There's no denying that remote work is making waves in the world of HR. Five years ago, remote work was viewed as a fringe trend that only small businesses and tech startups utilized. These days, however, remote workers are starting to become a part of the basic structure of hiring. In fact, 5% of technology giant IBM's workforce is already remote and if you look at the data, that number is bound to grow quickly over the next decade. Here's why.
1. There's Less Stigma About Remote Teams
Ten years ago, many people would have viewed "outsourcing" and "remote work" as the same thing. Given that outsourcing has been negatively associated with being bad for domestic economies, many companies viewed any type of work that wasn't done in-house as being less than ideal. But with a stronger gender ratio in the workforce, and technology allowing workers to stay connected outside of the office through mobile devices, working remotely just makes more logistical sense. And while full-time remote work is still a relatively small percentage of overall workers, approximately 25% already participates in some type of remote work at least part-time. Those growing ranks of remote workers have helped lessen the stigma previously associated with remote teams and made remote work more socially acceptable within large companies.
2. The Rise of White Collar Jobs
A recent study from Global Workplace Analytics found that in the U.S., 50% of workers already have a job that's compatible with at least some remote work capabilities. This is largely due to the fact that technology has automated a large section of blue collar jobs - think assembly line positions and manufacturing jobs. White collar jobs rely heavily on computers and are more administrative in nature, and with remote capabilities, many of them are easily performed in any location where there's a computer and a reliable internet connection.
3. Large Established Companies are Getting on Board
Remote work has caught on with Fortune 500s. Xerox, Dell, and Aetna are all companies that are already taking advantage of the benefits of remote workforces these days. Even more than that, all of those companies have large groups of remote teams and employ strong remote policies to give employees more flexibility and provide additional benefits for the company. According to Global Workplace Analytics, regular work-at-home setups (by non self-employed workers) have grown 103% since 2005. There's probably no one single thing that can further help boost the increase in remote workforces than having the credibility of giant corporations backing the remote trend.
4. Remote Work is Beneficial to Employees' Productivity
There's still this lingering idea that allowing workers to work remotely or implementing remote teams opens up the floodgates for employees to be lazy, miss deadlines, and slack off. That actually couldn't be further from the truth, and the numbers do a pretty solid job of backing that up. A whopping 86% of companies that implement some type of flexible work option actually see an increase in productivity from their remote employees. Combine that increase in productivity with the cost savings of remote workers, and it's obvious that companies can reap strong financial benefits from remote work teams.
5. It Opens Up a Huge Talent Pool to Employers
Technology has pushed the workforce forward in a relatively short period of time. But with an increasing change in the types of positions that companies need to fill, there comes an increasing need for highly specialized skill sets that aren't always easy to find locally. Depending on the geographic area of a company and the local university system, finding a candidate that can meet company requirements can be all but impossible. One of the real strong points of remote work is the ability for companies to open up the talent pool to candidates across the world. When you expand your candidate search to potential empoyees across the country - or even the world - you have the option of choosing a candidate who has the ideal experience and skill set that you need.
Online capabilities and connectivity have brought flexible workforcs to the forefront of the recruitment industry. IT and software development companies now have access to global talent pools of highly qualified potential candidates. Global hires offset costs and lets you take advantage of top international talent - if it’s done properly.
Full-time remote employees provide better, more cost-effective solutions for businesses. DistantJob places the world’s best candidates in top U.S. companies. We provide sought-after candidates to grow with the business. Contact us at 888-886-7343 to discover how.