With modern technology keeping us more connected than ever before, the way we work is changing rapidly. In fact, many business analysts say we are at the threshold of a “remote working revolution”, predicting that half of all US employees will be working remotely by 2020.
What is Remote Work?
Remote working is a model that allows employees to operate outside of a traditional physical office space. Some employers offer their teams a work-from-home option, which allows them to work remotely on selected days. Others will have fully remote teams, sometimes spread across multiple time zones.
Businesses are benefiting from remote working setups in a number of ways. First, the reduction of in-house staff can dramatically reduce overheads, such as the cost of renting a large office space, or the cost of electricity and utilities within that office space. Next, allowing people to work remotely gives employers better access to a bigger talent pool, as people from all over the country or even the world can apply for a job, if they’re not restricted by the demands of a commute into work. Lastly, reducing office space use reduces the carbon footprint of a business – and reducing the amount of daily commuter traffic is a big environmental benefit for the planet.
Different Ways to Be a Remote Worker
There are a few different ways to become a remote worker and do your job from anywhere in the world. You could apply for a “remote 9 to 5” job, working for a company that allows telecommuting and working from home or other remote locations.
Working as a freelancer or contractor gives you the opportunity to be even more flexible, setting your own working hours as well as choosing the location you work from.
Many entrepreneurs are also embracing remote working. If you’re launching a startup business, it pays to be agile and rent hot desks or coworking space, instead of paying for the use of a traditional office five days a week.
Why More People Are Moving Towards Remote Work
While there are some indisputable benefits for business owners who allow remote working, there are plenty of great advantages for the remote workers themselves. Removing a lengthy commute from your daily routine will save you plenty of time, money and frustration. The flexibility and freedom of remote working allows you to travel more, and to spend more time with friends and family. Plus, if you are self-employed, you generally earn a better hourly rate than those working 9 to 5 for an employer.
Working remotely, without the daily distractions of office life, can also help to boost productivity and motivation, which is beneficial for workers and their employers and clients alike.
Remote Working Statistics at a Glance
These stats present a compelling argument for the remote working revolution:
- The number of US employees who are able to regularly work from home has increased by 115% since 2005.
- 80% to 90% of US employees say that ideally they would like to work remotely two to three days a week.
- 69% of Millennials say that they would choose flexible hours and remote working over other employee benefits.
- 90% of remote workers say they plan on working remotely for the rest of their careers.
- 55% of hiring managers report that remote work among their staff has increased, and will continue to increase in the next decade.
- 70% of professionals work from home at least one day a week.
- 53% of professionals work remotely for at least half of the week.
- 49% of workers say that the ability to work remotely has the greatest impact on their productivity.
Are Employers Open to Remote Work?
As the workforce of the future starts to value freedom and flexibility more highly, more employers are becoming open to the possibility of offering remote work. In fact, some major names like Invision, Upworthy, Gitlab and Zapier have become fully remote. The era of the digital nomad is here, and the remote working revolution is just beginning!