Is working from home the future?
Remote work is a hot topic these days and by all accounts, it will keep increasing into the next decade.
Below are some estimates and predictions from several sources that drive that point home.
A survey conducted by Upwork of 1,500 hiring managers found that due to COVID-19, 61.9% of the companies were planning more remote work now and in the following years to come. Accelerating the remote work trend that has been going on for the past few years.
This same report predicts 36.2 million workers or 22% of Americans will be working remotely by the year 2025. This is an 87% increase from pre-pandemic levels.
Global Workplace Analytics estimates that 56% of W2 workers or 75 million employers could work from home if their employers allowed it.
Global Workplace Analytics estimates that 25-30% of the workforce will work from home for several days a week by the end of 2021.
The CEO of Facebook stated that he expects 50% of their workforce to be working remotely by 2030.
Working from home has many benefits including less office space costs for employers.
An increase in remote work means fewer cars on the road. Transportation accounts for 28% of greenhouse gas emissions in the United States according to the EPA.
Is remote work here to stay?
The numbers tell the story and it looks like the remote worker trend will continue.
A survey report conducted by Owl labs suggests remote workers are happier and stay in their jobs longer. They also found that workers who were working at home reported being happy 22% more than workers who always work in an onsite office environment.
These remote workers reported having less stress, more focus, and a better work-life balance. The remote workers also worked over 40 hours a week 43% more compared to workers that never worked remotely.
Whether employers are ready or not remote working is here to stay at least for the next few years. There will always be those that prefer working in an office. Industries such as food, retail, and construction need workers working on-site daily.
Statistics On Remote Workers will continue to be researched. However, new tools must be embraced for remote teams and new strategies developed for this new type of remote workforce.
Employers must find the right balance of in-office and remote workforces that will make their company effective as possible. Embracing the new remote work trends has become the norm.
Giving your worker’s workplace flexibility and flexible work arrangements. will give you an advantage over other employers.
