Over the preceding years, virtual employment has become a popular choice for both employers and employees. Pressing technological need and the need to ensure safe social distancing enabled remote to become more accessible and affordable. A recent study of approximately 16,000 workers by Stanford University showed that the ability to work remotely actually improves productivity by 13%1.
The onset of the global pandemic has played a massive role in bringing about the emergence of new trends at a drastic speed. The resultant shift in working habits has brought about numerous benefits, among them increased productivity levels and job satisfaction. What follows is a list of the ways that remote work models have dramatically improved workplace environments, productivity levels, and overall performance.
Virtual employment has had a significant impact on productivity in the workplace. By eliminating the need for a physical office, employees are no longer restricted by the traditional workday; yhey have the flexibility to work when they are most productive, leading to higher output and a better quality of work.
Better Family to Work Balance
A predominant benefit of remote work is the emergence of a more approachable and manageable work/life balance. It enables workers to spend adequate time with their families. As most employers and employees agree, w worker who is empowered to budget for family time tends to be highly motivated and well adjusted, with a better overall outlook, greater focus, and more sustainable productivity.
Access to Talent from All Over the Globe
One of the main benefits of virtual employment is the ability to source talent from anywhere in the world. This has led to the rise of talent acquisition initiatives that focus on finding and hiring the best candidates for virtual roles.
In leveraging online recruitment tools and platforms, employers are able to identify highly skilled individuals otherwise inaccessible through traditional recruitment methods. This, in turn, leads to a more diverse and talented workforce that can help increase productivity and drive innovation.
Moreover, by offloading work to remote resources, employers can drastically save on office costs and fixed utility bills.
Job Satisfaction and Employee Morales
In addition to increased productivity, virtual employment has also had a positive impact on job satisfaction. Employees who work from home or any other remote location have reported higher levels of job satisfaction and a reduction of overall anxiety and stress. They are not bound by the rigid structure of an office environment, which allows for more flexibility and greater autonomy in scheduling.
Improved Performance and Efficiency
Continued employee engagement, in conjunction with the capacity for remote work, is the biggest single factor determining overall employee retention and performance. Even in a remote workspace, it is critical to maintain connection by conducting regular performance appraisal checks and touch-bases. Allowing people to work on their own terms ensures that employees remain motivated and engaged; upholding the tenets of the performance appraisal processes ensures that workplace policy and company business remain a top priority for all, even when apart.
If your approach to engaging and managing employees is employee-centric, it is highly likely that said employees will feel a greater sense of loyalty to the organization. Additionally, the twofold impact of keeping them satisfied and testing their abilities is that you are promoting a blend of wellness and competition.
In the final analysis, remote work, flexibility, and virtual employment go a long way toward keeping employees happy and encouraging them to remain loyal over the long term.