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For the past five years several U.S. and Canadian cities have been riding the wave of technology, attracting software companies and creating hundreds of tech jobs, resulting in sky-high commercial rental prices. This is leading to a mass migration of companies to smaller centres, partly in an effort to reduce overhead costs.

But what if your clients are city-based, and moving out to the boonies isn’t an option for you? Remote working could be the solution, not only for the company but for your employees, too.

Small Town or Rural Company? This Works for You Too

You can apply this same strategy only in reverse. Attract big city talent to work for you. They may want to stay in the metro area or be able to relocate to a suburb but can’t handle the commute.

Give these “hamsters on a wheel” the option to improve their lifestyle and let them improve your bottom line.

The Shift to Telecommuting

From an employee viewpoint, “telecommuting” is becoming widely accepted, especially among Millennials. Statistics show 84 percent of younger demographics want a better work/life balance than their parents had, and remote working makes this possible. So much so, 35 percent are ready to drop out of the traditional office environment to enter the gig economy, if the right opportunity comes their way.

Interestingly, only 12 percent of companies are currently enabling telecommuting.

For anyone wanting to hold on to or attract top talent today, ignoring telecommuting isn’t the way to do it.

For anyone wanting to hold on to or attract top talent today, ignoring telecommuting isn’t the way to do it.

Benefits to the Bottom Line

Aside from the obvious advantages of cutting costs, there are additional benefits of telework for both your company and your region:

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  1. Shorter or no work commute means fewer cars (and car accidents), less traffic congestion and road rage, and reduced emissions and air pollution.
  2. No commute results in less stress for your workers and more quality time for them to spend either working, at leisure, or with their families.
  3. Increased productivity, because remote workers typically take fewer breaks, work longer hours, and have fewer distractions.

Research shows remote workers firmly believe they are more productive, with home workers scoring their productivity a 7.7 out of 10.

Employees working in open-plan offices, by comparison, only rated their productivity at 6.5 out of 10 on average.

  1. Salvaging of significant revenue that’s often lost to overhead, such as office rent, utilities, wi-fi, cleaning fees, equipment, and maintenance.
  2. A wider pool of candidates to hire from, since you’re no longer constrained by location.
  3. Reduction in office politics, interpersonal issues and conflicts, which leads to greater work satisfaction and retention of talent.

Companies that promote telework often score in the area of compensation, too, because employees no longer need to earn enough to cover their transportation costs, parking, lunch, or suitable workwear, so they may be ready to accept a slightly lower salary.

Revising Your Approach

So how can your business take advantage of this trend to cut costs successfully while retaining the best workers, staying city-based where the clients are, and still achieving the same levels of productivity? By revising your thinking on remote work, that’s how. Often, disproportionate attention is given to how employees may exploit a telework situation, rather than to how the company can benefit.

Start by identifying jobs that can be done remotely. Change your focus from the people in the jobs to the work itself.

It’s incorrect to assume that teams are always more engaged in a physical office environment.

It’s incorrect to assume that teams are always more engaged in a physical office environment. Just because you think Pete might not be great at working from home in his PJs (have you seen his PJs?!) doesn’t mean his job can’t be an ideal opportunity for someone.

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Even in companies where teams spend countless hours in meetings, it’s often possible to migrate those meetings to online spaces such as Zoom, Uber Conference, or any of the other many platforms available. And between VOIP, phone, instant chat, email messaging, VPNs (virtual private networks), and tools like Slack or Asana, there’s very little that can’t take place between people located anywhere around the globe.

Making Telework Happen

In many companies, the shift to remote working happens almost without thought.

Employees gradually begin working from home, and over time the need to be physically present becomes less and less.
Eventually, staff turnover leads to revisiting the requirements for new recruits, and management becomes aware that the scope could be wider than before. Making a concerted effort to change your model can bring tremendous rewards, if you follow these steps for making it happen.

is 637506644 salesman work from homeSet a realistic timeframe in which to realize your goal. Strategize how you’re going to achieve it and plan the actions and milestones of the process. If the whole idea feels overwhelmingly complex, a business coach can help you plot it out in such way that it doesn’t become your most stressful year ever.

Get rid of those lingering managerial fears that your staff can’t perform duties without direct physical supervision and you’ll make telecommuting work successfully for your business.

The workplace and how we manage our resources is always changing. We do not manage people today the same as we did in 1919.

The workplace and how we manage our resources is always changing. We do not manage people today the same as we did in 1919.

Get ahead of the curve, technology and motivational imperatives present major opportunities today. Implementing telecommuting might be the easiest and least expensive way to get a major productivity jump.

Resources:

http://www.yourcoffeebreak.co.uk/career-guide/26338775781/benefits-remote-working-employees-employers/