Work From Home Benefits

Working from home offers numerous benefits to both employers and employees.. Here are some work-from-home advantages for both employees and employers:

1. Better Work-Life Balance

Working from home could provide more flexibility for the employee to manage their work hours. This allows individuals to create a schedule that aligns with their personal needs and professional commitments. The flexibility enables employees to integrate their work responsibilities with their personal lives. When employees work from home, they no longer have to spend hours driving in traffic, which directly saves them a lot of time that they can in turn use to spend with their friends, and family, or just to do things that they like, leading to an overall enhancement in work-life balance.

2. Boost in Efficiency

Employees feel more optimistic and productive when they have the opportunity to design their work schedule and environment. Furthermore, with fewer breaks and disturbances from coworkers, work-from-home employees are more productive than their in-office counterparts. Research has shown that 78% of employees think that hybrid and remote working has enhanced their productivity and the launch of a hybrid work model helped businesses increase performance by 22%.

3. Expense Reduction

When fewer employees come to the office than usual, organizations need less equipment and desk space to accommodate employees, leading to less infrastructure and rental costs. Organizations can save up to 2000 USD per employee by reducing office space and infrastructure needs. Working from home is beneficial to the employees as they can save money; no morning commute means no travel costs every day for coming to the office. Employees do not have to pay high rent costs to stay close to the office, resulting in more savings.

4. Attract and Keep Global Talent

Retaining global talent becomes easier when a work-from-home perk is given to employees. In a survey conducted, 83% of employees confirmed that working from home would be a big deciding factor in choosing their job. 73% of the employees were ready to switch from their current jobs, even at the same salary, if they were offered a job from home. Allowing employees to work from home makes it easier for companies to hire and retain global talent without location limits.

5. Positive Employee Experience

Working from home improves the overall employee experience inside the organization by providing greater flexibility, eliminating daily hassle in commute traffic, and promoting better work-life balance. As a result, a high-performance business culture emerges, in which workers strive to give their all and constantly grow at work.

Before 2020, a question arose in knowledge-based organizations about whether digital connectivity had advanced so much that everyone needed to be together at the office to do their work. We got the answer during the lockdown, where we came to know that many people didn’t need to be with their colleagues onsite to do their jobs. Individuals, teams, and the workforce can work well even in a distributed format. Now we are facing the question of whether remote or major remote work from home is here to stay.

The work-from-home model offers many benefits to companies and their employees. The organizations can reduce or eliminate their real estate costs, hire and use talent globally without immigrant issues, and enjoy productivity gains. Workers also get geographic flexibility and eliminate commutes, leading to better work-life balance. Companies have some worries regarding communication, brainstorming, problem-solving, socialization, friendship, and data security in a work-from-home setup. To understand how you can capture the upside of working from home, this article could guide you.