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4 Reasons Remote Work is a No-Brainer for Your Business
More and more companies are embracing the remote work model – and with good reason. There are lots of benefits for businesses that choose to allow their employees to work from home, even just some of the time. As remote work becomes more and more accepted, employees are starting to expect and even demand at least a little flexibility in their work environment. While this might sound scary, and while there are definitely things you need to do a little bit differently to manage a remote team, here are four reasons why you can’t afford not to consider this option.
The first thing you’ll notice when you start transitioning employees to a remote work setup is that your office-related expenses will start dropping. You’ll find yourself spending far less on everything from paper clips to snacks for the breakroom, and eventually you might even be able to move your remaining non-remote team to a smaller office. Are you able to move your entire team into remote arrangements? Guess what – you just cut office space rental out of your budget entirely.
It sounds counterintuitive, but remote employees are actually more productive than their office-bound counterparts. Employers often worry about three key distractions in an employee’s home: the bed, the TV, and the fridge. It turns out that these worries are mostly unfounded. Remote employees are more focused and productive than office workers, plus they use their breaks to fold a load of laundry or tidy up rather than just wandering around the office. This leads to less housework to do outside of business hours and a happier, more productive employee. The cherry on top of the productivity sundae is commuting, or lack thereof. Think of all the hours your employees will save if they no longer have to drive back and forth to the office! While they’re not likely to give every minute of those hours back to you as work time, they’ll use them to work out, relax, spend time with family, or even sleep – all things that result in a better work-life balance.
More Hiring Options
With remote work, you’re no longer bound by your geographic area. See a hotshot application come in from three states away? No sweat – with remote work they can effortlessly join your team and make an impact wherever they are. While you can make an argument for wanting to keep all employees in the same time zone for ease of scheduling, that’s by no means a necessity. There are so many tools available today to smooth that out that’s it’s kind of cheating to use time zones as an excuse to not hire remote.
Better Relationships with Employees
Like we mentioned at the beginning of this post, remote work (at least some of the time) is becoming an important perk in compensation packages across the United States. Your employees don’t need to be physically in front of you every day to do their jobs, and businesses are starting to reward productivity more than just being there. Your employees are busy – really, really busy. They want the freedom to be able to balance their personal and professional goals in ways that make sense to them, and remote work is one way to achieve that.
Is Remote Work Right for Me?
We’ll be the first to admit that remote work isn’t right for every business or every department – the entire operations department at 360 Payments works onsite every day to allow us to best serve our customers and address their concerns. But we also have sales representatives who come to the office once or twice a month and a marketing manager who lives two time zones away. The key is finding what works for you.
Speaking of things that work, if you’re thinking of switching to a new credit card processor we’d love to throw our hat in the ring. We do things differently at 360 Payments – give us a call at 408-295-8360 or drop us a line on our website to learn more. We can’t wait to have you join our family.
PS – Artificial intelligence is already changing our world. Here’s how.
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