Call it working from home, virtual work, remote work, telecommuting, or telework — call it what you will. People are getting stuff done outside the office. They like it. Their bosses like it. It’s growing quickly all over the world.
Remote work gives people a more flexible work life, with less driving (and better gas mileage). It gives companies a happier and more productive staff. And it gives businesses and IT admins a colossal opportunity to save money and move their business forward faster — if they’re up for the challenge.
Here’s every fact you need to know, every question you need to ask, and every resource you need to use when you — or your organization — makes the switch to remote work.
Remote Work Facts (with the Stats to Back it Up)
- Remote work is on the rise. Since 2005, telecommuting and remote workers have steadily increased around the globe, with Global Workplace Analysts reporting a 173% increase in non-self-employed telecommuters from 2005 to 2018. In fact, an IWG poll of 18,000 business professionals around the world found that 70% of them telecommuted at least once a week.
- Remote work saves money. Financial perks apply to both the business and the worker. Global Workplace Analysts estimates the typical business saves $11,000 a year per half-time telecommuter. The average telecommuter could save $2,000-7,000 annually on transportation and other expenses.
- Remote working may increase productivity. Workers tend to be 11-20% more productive when they get to tackle creative projects remotely. When they’re doing repetitive work, they tend to be 6-10% less productive, according to Inc. Ultimately, the results depend on good management, accountable employees, and the right IT tools.
- Remote work introduces security risks. 6% of employees admitted to transferring files between work and personal computers when working from home, according to Cisco. Nearly 70% of those surveyed said they did not think about being overheard when speaking about company information in public spaces.
- Employees prefer it. People like choosing their work environment so much, 37% of technology professionals would even take a 10% pay cut if they could (Read more…)