Photographer: Luca Bravo | Source: UnsplashRemote work allows companies to approach work in a way that has never been considered before. It often will enable workers to find employment and grow professionally without having to work exhausting hours from 9 to 5 in an office.
Organizations that have taken advantage of remote work opportunities have opened themselves to endless possibilities and new markets.
The leaders who implement these changes in the management of their jobs not only have access to international talent but also avoid temporary, real estate, tax, and administrative expenses.
Remote Work in Numbers
According to the Harvard Business Review (HBR), companies save an average of $22,000 per remote employee, and workers save up to $4,000 a year.
Most full-time workers want to continue working remotely, while 64% would reject even a 30,000 raise to keep this privilege.
The companies indicated that in the last year, they managed to meet 35% of their objectives thanks to the help of external personnel, without which their conventional employees would have burned out.
Another survey conducted in the United States of people of working age revealed that one in five workers who worked remotely during the pandemic considered becoming independent to stay remote.
Most of those who switched to this modality did so because "they were looking for a more flexible schedule" or "greater mobility.”
Although some organizations continue to limit the use of the open work model today, in most cases, resistance to this transformation is due to the lack of knowledge of remote talent management tools.
Rates of freelancing and hiring external experts are growing exponentially, with 73% of all business departments expected to have remote workers by 2028.
The growth in trust towards remote work has led to a global competition for the best talent and a globalized online economy.
An Effective Remote Work Culture
Now companies are competing not only with their premises but with any other company in the world willing to pay for a digital worker.
As a result of the democratization of access to opportunities, growth in living standards is expected in places where local opportunities are increasingly scarce, as well as fiercer competition for digital talent.
While gaining practice with remote work and tapping into flexible or freelance talent yields exceptional results, it requires determined management and effective talent and resource management.
For example, in a remote company, it is essential to measure productivity, not based on employees’ presence properly; doing so prevents companies from successfully transitioning to remote work.
If your employees aren't thriving remotely, accountability and leadership strategies should be examined instead of employees staying in the office. You have to ask yourself if an adequate organizational model for remote work has been established or not.
