Advantages of Allowing Employees to Work from Home
Advantages
of Allowing Employees to Work from Home
The
advantages of working from home are very clear for employees like avoiding the
daily hustle-bustle of commuting and flexibility in working hours. However, the
advantages for employers are not so obvious and clear. It has been also
predicted that by 2030, 30-35% percent of the workforce will either be
freelance, outsourced or remote workers who will be working from home.
So now
the question is how you being an employer can get benefit from this approach
that gives your employees the liberty to work from home? Let us dig into a few
advantages of allowing employees to work from home.
A decrease in Employees’ Absenteeism: One of the major advantages that any
employer can reap out of giving work from home to employees is a remarkable
decrease in absenteeism. As you know the daily hustle-bustle of commuting
brings a lot of stress to employees and also consumes a lot of their time. It
directly impacts the health of your employees that eventually results in low
productivity at work and also causes absenteeism. But on the other sides, when
employees work from home they can easily avoid all such issues and can focus
more on their work.
Employee Retention: One of the biggest challenges that most
of the small business employers face is losing the employees. It is not an easy
task for small business employers to compete with large enterprises in terms of
giving high salaries and benefits. In such situations for any small business
employer giving work from home to employees can be advantageous as they are
giving their employees liberty of flexibility in working hours which they
crave. This approach enhances employee retention and employees also get
benefits to maintain a healthy work-life balance.
Enhanced Talent Acquisition: The process of talent acquisition gets
better and easy for organizations that tend to provide work from home to their
employees. The generation today when looking for a job also wishes to have
workplace flexibility. Numerous studies have shown that it is something that
they want and expect. Hence the approach of providing work from home to
employees entices young talent to join the organization. It also benefits
employers as they can hire workforce outside of normal commuting distance.
Lower Costs: Undoubtedly buying office spaces are expensive these
days. Even if you rent office space then it almost costs you an arm and a leg.
In such a scenario especially for small businesses and start-ups, it is a wise
step to allow their employees to work from home as it reduces the amount of
office space they need.
Allowing
employees to work from home and embracing this approach does not mean you shut
down the office completely. However, providing work from home to employees with
the right planning and preparation is one of the most effective solutions that
can save you money and eventually bring you the desired return on that
investment you made. It also provides you with more engaged, productive and
happy employees.
#WorkfromHome