Remote Working and Remote Outsourcing Trends and Options
Remote working trends aren't limited to just the growth in work from home we've witnessed since the start of the pandemic. You might be surprised at how many people have made it a lifestyle, how it's made other processes such as remote outsourcing simpler and more understandable, and how cost efficient this can be for your company!
Remote work has increased by 140% since 2005 and here are just a few of the remote working trends and reasons that have caused this enormous rise to occur.
Flexibility
Employers and employees both benefit from heightened flexibility in remote working conditions. The ability to use your own preferred working schedule allows remote work to be conducted with greater efficiency, this is especially the case with remote outsourcing to countries such as India that are situated in a different time zone.
Office Environment.
What is an office environment? For many people, the term “office” conjures up images of cubicles and corporate dress codes and remote work as per their ideal doesn't fit into this. This isn't necessarily the condition that needs to be met to provide an office environment.
A workstation separate from your home
Working from home but taking frequent breaks to go into a common area
Being able to occasionally attend meetings and meet new coworkers in person
These are just a few effective ways that people are converting their homes into an active office environment. The general association of the term "remote working" with the term "Work from home" is also not always accurate as remote working can also refer to remote outsourcing - where employees are working in offices, but in another area or even country, i.e. remotely.
Workforce Satisfaction
A study by Owl Labs found that remote working results in a 24% increase in workforce happiness and satisfaction levels. This is because remote workers have more flexibility, autonomy, and time. These factors can be used to increase happiness for everyone in your office, remote employees or even your remote outsourcing leg. This is also why one in three, or 33.33% of employees would prefer switching jobs to continue working in a remote environment.
Cost Efficiency
One of the main reasons companies opt for remote working is to save money. Companies can end up saving as much as $11,000 per employee per year by opting for remote working. This amount could be even higher if you opt for remote outsourcing. Not only are you saving on office space, but you're also saving on other costs like healthcare and travel expenses. If your business has a location-independent workforce, then it can be easier to hire qualified candidates and provide them with job opportunities no matter where they choose to work from.
Employee Loyalty
Remote workforces are loyal to their employers. According to a FlexJobs survey, remote workers stay with their employer for two years longer than those who work in an office. They also find satisfaction in the flexibility of their work arrangements and the freedom from the traditional 9-to-5 office rotation.
In fact, one study found that employees who work remotely are more likely than other workers to recommend their employer — even if they don't get paid relatively more.
Autonomy
One of the biggest drivers of productivity is autonomy, and remote workers have it in spades. They can customize their workspace to be as personally productive for them as possible. This is also one of the reasons why remote workers are 13% more productive than in-office counterparts.
Efficiency in Emergencies
When you're a remote worker, you can still be productive during bad weather and emergencies. The remote working model doesn't require employees to travel to any particular location to work, all their required infrastructure or operations can be tackled from their home. Remote outsourcing takes this a step further as employees are usually operational in another area or country with different conditions and greater flexibility to complete the required tasks.
Conclusion
The future of remote working is bright. Not only are employers and employees reaping the benefits of this new way to do business, but consumers are too—if you haven’t already chosen to convert your team to remote working, it’s time that you did! We know that some people are skeptical about remote work and think it will never catch on, but 63% of US based employees agree with us and believe that remote working trends will only increase and that remote work is here to stay. If you want to take the first step towards cost efficiency and higher production, even in comparison to remote working, get in touch with us today to explore remote outsourcing opportunities and set up your offshore remote team today!