Benefits of remote working
Remote working introduced employees to the concept of being
productive even from the comforts of their homes. Where Covid 19
pandemic forced organizations to resort to it, to ensure business
continuity, it offered employees added benefits like flexibility. Thanks
to the new business model, employees didn’t have to fight with traffic
signal lights anymore. There were no more in-person longish official
meetings or brushing of shoulders in competitive environments as
well.
Undoubtedly, the biggest challenge faced by employees in India is the
time spent traveling to work. The workforce in India spends 7% of their
day traveling on average. In extreme cases, they may travel for two
hours or more to offices. And if they pick up a job in a city like
Banglore or Mumbai which is infamous for its chock-a-block traffic,
that’s a different ball game together. Their other concern is the
availability of jobs in Indian companies. As the number of engineers
graduating every year is way larger compared to the job vacancies
available in companies. So in such scenarios employees in India are
always on the lookout for job opportunities either remotely or outside
of their country. When these plights are addressed, they don’t only
bring in their skill and expertise, but a deep-rooted desire to contribute
to your company brand.
Taking advantage of this successful way of working, companies who
want to hire talent from places where the company does not have an
office have taken advantage of this work method. Globally EOR has
made this route available to many foreign companies. An International
PEO/ EOR(Employer of Record) understands that a good remote
team serves as the foundation for your business expansion plans to
India. Keeping this in mind, an EOR sources the right talent which will
extend your company’s brand value to another country as well.
Simultaneously ensuring the employee is given an ideal platform to
contribute to.
Through this read, we aim to run you through the benefits of remote
working for employees. Let’s read on to understand how remote
working helps employees boost their productivity, improves employee
retention, and offers an excellent work-life balance.
What is remote working?
In the past, most people traveled to their jobs. These days people like
to take their jobs with them wherever they travel. Remote working has
become synonymous with working from home or working from
anywhere. Basically, remote working would require an employee to
work from anywhere in the world except traditional offices or corporate
buildings. These workstations can include any coworking, private or
shared spaces, or even the comforts of their home.
Remote working has become the mainstream dream of many
employees around the world, especially after the Covid-19 pandemic.
Employees would willingly sign up for anything outside their traditional
working environments, as far as they’re backed up with a great
network, technology, and most importantly the flexibility to work from
anywhere and be able to collaborate with their teams virtually.
What are the benefits of remote collaboration?
Remote work improves retention
When employees feel valued or appreciated in an organization, they
are likely to refrain from absenteeism. Monday blues or midweek
blues will become a thing of the past. Employees won’t force
themselves to get out of their beds, but rather find a stimulus to work.
Not subjecting them to micro-management gives them an environment
to nurture and perform better. Ultimately, the work location flexibility
offered to employees will result in reduced employee turnover and
improved retention.
According to a report published by Buffer, 99% of employees would
opt for remote working for the rest of their professional tenures if given
the opportunity. Allowing employees to work remotely will make them
stay willingly in your company for longer.
Remote work boosts productivity
A survey conducted by the propriety tool happyness.me showcased
that 59% of corporates and people from India do not enjoy working in
their office spaces. The study suggests on organizations prioritize the
employees’ happiness quotient in order to thrive.
Prolonged in-person meetings or daily commuting drains the energy
levels of employees. Constantly adhering to lunch break timelines,
hopping on to untimely and unscheduled client calls, staying in the
office after work obligated to complete a task or to shoot an email.
When all these obligations are subtracted from their lives, it gives
them more room for better productivity. Remote work offers employees
flexibility and this works largely in their favor to deliver better.
Good work-life balance
The world is growing competitive with every passing day. In order to
stick into the rat race, every employee is expected to meet their
deliverables by going above and beyond expectations. This leads to
piling up their work stress and a desire for a better work-life balance.
Remote hiring simply takes all the irrelevant stress and promotes a
good work-life balance. Every employee especially in an Indian set up
wishes to spend quality time with their family after work hours. So
remote working provides them with an opportunity to have a personal
life after work.
Remunance’s way of engaging with remote working
There is a section of employees who see more benefits in working
from the office and they find remote working more bothersome. We, at
Remunance, step in as the legal employer for your remote employees
in India to strike a good balance. We undertake virtual employee
engagement activities, and their employee-related responsibilities, like
benefits, compliances, and taxes are checked. We provide complete
HR and office infrastructure to the employees. We keep a tab on the
changing HR policies and market trends and accordingly create a
convenient environment for your remote employees.
To know more about our International PEO and EOR (Employer of
Record services)
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