believe that remote work positively impacts their mental health (93%) and physical health (90%).
In 2021, 16% of the world’s companies are completely remote, hiring only remote workers.
Around one in seven working adults (14%) worked from home exclusively between 27 April and 8 May 2022, while nearly a quarter (24%) both worked from home and travelled to work. Brainstorming usually entails being in the same room and coming up with ideas and solutions quickly. So it comes as no surprise that it is a big challenge for the teams that work remotely.
The demand for remote work has continued to be strong since 2020. Across industries, companies and workers have experienced its benefits. Recent research shows that 87% of respondents stated that remote work options improved their overall work-life balance. A survey studying 127 company leaders from the HR, Legal, Finance, and Real Estate industries revealed that 82% intend to allow remote working some of the time in combination with a return to the office in 2022. For the majority, “flex time” is the new norm, as 43% will grant employees flex days, and 42% will permit flex hours.
Remote Work Attracts and Retains Talent
A little over a quarter also reported more distractions when working from home (26%). Previous analysis from January 2022 found almost half of homeworkers (46%) also reported seeing their spending decrease since working from home. More than three-quarters (78%) of those who worked from home in some capacity said that being able to work from home gave them an improved work life balance in February 2022. Half reported it was quicker to complete work (52%) and that they had fewer distractions (53%). However, travelling to work exclusively has been the most common working pattern since national restrictions were lifted, with 46% of workers doing this in late April and early May 2022.
- Moreover, flexible working and improved productivity will continue to be the most lucrative perks of remote work.
- The percentage of remote workers who work from home and have a problem with unplugging after work is around one-fifth.
- As we approach the end of 2021, few predicted that offices all around the world would still be closed.
Remote work is attractive because it increases flexibility and autonomy for employees. Research by Owl Labs and Global Workplace Analytics found that the majority of remote workers find video collaboration to be either the same level or more productive than in-person meetings. Popular software such as Zoom and Google Meet are remote tools that have become the new norm — 60% of workers reported using video more than before COVID-19. According to Pew Research Center, only 7% of employees worked completely remote before the COVID pandemic. This seems like an absurdly low number, especially when you consider that it is estimated that 37% of U.S. jobs before COVID could have been done entirely remotely. More and more remote workers value this new work-life balance and are even quitting instead of going back to the office.