Working Remotely: The New Condition Of Employment?
Is the possibility of remote work the new condition of employment?
In the dynamic world, we live in, flexibility at the workplace turns out to be an integral component of employees’ happiness.
In a LinkedIn Global Talent Trends survey of more than 5,000+ talent professionals in 35 countries from around the world, three main factors are associated with employees’ satisfaction. One of them being the flexibility in the workplace. Among workers, this does not represent a privilege anymore but a norm. The possibility of flexible working hours and home office are now common requirements candidates mention even before the start of an interview process.
Why working remotely?
People are moving out of the cosmopolitan areas and seeking more autonomy in their lives. Thus, they seek the opportunity to work remotely when choosing the next firm to join.
Looking for a (remote) job in Payments or FinTech? Find your next job here.
Saving energy, resources, and time on commute potentially increases the productivity and focus of employees. This is due to their ability to execute their morning routines and find ways to recharge later in the day.
Spending more time with family and friends also plays a role in the urge to work remotely. On average, employees spend 22 days each year on commuting. This time could be invested in a variety of other activities. Furthermore, the reduction of travel costs and the stress associated with commuting results in higher income and a healthier lifestyle. Moreover, the office chair is not the only place where people can be efficient and effective. And many consider it outdated to measure performance based on hours an employee spends in the office.
Providing employees with the chance to choose the time when they are most effective and efficient and not handcuffing them to a schedule that resembles factory conditions, results in higher productivity. A survey conducted by Global Workplace Analytics Costs & Benefits established that teleworkers are 35%-45% more productive in comparison to their team members working in the company’s office.
The working culture is something that is constantly evolving. Remote working is one of the latest trends we are observing among companies organisational culture. According to existing research, it has a positive impact on the work-life balance. What makes this possible is mainly the new technology and the rising number of platforms that provide the opportunity to be in touch with your colleagues, clients, etc.
Looking to grow your Payments team? Find out more about our Payments Expertise Talent Solutions.