Companies that allow employees to work remotely increase their profit an average of $2,000 per remote employee, whereas 77% of the employees say they are more productive when working from home.
80% of employees would prefer to work from home at least once a week. Whereas, 74% of North American employees would quit their job to work for another company that allowed them to work from home. Companies that allowed remote work experienced 50% fewer resignations in 2017.
With the spread of COVID-19 and the implementation of lockdown in countries globally, companies were compelled to allow their workers to work remotely. The rapid implementation of remote working has initiated a deep-rooted passion for employees on working from the comfort of their homes.
According to Enterprise Technology Research (ETR), the percentage of employees working from home has doubled in 2021.
The overall U.S market has seen an 80% increase in remote work for white-collar occupations, whereas remote work is preferred by 4 in 10 white-collar office workers, according to the News Gallup.
According to a report conducted by the News Gallup, approximately 8 in 10 employees in four occupations have been working from home between October 2020 to April 2021. Some of those occupations are as follows:
- Media, arts, design, and entertainment occupations (81%)
- Social sciences or Physically related careers (86%)
- Consulting, financial services, real estate, and insurance occupations (80%)
- Mathematics or Computer occupations (86%)
- Library, Education, Training occupations (69%)
- Legal field occupations (74%)
- Engineering or architecture occupations (67%)
- Social services and Community workers (60%)
- Office or clerical workers (56%)
In the past several months, reports, studies, and surveys have revealed that working from home has proven to be substantially efficient and effective for employees globally. Employees working from homework one more day a week, are 47% more productive and spend 10 minutes less a day being unproductive.
After the end of the COVID-19 crisis, two-thirds (74%) of the coorporations plan to permanently shift some employees to remote work, according to a survey by Gartner CFO.
Remote work has expanded by 44 percent over the course of five years and over the last 10 years, remote work has increased by 91 percent. And remote work is not expected to lessen anytime in the near future.
Remote working is indeed the future of our professional world, with 73% of the companies expected to have remote workers in their respective corporations by 2028.
