With COVID-19 rapidly spreading in the United States, more companies are choosing to allow their employees to work from home. Of course, this comes with concerns – “Will they miss deadlines? Will they not be able to prioritize in their own environment? Will they slack off?”
According to a study by Stanford University, performance and productivity is improved by 13% when working from home. With numbers like these, it’s comforting to know during uncertain times, employees will still maintain (if not increase) their productivity if asked to work from home. There are many benefits, outside of productivity, of letting your employees work remotely.
5 Advantages of Your Employees Working Remotely
1. MORALE BOOSTER
Flexible options to work from home can be a major benefit to your employees. And its easier than ever to help them to stay connected and be included. Not only is it keeping them healthy, but its keeping them happy. Studies show, happy employees are 20% more productive and sales can expect to increase by around 37%. That sounds like a win-win to me!
2. LESS OVERHEAD
Generally, if a majority of your employees are working from home, you reduce the cost of extra office supplies, calls on your phones, and less power consumption among other things.
3. COMPANY LOYALTY
The Stanford study also states employees that were given the ability to work from home were 50% less likely to resign. Turnover can be expensive in itself, and the cost to interview, hire, and onboard new talent can be expensive. If you can keep your employees happy, they will be loyal.
Working from home can have some health benefits too – both for you and the rest of your employees. The spread of germs and contagious diseases (we see you Influenza and COVID-19) are dramatically decreased when your employees aren’t coming into the office. And you know what else that means? Less sick days.
5. LESS TIME COMMUTING
Your employees are more likely to be on time to start their day (no traffic jams if you’re not commuting into an office) and will enjoy the fact that they save money on gas or public transportation. Time is money, as they say. The environmental impact of using less gas, reducing carbon emissions, and pollution can contribute to your company reducing it’s carbon footprint.