The future of work is digital. And remote. There, I said it. Ready to fight you on that. I mean, at this point, one would have to be incredibly blind to not see where the business and corporate world is heading.
And by no means is it something that is being touted out of the blue. The recent pandemic has only nudged it a bit. But the idea of remote work overthrowing traditional work setup has been in the making over the past few years.
When talking about remote work, it is generally the advantages to the employee that are often discussed. But have you ever paused a second to think what the advantages are, or could be for you as an employer? Probably not. Mostly because you might not have ever thought about remote work as anything more than a passing fad.
Let me tell you, it’s here to stay. And stay it will even in the long-term. Here’s why switching to hiring remote workers will give you that much-needed competitive advantage you need.
The competition is tough, it’s only wise to stay ahead
A business is only as good as its people are. Remember, it’s great teams who build great products and businesses, not vice-versa. It’s these people who will drive the company forward to success. They will be the ones to execute day in and day out. So it only makes sense to have the best on your side, doesn’t it?
In the run-up to long-term success, a key metric that will define your business is the ability to attract top talent. And if you don’t, you better bet that your competition will. If you want to stay ahead of the curve and future-proof your business, there’s nothing that does it better than hiring remote workers.
It is anyway going to be a norm everywhere soon, and at some companies, it already is. And as a smart business person, you already know the value of beating your competition to something. It could be the one thing that can transform your business from good to great.
Bye-bye geographic limits, hello global talent pool
When you recruit for your business, you are looking for a superstar who could change the game for you. But what if your superstar does not live within commutable distance from your office? Is that a good enough reason to lose out on the best talent that could potentially do wonders for you?
The obvious answer is no. When you make that switch to hiring remote workers, you’re expanding the possibility of finding the right match that just fits perfectly to your business. Nobody can possibly have a problem with the ability to find the best and most skilled talent, can they?
Another great advantage of hiring remote workers is that you now have a more diverse team. People from different places and with different types of work experiences, especially when you hire from a different country, have a lot to offer your business. They make valuable additions and bring in their expertise of working in and for different markets – the value of which is immense for a budding enterprise.
Productivity will come calling when you switch to remote
A Stanford study has confirmed a few years ago that remote work boosts productivity. Don’t know about you, but I’d find that hard to argue with. It is now proven that you can get more work done working remotely than ever before.
It might counter-intuitive, or hard to believe, but facts are facts. Why this is, could probably be simple. Maybe people are less distracted at home than they are in an office, when it comes to getting work done.
There are no hour-long commutes, sitting in traffic or public transport waiting to get to work or back home. Neither are there any interruptions from people walking up to someone’s desk to talk to them.
Remote teams on average can start and end their workdays early, which obviously keeps them happy. And a happy worker is a dynamite of productivity.
Now, boosted productivity is a pretty discernible advantage to any business. If your business can get more done in the same number of hours, it is an absolute win for you.
Hiring costs will plummet, bottom-line will rise
When you hire remote workers, especially from a remote employee marketplace, you are foregoing all the costs that come with recruiting a new employee. Otherwise, you would normally spend a bunch on things like:
- …and more!
Not only that, but you are also paying big moolah for prime real estate when you have a traditional office setup. Because with that, sometimes it matters where your office is. When you hire remote, this becomes completely irrelevant.
Think about how much better you could spend that money to grow and scale your business, instead of on incidental expenses that only weigh you down.
It takes money to make money, so why are you wasting it? Any money saved is added to your profits and gives your operational expenses a longer leash.
Remote is THE future
The idea of remote work and hiring remote teams is more than a mere business trend. It truly is the future of work, and how businesses engage with talent. Geographical and cultural barriers can no longer be the listed reasons why businesses can’t hire the talent that they truly need.
A few clicks and taps and we can connect with someone anywhere and everywhere around the world, be I countries apart or continents. We no longer have the need for people to be in the same room or office to be able to effectively work together.
Going remote and building remote teams is going to be a quite profitable long-term business strategy when done right. Not only will you have a high-performing team delivering every single day, but you will also experience faster growth and scale.
It’s time to embrace the future because the future is already here. Remote work is the new reality of today.