The Benefits of a Remote Work Business
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All sizes of companies are embracing remote work because employees want flexibility. While some executives are worried that remote working could hamper productivity, research and experiences show that when companies maintain a robust remote working policy, it actually boosts important performance indicators and employee morale.
There are plenty of questions about remote working arrangements, from how it compares to flextime, to where companies have a distributed workforce. Fortunately, there are also numerous benefits to offering remote working options, from the elimination of the commute (the number one benefit of telecommuting, according to a 2020 FlexJobs survey) to higher engagement and retention offering employees the flexibility they seek.
Flexible work arrangements are when an employee or a group does not have to report to an office for at least for a short period of time. This could be working at home for a few days a week or working remotely. It also includes working from a satellite office, such as a cafe or coworking space, and it can even include an employee who travels.
No matter how your business defines flexible work arrangements it is essential that leaders and managers provide regular feedback about the performance of their employees and communicate. It’s also a good idea to arrange regular virtual meetings and standups to foster collaboration, innovation and communication. Don’t forget congratulating your remote teams whenever they merit it. If your employees aren’t inspired or feel unappreciated their performance will suffer.