As Millennials and Generation Z continue to assert themselves as the majority occupying the workforce, firms begin to implement adjustments designed to oblige their takeover. Open floor designs, mental health training, and a steadily softening stance on remote employment sketch the labor market of the very near future and if recent polling stats are any indication, workers are more than ready to fall in line.
US Census Bureau American Community Survey the number of Americans that routinely work from home has been gradually increasing every year since 2008. Of course, workers aren’t the only ones benefiting from this transition. A Harvard Business Review study found that output increased by 4.4% after adopting a remote work policy and an independent Office life study revealed that 70% of Millennials would actually consider turning an offer down if remote work wasn’t at least an occasional option.
“Countless startups operate remotely from their launch. The computer manufacturer Dell, which is headquartered in Texas, wants to have 50% of its workforce working remotely at least some of the time by next year. Amazon recently hired 3,000 remote customer service workers, putting it in the top 10 for most remote jobs listed in 2018, above other well-known remote-friendly companies like UnitedHealth Group, Salesforce, and SAP,” Rani Molla of Recode reports.
So if you have the fortune of working at a company with liberal attendance attitudes, here are some of the most pressing things to think about before utilizing the privilege.
There were a total of 2,471 employed individuals involved in the exhaustive survey, 48% of which currently live in the US, 6% work out of Canada or the United Kingdom and 4% live in Spain. The other countries included are as follows: France (3%); Germany (3%); Ireland (Republic) (3%); India (2%); Australia (2%); Italy (1%).
Ninety-nine percent of the respondents featured in the report said that they would work from home for the rest of their careers if they had their druthers and 95% would encourage their colleagues to do the same. Neither figure aims to say that the model doesn’t come with certain complications.
The primary benefits were determined exactly like you might have imagined. Forty-percent occasioned flexibility, 30% cited work from any location of their choosing (coffee shop, bar, restaurant, etc.), 14% cited time with family, and 13% enjoyed not having to leave their house. Although looming trends favor this breed of operation, the young participants additionally raised some pertinent concerns. Twenty-percent felt that it was uniquely difficult to detach themselves from their work when they clocked in from home. This often funds the tendency to overwork or to work longer than would have if they had a physical office to depart from every day at 6 PM. Nineteen percent merely felt lonely working from home, and an additional 17% found it very difficult to collaborate and communicate with their peers.
For others, an office has a way of urging productivity. A collective 18% of the employees queried felt either distracted or unmotivated while working remotely. All that being said, the transition seems to be more fruitful than not as far as employees are concerned. Although the majority occasion the flexibility to work in cafes and libraries as the principle selling point of the model, an equal preponderance choose not to leave their house when they weren’t confined to a cubicle.
But just how do companies feel about remote work?
It’s probably too early to unpack the long view with any degree of consequence, so we have to trust the CEOs and executives surveyed in their on mass assertion that champions remote work as a net positive. Ninety-one percent of the business owners surveyed said that they intend to continue their support of their staff working from home, which is 3% more than those that agreed in Buff’s 2018 report. In 2019, 40% of companies adopted a half the staff works full-time from home while the other half works full time in office policy, 31% employ workers that exclusively work from home, 16% have a do so as needed policy and 9% allots each employee a fixed amount of days that they are allowed to work from home independent of their paid time off.
By and large, companies fiscally benefit from increased remote work given that they do not cover the costs associated with working from home hiccups (spotty internet connection, busted laptops etc). In fact, 75% of the employees surveyed said that their firm does not pay for home internet, and 71% said their company does not cover the cost of a co-working membership.
Remote workers tended to spend the most on internet provider issues and fuel, with the average employee dishing out $5 on coffee a day.
“Employees in their 20s and mid-30s value meaningful experiences more than possessions, and they want to be able to pay attention to all the important aspects of their lives,” Iwo Szapar, the CEO and co-founder of Remote-How explained in Buffer’s report. “Having a flexible schedule allows employees to juggle between work, hobbies, and time with friends, resulting in a positive work-life balance and also reducing workplace stress.”