This article was originally published at: https://herforward.com/growth-of-remote-work/

The workdays of the not-so-distant past were characterized by lengthy commutes to downtown offices. These commutes could add up to 4 hours to a total workday, and most employees hated the extra inconvenience. So many hours were whiled away on subways and in cars that would have been better spent with family and friends. Thankfully, these commutes might be a relic of the past. The emergence of remote and hybrid work arrangements has brought about a significant alteration of the traditional workday. These work-from-home (WFH) lifestyles have been made popular by technological improvements, and they don’t seem to be going away any time soon.

The Benefits of Remote Work

There are a lot of benefits of a WFH workstyle. Of course, it is no surprise that employees have been loving the reduced commute- 60% of remote workers have reported it as a significant perk. In addition to convenience, working remotely has financial and time efficiency benefits. For example, 44% of workers save money on gas and lunch, 38% spend less time getting dressed, and 29% have more free time to spend with friends and family. Most people agree that having a remote or mixed schedule encourages a better work-life balance and more flexibility in their daily lives.
The WFH approach has been beneficial for employers as well. Staff absenteeism rates have dropped by 50% for both employee absences and sick days, which means more output is being produced. An improved work-life balance has reduced employee turnover by 50% as well, so less work needs to be put into consistently hiring and onboarding new workers. This results in savings between $20-37k per year per employee. Statistics also show that there are productivity boosts by 68% for a company when WFH is implemented.

The WFH structure has been adopted by numerous companies due to these benefits. By 2023, 40% of American workers will have worked from home at least once a week, with 12.7% doing so exclusively. Even though these figures have declined following the COVID-19 epidemic in 2020, remote and hybrid work arrangements are still widely used. Some states differ in terms of how common remote work is geographically. While some Midwest areas show less acceptance, with remote work accounting for only 4% of job ads, California, New York, and Florida have a high percentage of remote job postings.
Across the globe, the majority of workers (66.5%) continue to work in traditional office settings, while 25% use hybrid work arrangements and 7.5% work entirely remotely. But when it comes to employing remote workers, the US seems to be ahead of the rest of the world. The WFH workstyle will probably continue to grow in global popularity as technology advances and public acceptance grows.

Conclusion

In summary, the evolution of the workday signifies a move toward remote and flexible work schedules. Both companies and employees have benefited from this transformation, as it has promoted a more efficient and well-rounded approach to work. It is anticipated that the frequency of remote work will increase even more, completely changing the makeup of the American and global workforces in the future.

return to office or work from home
Source: Unrubble.com

This article was originally published at: https://herforward.com/growth-of-remote-work/

Her Forward

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Her Forward is a US news publication founded by Michael Peres (Mikey Peres) in 2021. Our publication is dedicated to bringing you the latest news and insights on female entrepreneurs and leaders.