This pandemic has set forth a new work culture that’s absolutely digital.
The Covid-19 pandemic has hit our lives in many different ways of which the most significant had been the effect on the workspace culture. The way how people used to work has been completely redefined. Many businesses have shifted selling their products and services online with little effect on their business.
People who used to travel for hours to reach their workplace are now doing the same work staying home. Business meetings and corporate interactions are now being done through video conferencing, screen-sharing, mobile chat groups, etc. Working remotely has created a huge worthwhile impact worldwide.
If you look at the positive aspect of this pandemic working remotely, you will find employees working with more flexibility and agility. Working remotely has also let businesses and employees both save some extra money by cutting out expenses on traveling, electricity, office rent, and other indirect expenses of running a physical office.
Working remotely has also helped the employees to stay safe at home during this pandemic and take care of their health and well-being, and the most important aspect of working remotely is that the employees can maintain a better work-life balance by spending some extra hours with their families. Meanwhile, organizations have also found better ways to closely monitor employee availability and performance through various activity monitoring applications.
The Mutual Benefit – Employees vs. Employers
The Covid-19 pandemic has forced employees and employers to work remotely, and in many ways, it has benefited both in several aspects of life and business. If you are wondering how working remotely can be mutually beneficial, here are some possible reasons that you might consider before changing your workspace flexibility.
Employees are tending to spend more time than usual office hours, which has led to an increase in employees’ individual productivity resulting in an increase in the total productivity of the organization.
The time employees devour commuting to and from the workplace can be utilized to work overtime and save some extra money on traveling expenses. Working from home also increases employee availability beyond the regular office hours, which can be beneficial for the organization while trading with clients from different time zones across the world.
It has improved the health conditions and well-being of the employees where employees have a lesser chance of falling sick due to general illness. This has increased the regular working rate of employees and decreased the sick leave and holiday frequency to a drastic extent.
Technological advancements have made it possible for employees to work faster and more efficiently than before. Adopting new technologies have mutually benefited the organization and its targeted customers to reach new heights, achieve sophistication, and make more profits. From an employer’s perspective, letting employees work from home has increased employee retention and loyalty significantly. Working from home has made employees maintain a work-life balance allowing them to spend more time with their loved ones.
This has helped to maintain a constant momentum in productivity of the organization and rise in employee morale. Working remotely has also helped employees reduce work stress in which the organizations foresee their prosperity on a longer run.
Did you know that your employees were your best cost-saving resources during this pandemic?
The global Covid-19 pandemic has made employees of several organizations work remotely. Employees working from home have made a sizable contribution for companies by cutting out indirect expenses which are no longer needed unless working from office premises.
This has made it possible for businesses to invest more in new techs and software as they offer a relaxed benefit of working from home for their employees. Working remotely has not only helped the organizations to save cost but brings together many other benefits as well.
Companies can eliminate a few of the following indirect expenses:
Rent and Other Utilities
Usually, all big organizations are located in metro cities where rental expenses are way too high. A major portion of total expenses includes office rent, maintenance, and utilities. If your office is shut down and all of your employees are working from home, you don’t have to incur such extra costs from burning your budget.
A company also saves a lot of money by eliminating consumable supplies. If employees are working from home, then companies don’t have to spend money on cafeteria services or refreshments like tea or coffee during office hours or meetings.
Cleaning and Maintenance Services
Without the presence of employees, companies can save more cost by excluding cleaning and maintenance services. If employees are working from home, the companies are much relieved from spending on housekeeping staff, materials, and managing other maintenance activities of the office premises. Recent studies have reported that more companies, be it well-established or startups are venturing to migrate to virtual offices permanently.
Travel and Relocation Expenses
Many companies give pick-up and drop facilities to their employees, which can be eliminated now when employees are working from home. Similarly, several companies also provide relocation expenses for their employees who migrate from different locations to join them.
There were few common expenses that a company can eliminate when the employees are working from home. In addition to these, there can be many other expenses depending on the type of products and services the company deals with.
What’s the take of most employees on remote working from a work-life balance perspective?
Every employee wants to maintain a balance between their work and personal life. Every working individual wants to spend more time with their families and loved ones. This is usually not possible if a person has to work for 9 hours a day or even more in case of overtime or peak seasons.
For someone who gets back home from work, it isn’t possible to spend time with their families having spent a tiresome day at the office and to restore some energy to get back to work the next day. This naturally causes intense stress among many employees affecting their performance at work.
Due to the Covid-19 pandemic, employees of every company got the opportunity to do the same work from their home. Converting their homes into personal workspace has let employees work in a peaceful environment with increased availability and speed. Maintaining a healthy work-life balance reduces tension and stress, making employees happy and focusing more on their work, which increases work efficiency and productivity.
Working remotely, an employee gets more flexibility. Work in a peaceful environment with increased availability and speed will in turn lead to quick and quality delivering of projects and tasks, thereby reaching daily targets with no delay. The time that employees save from everyday commuting and escaping the on-road congestion can help the employees invest some healthy time in their personal space.
It will also be easier for the employees to actively take part in household activities, staying fit, and also focus on their areas of interest and hobbies, providing the foundation for better work-life balance while contributing to the organizations growth. DADJ offers an end-to-end solution that helps your business work remotely with uninterrupted functioning.