The COVID-19 pandemic has forced employees to work from home. Remote working is opening up a wide range of opportunities for the way organizations can operate and structure themselves. With the possibilities and benefits, work from home brings new responsibilities for the organization and employees.
Let’s have a look at some of the benefits of working from home.
Advantages of Working From Home
Working from has a host of benefits for the organization as well as the employees. Here are some of the benefits of working from home.
- Better Balance Between Work and Life
Generally, remote working comes with flexible work schedules, which means that employees can schedule their working hours according to their convenience. Flexible working hours can lead to a great outcome. Also, a flexible work schedule is valuable for employees as they can attend to the needs of their personal lives. Whether balancing school schedules for children, medical appointments, or any other tasks, all can be done a bit more easily when working from home.
- Money Savings
Working from home can reduce or even eliminate the expenditures on the professional wardrobe, transportation, parking fees, lunches bought out, and many more things. The advantage of saving money is not only for the employees but also for the employers. As more and more organizations are allowing their employees to continue working from home, even post-pandemic such as Facebook, Square, Shopify, and Twitter, they will see vital long-term cost savings. Research by Global Workplace Analytics states that an organization can save approximately $11,000 per year for each employee who works remotely for some time at least.
During the COVID-19 pandemic, the United States organizations are saving over $30 billion every day by permitting workers to work from home. This arrangement can have a significant economic benefit.
- Improved Inclusivity
Remote working enables organizations to embrace diversity by hiring employees from different socioeconomic, cultural, and geographic backgrounds, with different perspectives. This can be challenging to accomplish but has a lot of benefits.
- Impact on Sustainability
Working from home promotes a variety of sustainability forces, from reduced inequalities and economic development to sustainable cities, weather change, and efficient consumption. The cheapest and fastest way for employees and companies to decrease the carbon footprint that can affect climate change is by decreasing commuter travel. At present, due to the lockdown, the world is already witnessing considerably reduced pollution, traffic, and congestion.
Final Words
The COVID-19 pandemic may be the catalyst for remote working for millions of employees and organizations around the world but is not the only reason to work remotely. There are a lot of benefits to working from home. It impacts numerous things on a global level, and in the upcoming time, it will become the best way forward.
Join the Compliance Prime webinar to learn more about the benefits of working from home.
