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Why remote work is worth a try - let's talk about statistics

In our past articles, we showed you why hybrid work is one of the most important things to look at for modern employee-oriented companies and how to tackle possible challenges when implementing it.


Maybe you read these articles to get a glimpse into all the possibilities and options which hybrid work offers, or maybe your company already has hybrid work options, and you got confirmed why that was the right decision. While hybrid models have their perks and often offer the best of both worlds - working on-site and remote - some companies chose an even more flexible way of working: fully remote.


So, why should you choose a concept that seems complicated regarding teamwork and culture? The answer lies in statistics* which show why 16% of the companies globally are working 100% remotely.




1. General remote work statistics

  • The number of people working only from home has risen by +159% since 2019.

  • Even if remote work is often associated with jobs in technology - surprisingly - the highest number of remote workers is working in healthcare.

  • 73% of all teams in surveyed companies are expected to have remote workers by 2028.

  • 44% of companies do not allow remote work at all at the moment.


2. Benefits of remote work

  • 77% of remote workers claim to be more productive when working from home. 75% of the respondents like to work remotely due to fewer distractions.

  • 69% of millennials would be willing to give up other benefits for a more flexible workplace.

  • The main reason for choosing remote work is a better work-life-balance.

  • Remote work saves commuting time and is more sustainable and environmentally friendly, as it requires fewer cars or other transportation and smaller or no office buildings.


3. Remote work and money

  • US remote workers save around $7.000 per year due to reduced costs in childcare, food and transportation.

  • The average annual income of US remote workers is about $4.000 higher than that of other workers.

  • Companies allowing remote work report an average increase of profit per remote worker by $2.000.


4. Recruiting and retention

  • Small businesses are twice as likely to hire fully remote employees.

  • 64% of recruiters surveyed state that the option to work from home helps to attract and retain highly skilled employees.

  • 74% of the workers surveyed indicate that remote work options will reduce their desire to leave a company. In 2017, there was a 50% decrease in terminations at companies that allowed remote work.


All these points show that allowing remote work offers a wide range of benefits. More productivity and lesser costs are just two of them to name.


 

Do you want to learn more about your options regarding remote work models? Do you need support planning and implementing them, and do you want to measure the impacts? Fell free to contact us for a non-binding meeting to discuss your ideas and challenges regarding remote work.


 

Source:

*https://findstack.com/resources/remote-work-statistics/

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