What is Remote and Flexible Working?
The standard 9-5 office jobs are being challenged.
More companies are offering the option of flexible and remote working by allowing their employees to work where, when and how they want. Flexible and remote working comes with many benefits from money savings to giving workers a better work-life balance.
Below are the four top advantages of introducing flexible working into a business and workplace:
Work-life Balance
People have commitments outside work and people’s circumstances can alter. Employees may leave a company due to moving away, starting a family or wanting to change their lifestyle routine.
Flexible working allows workers to have a greater work-life balance and therefore have more ability to manage their private and professional life’s. Employees are less likely be forced to leave a company through the offering of remote and flexible working, despite the changes happening outside their workplace.
Improves Employee Retention and Turn Over
Smaller companies are in constant competition with larger cooperate ones, especially when it comes to workers’ salaries and employee benefits.
Smaller companies should therefore use their size to their advantage, by allowing employees more flexibility and freedom. Larger companies promote people working altogether from their desks, to wear smart clothing, be in at a certain time and to regularly attend meetings. Employees often feel pressured to abide by these rules, however with flexible working, smaller companies are often able to offer a more relaxed and freer working environment for employees.
With the freedom smaller companies can provide, people may leave larger cooperation’s in order to peruse the advantages that comes with a smaller business.
Money Savings
‘If you rent office space then you can claim some of the costs back as part of your capital allowance, but it’s still likely to be one of the biggest fixed costs your business will have. ‘ – Recruit Loop.
Building a company on remote workers or allowing employees to hot desk for periods of time, certainly saves companies a great deal of money and the space needed. It also allows companies to hire more free-lancers for certain jobs that may take shorter periods of time –roles that will not need a full-time employee.
Access To a Wider Pool of Applicants
A remote workforce makes it possible for employers to tap into a larger pool of talent when seeking new job candidates.
Small businesses are able to widen their nets and work with experienced individuals, regardless of where they are situated. The opportunity to find employment and allow as many people to put their skills to work as possible – despite where they live – is beneficial for everyone.
‘Giving employees the ability to work remotely allows companies to hire outside of normal commuting distance. This can be particularly beneficial for companies situated in remote locations or professions with skills shortages.’ – Recruitment Loop.
To discover how SuccessFactors can aid your company in launching flexiable and remote working, click below: