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The pandemic's impact has influenced many areas of our daily lives, including the way we work. As a result, employers today must decide whether to hire remote workers, and considering employees’ perspectives on the matter is essential to attract and retain top talent.
While the number of remote job postings has declined (down from 43% in January 2022), the pandemic proved something significant—many people can successfully perform their jobs from home. Our research indicates that teleworking is not only advantageous for workers but companies, too. Keep reading to learn more about the benefits of remote work for employers and employees.
Perhaps the biggest motivator behind some workers’ desire for more flexible work conditions is the freedom it provides. In fact, over 50% of workers say that work-life balance is most important to job satisfaction. Without having to commute to the office five days a week, for example, workers have more time for other activities, including exercise, cooking, and connecting with loved ones, resulting in employees with better physical and mental health.
Download the 2024 Talent Trends report to learn more about what workers prioritize
As fewer companies offer remote roles, the appeal of those that do becomes stronger, attracting a much wider pool of well-qualified candidates. Not limited by geographic constraints, hiring remote workers allows organizations to access thousands of more people, ensuring you’ll find the right employee in less time.
When preparing to publish remote-friendly roles, be sure to clearly label job descriptions as remote and promote them as such across platforms to attract a significant amount of well-qualified candidates.
Learn more about how to write effective job descriptions.
While employers may be quick to believe that workers are less motivated to complete their tasks from home, research indicates the opposite is true. In addition to reduced stress, research shows that remote employees also experience elevated levels of productivity, as they fulfill responsibilities more efficiently and work longer hours.
An organization that offers remote-working possibilities and, therefore, a healthy work-life balance is likely to see less turnover within their workforce. Our recent Talent Trends survey reinforces this sentiment, revealing 52% of employees who were required to return to the office are actively looking for a new role as a result.
Simply put, giving employees more flexible work arrangements leads to more empowered employees who experience enhanced job satisfaction and overall well-being. Considering how high autonomy has climbed on employees’ priorities lists, workers are more likely to stay loyal to companies that grant such freedom.
Learn more about the best retention strategies to keep your top talent.
With fewer people leaving your organization, hiring remote workers is also cost-effective, eliminating the expensive task of hiring new employees. Additionally, fewer workers in the office means companies can also save money on rent, utilities, and real estate. Some other money-saving benefits of allowing employees to work from home include avoiding relocation costs and hiring people in other less-expensive locations.
If you’re looking to hire remote workers, get in touch with Michael Page consultants, who can help you find the right talent for your open roles.
Find out what talent insights our survey of almost 50,000 professionals across 37 markets has uncovered and what it means for employers.
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