20 Reasons Why Work from Home Will Be the New Normal
With the advancement of technology, it has become easier than ever before for businesses to get work done remotely as discussed over at runrex.com, and while the COVID-19 pandemic has led to people having to work from home, the following are 20 reasons why work from home will be the new normal even after the pandemic is over.
Helps businesses save money
One of the most obvious benefits of working remotely is that it eliminates the need for office space and the accompanying costs as articulated over at guttulus.com. Studies estimate that employers could save an average of $11,000 per half-time telecommuter per year, and at a company with 1,000 employees, that is an annual savings of roughly $11 million, which is a significant amount. Given the savings, businesses stand to make, work from home is likely to be the new normal.
Helps employees save money
Businesses and employers aren’t the only ones who stand to save money because of remote working, employees have also seen lots of savings as discussed over at runrex.com as they no longer have to spend money on transport and buying expensive takeaway lunch and professional clothes. More and more workers will push for remote opportunities as a result.
Businesses will have access to better talent
With remote working, businesses are no longer restricted by geographical locations when hiring employees and can, therefore, build the workforce of their dreams according to the gurus over at guttulus.com, which is another reason why work from home is likely to be the new normal.
Remote workers may be willing to work for less
Studies have shown that remote workers may be willing to work for less, which is something that will not have escaped employers out there who will provide more working from home opportunities to take advantage of this fact. People see working from home as a perk and are even willing to take a pay cut if it means that they will be allowed to work from home.
Companies are embracing remote working
Another reason why it seems like remote working will be the new normal is that we have seen companies and organizations around the world embrace remote working. Exerts have revealed that about 88% of organizations around the world encouraged or required employees to work from home.
Businesses think so
On top of that, as is captured in discussions on the same over at runrex.com, about 67% of the businesses mentioned in the previous point think that remote work is here to stay which shows that working from home is likely to be the new normal.
The work-from-home migration
As the subject matter experts over at guttulus.com point out, there has been a work-from-home migration, accelerated by the pandemic, with many companies announcing that they will continue with remote work indefinitely. They include Facebook, Zillow, Coinbase, Twitter, among others.
Americans are relocating because of remote work
Recent times have also seen millions of Americans relocate because of remote work. From discussions on the same over at runrex.com, between 14 million to 23 million Americans have done so, which is much as 12% of U.S. households. Migration rates may increase by 3 to 4 times in the near future, which means that working from home may end up being the new normal.
The affordability of housing
Housing has also become less affordable to many Americans, and many are choosing to move as a result. Experts point out that more than half of Americans who are relocating or moving are doing so in search of more affordable housing. This is another factor that means that working from home is likely here to stay.
Many people are moving out of range
While we are still on the topic of employees relocating and moving, it is also worth pointing out that most of them are moving beyond the range of a regular commute. With this is in mind, working from home is likely to be the new normal to cater to this development as companies will have to adapt if they are to retain their best talent.
Restricting of businesses to cater for empty offices
The pandemic has led to the majority of the workforce working from home. This has meant that offices have been abandoned and businesses have had to restructure, abandoning empty office leases. Because of this, the gurus over at guttulus.com point out that working from home is likely to be the new normal as most businesses have already restructured their operations.
Businesses consolidate to smaller spaces
Speaking of restructuring, with fewer employees working in the office, most businesses have had to consolidate to smaller spaces that make better financial sense for them as covered over at runrex.com. This means that even if things go back to normal, such businesses will still require a portion of their workforce to continue working remotely.
Businesses have relocated to lower-cost markets
The high overhead of running an office has led to businesses relocating to lower-cost markets and away from most of their employees, with an example being how many tech companies like Oracle, among others, are leaving California. According to guttulus.com, such businesses will likely continue offering remote working for their employees, hence why this will be the new normal.
Remote work increases diversity
With a larger pool of talent available to companies when hiring new members for their teams, remote working has led to an increase in workforce diversity while also lowering management biases, which is why it is likely here to stay.
Hybrid work models are on the rise
Some companies have also begun using a hybrid work model in which employees have the option of working from home or coming to the office for meetings or workshops. This provides them with the best of both worlds, and likely means that such companies will continue doing this going forward.
The advancement in AI
One of the reasons why people may still have to go to the office is because the law is yet to be amended to allow corporates to completely have paperless and remote board meetings as discussed over at runrex.com. However, with advancements being made as far as artificial intelligence is concerned, many of these tasks will be digitized eventually paving the way for remote working to thrive.
Productivity
Businesses and companies with staff working remotely have noticed an uptick in productivity as far as their employees are concerned, and according to guttulus.com are likely to continue offering such opportunities to leverage more of this productivity.
Flexibility
Employees who work from home also benefit from great flexibility not only in terms of their work schedule but also in terms of where they can work as explained over at runrex.com. This means that they will likely want to keep this going leading to more remote working opportunities.
Improved recruitment
Now that many white-collar Americans have gotten a taste of the benefits of working from home, they are even more interested in its continuity. Unsurprisingly, many leading organizations are using it as an attraction and retention strategy for employees which means that it is here to stay.
Generational preferences
Finally, it is worth noting that millennials, who have grown up being able to communicate freely through social media and digitally, expect the same from their employers. Many of them prefer working remotely and this likely means that working from home is here to stay.
This article only just begins to scratch the surface as far as this topic is concerned, and you can uncover more insights on the same by checking out the top-rated runrex.com and guttulus.com.