So far, we've talked about how telecommuting can help employees . How does it benefit the company? First, by increasing the holding power. According to one survey, 74% of US employees agree that being able to work remotely is less likely to leave their employer. According to another survey, companies that allow remote work have 25% less employee turnover than companies that do not. advertisement Continue reading below And we all know how high the turnover rate is. 3. Compete for talent It's easy to forget that it was the employee market a while back, as the unemployment rate has skyrocketed over the last few weeks. In fact, the unemployment rate in the
United States in February 2020 was 3.5%, the ghost mannequin effect lowest unemployment rate since the 1960s. Yes, the recession handles it. But it's not forever. The recession will soon end, and companies that allow telecommuting will have a clear advantage in looking for talent. As a good example, 77% of US workers say that being able to work from home increases their chances of accepting a job. In addition, research shows that workers will give up other important perks to get the opportunity to work from home. Twenty-eight percent of respondents say they will reduce wages by 10% or 20%. 21% are willing to take a vacation. 17% said they would give up severance pay in line with their employer. advertisement Continue reading below This means that SMEs (with a small budget) can compete for talent.
Expand the talent pool Employers have a hard time finding candidates with the necessary specialized skills. If that is your situation, why do you limit your talent search to the markets where you have a physical office? Virtual workforce can be used to remove human boundaries and increase access to human resources around the world. 5. Reduce costs For companies looking to reduce costs, moving to a virtual workforce is a great option. Kate Lister, president of Global Workplace Analytics, says employees aren't at the desk 50-60% of the time. Consider the waste of time and space that represents. As a result of "improving productivity, reducing real estate costs, reducing absenteeism and turnover, and improving disaster preparedness," Lister says companies can save an average of $ 11,000 a year per half-time teleworker. I estimate that. This promised cost savings is especially valuable.