The shifting point in how we work
Statistics on remote work
There is a good chance that 2020 will be remembered in history as a shifting point in the way we see work environments. Working from home is gaining in popularity across the globe and this can be traced back to three main reasons:
- Millennials are changing the workplace. One of their favorite perks, working from home.
- Covid-19: In the First Quarter of this year, companies around the world were suddenly forced by the pandemic to send big parts of their workforce to work from home.
- It’s proven to increase productivity and the creativity of employees.
This gives us reason enough to look at some interesting statistics about remote work and how it can influence your company.
1) Remote work has been on the rise
An analysis done by FlexJobs and Global Workplace Analytics found that there has been a major upward trend in the number of people working remotely in the U.S. In the span of one year, from 2016 to 2017, remote work grew 7.9%. Over the last five years, it grew 44% and over the previous 10 years it grew 91%. Now that the majority of the people worldwide are forced to (partly) work from home due to lockdown policies, we can only imagine what coming months and years may look like.
2) Remote working helps attract and retain top talent
95% of U.S. knowledge workers want to work remotely, and 74% would be willing to quit a job to do so.” (Zapier, 2019). Also nearly 3 in 5 knowledge workers (57%) say the option to work remotely is one of the perks they'd most prefer to be offered by an employer (Zapier, 2019). The freedom and flexibility that come with remote work are elements of the current zeitgeist; where experiences, quality time and meaningfulness are prioritized. It appears that when this flexibility is given, effort is boosted.
3) Employees working from home are more likely to reduce stress
Amerisleep’s study of 1,001 remote workers found that they are 57% more likely than the average American to be satisfied with their job. Plus, nearly 80% of respondents described their typical stress level during the workweek as either “not stressed” or only “moderately stressed.”
4) Employees seek flexibility
We’ve said it before, and we’ll say it again: it’s all about flexibility. 40% of people feel the greatest benefit of remote work is the flexible schedule and 76% of workers would be more willing to stay with their current employer if they could work flexible hours (Smallbizgenius).
5) For millennials this is a requirement
According to CBRE, a leading company in real estate and workplace consultancy, 69% of millennials would give up other work benefits for a more flexible working space. And, according to Virtual Vocations, 79.5% say a remote job is a primary source of income. It seems that the war on talent can be won by offering flexible working arrangements.
6) Remote Work Is Good for Business
Among performance-based remote work statistics, 85% of businesses confirm that productivity has increased in their company because of greater flexibility. Additionally, 90% of employees say allowing for more flexible work arrangements and schedules would increase employee morale, while 77% say allowing employees to work remotely may lead to lower operating cost (FlexJobs).
Want to learn how you can boost your team’s productivity and gain business success through employee engagement? Get in touch.
Tradler is a cross functional Employee Engagement Platform helping customers improve engagement between Executives, Managers and Employees while increasing motivation and productivity through smart incentivising using gamification. If you’d like to learn more e-mail our Key Account Manager, Paul Lloyd.
Client Engagement Manager
"At Tradler, we believe in the power of positive affirmation through recognition and incentives. In our view, productivity and positivity go hand in hand, which directly translates to tangible business success."