With many countries still imposing lockdown restrictions amid the COVID-19 pandemic, an increasing number of people are working from home. As employees have been unable to access their usual workplaces, companies have embraced remote working with new zeal. 

While homeworking has enabled industries to remain operational during a global pandemic, there are other benefits associated with remote working too. If you run a business or manage a team, take a look at these top reasons why you should be letting your staff work from home:

1. Reduced  property costs

For most organizations, owning, renting, and maintaining buildings is their biggest cost. If you have 100 members of staff, for example, you’re going to need a large office space to accommodate them. When staff work from home, however, you don’t need to fund the cost of a large workspace. In fact, many large companies operate from a relatively small headquarters when their staff are home-based. 

By slashing the cost of your biggest outgoing, you can substantially increase the company’s profitability. With more revenue being put back into the firm, remote working could even facilitate an increased rate of business growth.

2. Access to talent

If you require your staff to work on-site, you limit your choice of employees to people who can access your location easily. When you permit staff to work from home, however, they can do so from anywhere in the world. This gives you complete freedom in terms of who you hire and means you can attract top talent from anywhere in the globe.

Your business success depends on the work of your staff, so hiring the best people is critical for ongoing profitability.

By widening the scope of your recruitment searches with remote working, your company can reap the rewards of having an expert team on board. 

3. Fewer maintenance costs

As well as funding the cost of buying or renting a workspace, having your staff work on-site means you need to maintain the environment, your equipment, and any facilities you have access to.

In contrast, remote working means you only require very few maintenance services to keep your firm operational. 

When staff work from home, they may use their own equipment or you may choose to provide them with the kit they’ll need.

While IT support services are essential to maintain a functional and secure network, there is very little else you’ll need to focus on in terms of maintenance. In fact, a laptop and an internet connection are all most people will need to work from home. 

Managing Remote Teams

If you’ve introduced remote working in response to COVID-19 or if you’re considering hiring home workers, you may want to review the way you manage your staff.

Remote working can be extremely beneficial for staff and companies alike, but a more nuanced management approach may be required to maximize results.

By refining your approach, you can ensure that your staff have the support and guidance that they need to operate productively, effectively, and profitably. 

© New To HR