Reduced Overhead – If those with adaptable, remote-friendly jobs worked from home for just half of their working hours, a typical business would save $11,000 per person, per year, according to a Global Workplace Analytics study. Additional costs that can be either decreased or avoided include your business mortgage or lease, utilities, office supplies, coffee and water expenses, business equipment, furniture, and more.
Increased Productivity – According to Inc. Magazine, remote employees tend to be 20 percent more productive and are almost twice as likely to work more than the standard 40 hours per week. Moreover, employees working outside of the office take fewer sick days and are more likely to return to work after appointments than their in-office counterparts.
Happier Employees – The Microsoft whitepaper, Work without Walls, notes that employees cite increased work-life balance as the most important benefit of working remotely. Avoiding long commutes and traffic, saving on gas, and having fewer distractions also made the list of benefits employees appreciate most when working from home. These perks increase both work and personal satisfaction for such workers, and happier employees lead to higher job satisfaction and lower turnover for business owners.
