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The Benefits of Remote Work

Remote work here to stay!

With a large number of the population working remotely due to impacts of the pandemic, remote work has shown to increase employee productivity, lower operating costs and reduce the use of sick days. COVID-19 has shifted from traditional business office settings to home office environments; however, this has provided flexible working times as well as ensuring the safety of employees.

Forbes Magazine mentions, “Remote work is not going anywhere any time soon.” (2020). “Companies would be wise to prioritize the “remote work revolution” as a strategy to enhance their top objectives in this new decade.” With this in mind, there have been five proven benefits of remote work for companies.

Productivity – Remote workers are an average of 35 – 40 per cent more productive while working from home.

Performance – Remote work and location independence can produce results of 40 per cent in fewer quality defects.

Engagement – An increase in productivity and performance can be combined to create effective engagement, with a 41 per cent decrease in absenteeism.

Retention – 54 per cent of employees said they would switch job roles if another company provided more flexibility.

Profitability – Organizations will have savings of $11,000 per year per part-time remote worker, which is equivalent to a 21 per cent increase in profitability.

Many businesses have suggested they will continue to provide remote working accommodations for their employees, post-pandemic. Vernon can help you keep your business running smoothly by supporting all your rental needs, from installing a mobile office to aiding you with a virtual conference.

Talk to one of our rental experts today to find the right remote working solutions for you and your business.

For more information about the benefits of remote work, read this Forbes Magazine article.

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