The trends and expectations of remote work have changed since the first quarter of 2020. Many employers weren’t ready for their entire workforce to work from home, but thanks to technology and innovation, many are finding how to do it right.
As more and more employers embrace flexible schedules for their remote teams, new working from home statistics and more remote work options are emerging worldwide.
How many people work from home? Are employees more productive when they work remotely? See what the remote work statistics and trends tell us about remote work.
Remote Work Advantages for at Home Employees
- Spend less time commuting
- Increased autonomy
- Improved work-life balance
- A higher level of productivity
- A greater sense of motivation
- Reduction in staff turnover
- Reduction in office space requirements
- Flexibility and freedom
Earnings Statistics for Employees
1. Remote workers save $4,000 more per year than other workers
Remote workers have the added benefit of saving more money than traditional workers, in addition to the productivity and work-life balance benefits. This statistic is probably influenced by the fact that many remote workers hold high-ranking positions within their companies, which is probably why many work remotely. Despite this, working remotely can be a very lucrative job.
Are you a remote programmer? Check out these global salary trends for web developers in 2022.
2. The cost of transportation, food, and childcare is reduced by around $7,000 for remote workers
Remote workers can also save more because they don’t have to pay for gas or public transportation, they don’t have to eat out for lunch every day, and they can take care of their kids once they return from school.
3. Remote work can save almost $2,000 per remote worker for companies that allow it
Working from home stats show that remote work doesn’t just benefit the employees financially – it can also save the employers a great deal of money. A company with fewer in-office employees pays less rent, bills, supplies, travel reimbursements, repair and maintenance costs, and so on.
Remote Work for Companies – Stats on Recruitment and Retention
1. Full-time remote workers are 2x more likely to be hired by small businesses
By now, it’s obvious that adopting a work-from-home policy can save businesses a lot of money, which explains why small businesses are more open to hiring full-time remote workers. They can then allocate more funds for other operations, such as advertising and marketing, so they can grow into a larger corporation not only to survive but also to thrive.
2. 85% of managers believe that remote workers will become the norm
Despite some managers’ skepticism about remote work and its benefits, most (6 out of 7) think hybrid teams made up of remote and in-office employees will become the norm in the future.
3. According to 64% of recruiters, the ability to pitch a work-from-home policy helps them find high-quality candidates
Given that many candidates are looking for companies that provide some freedom and flexibility, it comes as no surprise that more than half of recruiters find it easier to find top talent when they can advertise it as partially or fully remote.
4. Working remotely would make 74% of workers less likely to leave their current employer
Remote working allows a number of benefits to employees. They can set their own schedule, give time to their families, and avoid long hours of commute. This often leads to better productivity as well as satisfaction making them less likely to leave as evidenced by this statistic as well.
One common remote work concern employers have is about identifying and managing conflicts. However, with the right approach, it is not difficult. Here is a quick guide to handling virtual conflict in your team.
5. 41% of workers worldwide are considering giving their notice
A majority of 18 to 25-year-old workers are considering quitting their jobs. But, those aren’t the only ones considering quitting.
A Microsoft survey discovered that 54% of Generation Z workers are considering resigning, while 41% of the global workforce may do the same.
Remote Jobs Statistics on Telecommuting – Stats on Remote Job Offers
1. Traveling to work saves part-time telecommuters 11 days a year
Telecommuting statistics show that travel time alone saves 11 days per year for those who only do half their work remotely. Instead of sitting in traffic, they can be productive around the house during this time. As a result, stress is reduced and workers’ general health is improved.
2. The average income of telecommuters is $4,000 higher than that of other workers
The statistics on telecommuting could be explained by the fact that employees usually have to earn their right to work remotely. We would expect them to have more experience and, therefore, a higher salary. As a result, it could inspire others to strive for a flexible future.
3. Employees saved employers a total of $44 billion by telecommuting
In addition to helping employees argue for their right to work from home, it may also benefit employers. Companies saved $44 billion by letting their employees work remotely. According to these statistics, each employer saves an average of $11,000 by working from home. Due to the absence of working space or other costs like commuting, hardware, electricity, and internet bills, they could save money.
4. Currently, telecommuters reduce greenhouse gas emissions by as much as 600,000 cars
The benefits of remote work extend not only to employees and employers but also to the environment. The amount of pollution produced by employees who work from home is dramatically reduced because they don’t commute every day. We would reduce in harmful gases equal to that produced by 10 million cars a year if we included workers who would like to telecommute but are unable to do so currently.
Remote Work Productivity Statistics
1. Working from home is more productive for 77% of remote workers
Many people believe telecommuting equals low productivity because they don’t have a boss or team leader supervising their work. This couldn’t be further from the truth, since 77% of people get more work done at home.
2. 75% of people prefer remote work due to fewer distractions
As with the previous statistic, this one also relates to remote work. Working from home eliminates the most distracting factor in an office: loud colleagues. This ultimately leads to the higher productivity levels we discussed earlier.
Work from Home Challenges
1. Unplugging after work (22%), loneliness (19%), and communication (17%) are three of the biggest challenges of remote work.
It isn’t all roses when you work remotely, and for many people, the biggest challenge is being able to unplug from work once their working hours are over. Additionally, many remote workers face the problem of loneliness and the difficulty of communicating and collaborating with coworkers when they work alone.
2. Only 70% of remote workers receive regular training from their companies
87% of remote workers receive training regularly, with 70% receiving it directly from their employers. Those who want additional training but their company does not provide it can find online courses on the web and pay for them.
3. Remote workers are more vulnerable to have security risks than traditional employees
Remote workers are always vulnerable to cyber-attacks because they rely on technology and the internet to do their jobs. Therefore, remote team managers must provide training on cyber-security as well as ensure that remote employees have the necessary tools and software such as a VPN to protect their laptops.
Work from Home Trends for 2022
Some remote work trends for 2022 and beyond include:
1. A growing number of digital nomads
Working from home is a huge perk for remote workers, who don’t like traveling much for work. The number of remote workers who choose to work from remote locations other than their homes is expected to increase in 2022. Hotel and Airbnb-like rental venues will then benefit from this trend.
2. Less spending, more saving
When working from home in the past two years, we realized that travel, food, and coffee expenses were areas where we could save the most. Petrol, road tolls, and public transport fares were eliminated, resulting in the biggest savings.
3. A more actualized workplace
Technology will play an increasingly important role in working from home in the future. Businesses will implement new systems and technologies to improve communication and employee engagement, improve cybersecurity, and track employee productivity.
4. A re-evaluation of employee benefits
It won’t be long before employers realize that a ping pong table in the office isn’t quite cutting it when trying to attract new talent and retain existing employees.
5. Focus on health and wellness at home
Even though the temptation to go out for lunch will still be present, you will not succumb to it as easily. At home, you can enjoy the healthy options that you have already purchased as part of your household grocery shopping.
The Present and Future are Remote!
Based on these work-from-home facts, remote working is here to stay, regardless of how employers feel about it. However, there will always be individuals who prefer to work from their offices.
Therefore, it is necessary to develop new strategies for remote or hybrid workforce as well as new tools to accommodate remote teams and adapt to this new shift.
To become as effective as possible, companies must find the right balance between in-office and remote workforces. By providing flexible work arrangements and workplace flexibility to your workers, you will be able to compete more effectively with other employers.