Your employees directly impact your profitability. If you have dedicated, hard-working, loyal employees, you’ll do better than a business with lazy, uncommitted workers. How do you get hard-working, loyal employees? Start allowing employees to work remotely, at least once a week.
Remote employees are happier than onsite employees
Countless studies have shown that remote employees are happier than onsite employees who never get to work from home. People want the freedom and flexibility to work remotely. If you haven’t yet granted your workforce this flexibility, now is the time.
The flexibility of remote work creates strong company loyalty
Remote workers are 22% happier than onsite employees according to survey results published by Business Insider. The survey, conducted by Owl Labs, also found that flexibility produced stronger company loyalty.
For instance, compared to onsite workers, 13% more remote workers said they would stay in their current position for the next five years. The most interesting statistic from the survey revealed that remote workers are 43% more willing to work over 40 hours per week.
The Owl Labs survey, plus many other studies, are proof that remote work is part of the equation for happy, loyal, hard-working, long-term employees.
Remote work should be a standard benefit
Benefits are no longer limited to health insurance and a 401(k) plan. Today’s workers want benefits that create a work-life balance and provide more freedom. You might already offer benefits like gym memberships, a fully stocked kitchen, and movie tickets. These are great, but your team wants and deserves more freedom.
Offer your employees the option to work from home as a benefit. If you’ve never managed remote workers, you’ll probably find it relatively easy. Employees paid by the hour can clock in and out online, or you can just pay them for their usual work hours on the honor system. That’s not a bad idea, considering Gallup’s State of the American Workplace report says remote workers are 25% more productive at home than when they’re stuck in an office.
You can also get addons for Google’s G Suite, like Happeo, to streamline company communications and foster teamwork and connection between remote workers.
Employee loyalty must be earned
Your employees are being paid to do a job, but you can’t expect them to be loyal for no reason. They could just as easily start working for your competition for about the same pay. To generate loyalty, you need to provide a reason for employees to be loyal.
You can start by paying high-performing employees a generous salary, but money alone won’t generate deep loyalty. You need to prove to your team that you’re on their side and that their voice matters.
There are plenty of opportunities to earn your team’s trust through small, daily interactions. For instance, when a worker comes to you with a problem regarding a client or vendor, listen to your employee and take appropriate action.
When management brushes off an employee’s concerns, that employee feels unheard and will probably conclude that the company doesn’t care about solving problems. On the other hand, taking concerns seriously tells your workers that you care about things that affect them and you appreciate their insight. Workers who feel appreciated will develop loyalty to the company.
Remote workers benefit your company
If you’ve never had remote workers, you’re probably wondering how your business will benefit. According to seven experts from the Forbes Finance Council, you’ll get the following benefits:
· Lower costs. With fewer onsite employees, you’ll save plenty of overhead on office-related expenses. With a workforce consisting only of remote workers, you could save thousands each month by utilizing a smaller office space.
· Improved productivity. As discussed earlier, many remote workers are more productive than onsite employees.
· A leaner development team. Remote developers are often great at completing time-sensitive tasks because they can do it on their terms.
· More part-time workers. Full-time employees will cost you more than part-time employees. With remote work options, you’ll get plenty of part-timers.
· Access to more talent. When you allow remote work, you have access to a large pool of talent. You may find workers in another state or even another country who are the perfect match for your open positions.
Join the remote workforce revolution
We are seeing a true revolution in the world today with regard to remote work. More business is being conducted online than ever before, and businesses are being launched with 100% remote teams. If you haven’t offered remote work options to your employees yet, it’s time to make that change.