Who has the Remote Control?
Many businesses in Ireland have come to realise that remote working has the potential to solve a lot of problems with work-life balance, employee retention, and productivity. But it is also a way to reduce many negative impacts on the environment, and to create a more sustainable way to work. These bigger pictures are what may bring about a greater uptake of remote working policies.
We have broken down a number of statistics below to highlight the benefits of remote working.
As an employer it can be a confusing junction. You’d like to keep your team happy, but you also don’t want to risk losing productivity. As a company who supports Remote-Working, currently about 20% of our staff do not work from our HQ and we endorse the use of remote-working solutions within our departments.
As a country looking to build a more sustainable capital city, one which services its growing population and also those commuting to it, we believe that a large-scale remote-working policy change will improve the lives of thousands of people in a very short period of time.
The climate | A Sustainable Dublin
Many can see that the business case for working remotely is strong, but our own planet has an even stronger argument to make. There was a time when being in the same building, at the same time was the only way people could work together and get their business done. Nowadays the makeup of the workplace and also the communications tools available to us have aided this new change. Less large open plans officespaces would mean less congestion in the city, a reduction in rental costs and a housing culture that was easier to manage, reducing the likelihood of another ‘boom/bust’ scenario.
When team members work remotely, they also spend less time each week on local roads and highways as their daily commute is eliminated. This means they’re often happier, less likely to quit their jobs, and likely spending more time focused on their work as the long hours spent getting to and from work become a thing of the past. Fewer cars on roads and motorways mean shorter commute times for those who have no choice but to drive to work, and—very importantly—less pollutants in the air.
Should we allow remote working for our employees? Is it really cost-effective? Does it have an effect on productivity?
1. Remote work can lead to “astonishing” productivity.
These are not our words, but are the result of a significant study into productivity. Evidence arising from a two year study by Stanford University showed a significant increase in productivity among those who worked from home versus those who attended a 9-5 office job. The improvement in ‘at work’ time compared to travel and commuting delays can add almost a full days work at the end of the week.
2. It increases employee retention.
The labour market in Ireland is saturated with talented, ambitious people. The workforce is changing, people want flexibility and a better work-life balance. This was echoed in that same study by Stanford which showed a 50% lower employee churn rate of remote workers when compared to those contracted to work in an office. Offering employees the freedom to work from where they liked or lived was considered a very positive step for all parties.
3. It decreases sick days and employee time off.
Statistics are beginning to show that remote workers take time off work due to illness less than those who work in an office. But the upside for home workers is that they may be less likely to become sick in the first place, since they’re not exposed to germs from a shared office space.
4. It helps increase workforce diversity.
If you’re looking to improve your company’s diversity, building a strong remote team can help you meet your goals. The talent pool for remote workers is now global so the opportunities are exponentially greater to find talented workers who vary in gender and gender identity, race, ethnicity, abilities, and geographic location.
5. It reduces costs for workers.
Remote workers can save about €6,500 a year on average, according to remote worker stats from TECLA. The bulk of those savings comes from reducing or eliminating the cost of travel and commuting, food, clothing, and child care costs, although we will note that here in Ireland this doesn’t take into account the initial free childcare years.
6. It reduces stress.
Figures from OWLLabs in 2019 show that people who work from home at least once a month are 24% more likely to report feeling happier and more productive at their jobs. Factors like no commute and greater control over work environment and schedule play big roles in helping remote workers feel less stressed about their jobs. This has a profound effect on mental health.
7. It benefits the environment.
This may be a point that you may not think of when you think of remote working. The environmental impact of remote working has been well-documented, from decreasing greenhouse gas emissions due to less commuting, to improving air quality, especially in urban areas.
For more information on remote-working for enterprises and what solutions are available, please contact an member of the business development team who will be happy to take you through the product, services and tailored solutons we offer to businesses and enterprises across reland.