Remote working Guide

10 Benefits of Hiring Remote Workers in 2024

4
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The COVID-19 pandemic forced companies around the world to go remote in early 2020. Fast forward four years, and remote work has evolved into a culture adopted by many organizations.

Gone are the days when hiring was confined to the limits of cities or countries. Today’s technology allows businesses to compliantly hire remote employees internationally, expanding their workforce beyond geographic limitations.

There are numerous benefits to hiring remote employees from around the globe. In this article, we break down each advantage of building an international remote team.

Are you an employer looking to hire employees across the globe? Then this article is for you. Let's take a coffee break and explore the benefits of hiring remote employees.

1. It is eco-friendly 

Working from home eliminates the need to drive to work, saving not just time but also money on transportation. This is probably. 

Most metropolitan cities are employment hubs, and traffic jams during commute hours are common. Vehicles that run on fossil fuels are a major source of air pollution, which causes respiratory problems. According to reports, the air quality index and pollution levels significantly improved when people were forced to stay at home during the pandemic. Reduced commuting results in decreased greenhouse gas emissions.

Moreover, everyone knows that home-cooked meals are cost-effective and eco-friendly. When working from home, we also don't "grab a coffee on the way" which is often served in a plastic cup. As a result, we use fewer single-use plastics. Hence, remote work is a boon for Earth.

Read more: Oyster Alternatives

2. Access to a wider and more diverse talent pool

One of the most important benefits of hiring remote workers is that companies can look outside of their home countries for hiring talent.

Remote work allows them to access the greatest talent from all around the world, which is especially important now as employees want the flexibility that remote work provides. 

Remote work allows people in other time zones to work without worrying. Even those who are unable to work during normal business hours can work remotely to support themselves. Not to mention, remote work provides job opportunities to persons who are unable to commute to their workplace daily, such as the physically disabled or single parents, who may be as competent but are hampered by their current circumstances.

In most companies that hire remotely, choosing the ideal remote worker for your company is based on what a remote worker can do, degrees and certifications are secondary.

3. Encourages individual productivity

Countless studies show that remote workers are more productive. Remote work provides employees with a considerable amount of freedom and flexibility. 

Not everybody is productive from 9 am to 5 pm. Employees who work remotely have the flexibility to work at whatever hour suits them best autonomously. They can maintain a healthy work-life balance which also leads to happiness, satisfaction, and peace of mind. Satisfaction toward their job is proportional to their productivity and work done. 

With better work-life balance, remote workers also experience lesser stress. Remote work also helps them save commute time which could take up to 10 hours a week for on-site employees. If the average hourly rate of an employee in the US is around $11, he or she could save up to $300 a month if they don't have to commute to their workplace every day (excluding transportation, clothing, and other expenses). 

4. Comparatively cost-effective for businesses

One of the most critical benefits of hiring remote employees is that it saves company costs in several ways. It cuts down on time wasted by counting only the billable hours.

Further, if the majority of your team works from home, you won't need to pay for a larger space, which will result in lower rent costs and water as well as electricity bills.

If you have a remote team, the costs for refreshments or running a cafeteria drastically decrease. Making adjustments to accommodate remote workers may curtail your costs for utilities, payroll, and sales.

Companies save a lot of money by allowing their employees to work from home. This money can then be used to provide greater perks and advantages to their employees, such as better health insurance, travel expenses, money to upgrade their gear, and an improved lifestyle. This will enable them to attract a more diverse and loyal workforce.

5. Better employee retention

Replacing a worker can be an extremely expensive endeavour. You want to be sure that new employees will stay with the company.

To replace an employee, an organization must incur interview costs, recruit training charges, background checks, advertising, job posting expenditures, and so on. The company may potentially lose money or put extra pressure on existing employees to fill the vacant position.

In the end, this means that if a company wants to attract and keep the best talent, every employer who can offer remote work must now think about implementing a robust remote work policy.

6. Brings together a diverse point of view

Another benefit of remote hiring is that when firms hire people from all over the world, they bring with them a unique perspective based on their previous experiences. 

The lifestyle and upbringing of a person sitting in Africa might be different from a person working remotely from Japan. Our values, morality, and work ethics are what define us as individuals.

When firms hire people from diverse backgrounds, they bring their values and method of working with them, which frequently results in a quality amalgamation of experiences.

7. Saves employee money

One of the best benefits of hiring remote workers is that it is a win-win situation for the company and the employee regarding costs. 

Remote workers can save their transportation costs by working from home. They can also save on eating out. Several remote workers can save on dry cleaning services, childcare, pet care services, and more. 

Furthermore, a few employees can also significantly save on housing. They can move from densely populated office spaces to less populated and inexpensive areas. 

Read more: How to Pay Remote employees

8. Build agile teams

Agility has been a buzzword for some time now. One of the most significant benefits of hiring remote workers is that you can build agile remote teams that contribute to business growth. When you hire remote workers, you can access expertise that wouldn’t be available otherwise. You can expand your capabilities by building a team of independent talents. As a result, you become open to limitless possibilities. Thus, the agile team of remote employees can help you survive in evolving business scenarios and drive growth. 

9. Improved employee engagement

Remote work drives employee engagement and this is one of the best benefits of hiring remote workers for both the company and the employee. Employees can strike a work-life balance, reduce stress, and improve their mental and emotional states.

Companies must establish a proper feedback system and ensure to show trust in their remote employees to improve engagement. Also, trusting the employees will encourage them to perform better and dedicate their time to achieving company goals. 

10. Improved communication

It seems that working face-to-face helps you communicate better. But, often, the opposite is true. 

When working face-to-face a lot of the communication may get lost or misunderstood due to non-verbal cues, context, translation, etc. 

In remote work, there is no luxury of nonverbal cues. Most communications are detailed and documented in Slack channels, emails, and Skype chats. This improves written communication and maintains a record of the communication. 

Remote workers realize that they need to explain their points well to the team and thus work on their communication skills to perfection. Hence, better communication is among the most underrated benefits of hiring remote workers. 

Conclusion

Hiring remote employees has never been simpler. Companies can now hire and onboard talent from across the globe in a nick of time. 

Global teams and remote work are the way of the future, and organizations must recruit accordingly. Get in touch with Gloroots to have a seamless transition to a global remote workforce.

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