Due to the responsibilities of their positions, certain NJIT positions are not eligible for flex work. In a podcast, business magnate and philanthropist Bill Gates recently said that in the pre-pandemic business world, people worried that a client would be offended by a virtual meeting. But, in a post-pandemic world, people will have second thoughts about the necessity of physical meetings. As virtual meetings become a normal business event, the technology will also improve.

With anywhere from 13 to 27 million people working from home over the next several years, remote work stands to reduce commuting miles by 70 to 140 billion every year. Census Bureau, just 5.2% of employees in the United States worked from home full-time in 2019. On the contrary, a FlexJobs study found that the average remote, full-time worker earns more than those who don’t work remotely at all ($4,000 more). On the contrary, telecommuting was possible for particular industries, such as the tech industry or education. Not surprisingly, millennials are the most active users of emojis in the workplace. The most used emoji by Americans of all ages in work communications is the ‘thumbs up’ emoji (61%), followed by the ‘high five’ at 39%.

Advantages of remote work

Other advanced economies are not far behind; their workforces could dedicate 28 to 30 percent of the time to working remotely without losing productivity. Business owners have a wider choice of staff when selecting remote workers. Hires don’t have to be local and can https://remotemode.net/ be anywhere in the world, depending on time zones. This provides a greater opportunity to find staff with specialized skills, therefore saving on training. After weighing the pros and cons of remote work, many businesses may want employees to return to the office.

Companies that offer a flexible working arrangement, such as full, half, or partial remote work, could make the difference for a candidate selecting their next career move. According to an estimate in Forbes, in 2018, 50 percent of the U.S. workforce was projected to be remote; across the pond, Europe’s remote workers have grown from 7.7 percent to 9.8 percent in the past decade. Providing employees with the flexibility to work where and when they want cuts across all industries and company sizes.

Splashtop Business Access

And happy employees are productive and motivated which leads to better quality work. Working remotely can give employees the time and environment needed to make healthy choices. Just over half of respondents (51%) said that they are more productive working from https://remotemode.net/blog/how-remote-work-can-benefit-employees-and-companies/ home during the pandemic. When asked why, many cited fewer interruptions and quiet work environments (68% for both) as part of the reason for their increased productivity. Being able to create a comfortable home office is an excellent benefit of remote work.

As employees have gained experience working remotely during the pandemic, their confidence in their productivity has grown, with the number of people saying they worked more productively increasing by 45 percent from April to May. A McKinsey survey of office space managers conducted in May found that after the pandemic, they expect a 36 percent increase in worktime outside their offices, affecting main offices and satellite locations. This means companies will need less office space, and several are already planning to reduce real estate expenses. Moody’s Analytics predicts that the office vacancy rate in the United States will climb to 19.4 percent, compared to 16.8 percent at the end of 2019, and rise to 20.2 percent by the end of 2022. A survey of 248 US chief operating officers found that one-third plan to reduce office space in the coming years as leases expire. We estimate that between half and one-quarter of his job can be done remotely.

Mental Health Benefits

Some employees work from home a few days a month, some a few days a week and some full time—and the extent of a worker’s telecommuting can dictate his or her experience. Remote work makes some employees worry about career progression, and nearly 60% of managers feel remote work is robbing them of opportunities for informal leadership development, according to the Owl Labs survey. This is where remote team-building efforts and one-on-one discussions on career development are critical for the well-being of employees and the long-term growth of the organization. The nature and needs of both employees and the business will shape upcoming decisions about remote work. I expect that various forms of hybrid environments—with some employees in the office and others operating remotely—will become the new norm.