We estimate that employees save between $600 and $6,000 per year by working at home half the time. Those savings are primarily due to reduced costs for travel, parking, and food. Interestingly and quite unexpectedly, research proves that remote work results in increased productivity. Also, family responsibilities and conflicts while working at home could lead to tight deadlines, long working hours, and inability to rest, causing more stress and impairing productivity.
For employers
With seamless time tracking, you can easily estimate task durations, set clear budgets, and generate detailed reports inside Asana, Trello, Jira, or any other pm tool. Everhour also integrates with Upwork, making it a powerful solution for Upwork time tracking, allowing you to easily track billable hours for freelancers and manage client projects more effectively. The opportunity for professional improvement can be a great stimulus for employees and boost their engagement and performance. Open and honest discussions with your team members help you identify their goals and expectations so you know what you should invest in. For example, you can provide virtual learning resources and tools to enhance your employees’ growth. This may include online learning platforms, regular virtual company training, and webinars.
- Microsoft also examined the impact of solid workplace relationships on those with thriving relationships and those with struggling connections outside and inside their team.
- A common issue for newly remote workers is being able to unplug – separating work life from personal life, which may lead to decreased productivity and burnout.
- Moreover, 75% of remote workers said their companies help them connect with colleagues at work.
- For many, the biggest benefit of remote work is the flexibility it provides.
- Considering the costs add up, it’s no wonder the same report states that 29% of respondents would expect a pay increase if they were no longer able to work remotely or on a hybrid model.
- Owl Labs found in their State of Remote Work 2021 report that not everyone working remotely during the pandemic worked from the comfort of their homes.
In a study, a third of Canadians expressed a desire to commute less than 15 minutes after a year of working from home due to the pandemic. And of those that are already working from home, 95% of them said that they would recommend remote work to other people including friends and family members. Employees who said that they are satisfied with their social connectivity are two or three times more likely to have maintained or improved their productivity on collaborative tasks. An overwhelming 95% even went as far as to say that working from home made them as productive or better as they did when working in the office.
An Atlassian survey of Fortune 500 executives showed that managers and leaders are still concerned about productivity levels in 2024. According to the study from the Pew Research Center, some employees are more productive when working on-site. The report predicts that, by the end of 2024, ⅔ of US companies will adopt flexible and remote work options. According to the Scoop 2024 Flex Report, more organizations will remote work stats 2024 realize that benefits like flexibility increase engagement and productivity, as well as the ability to attract top talent.
- This represents an increase from 55% in 2019 and a 44% increase since the pandemic began.
- Moreover, providing thorough security training for remote employees is of utmost importance.
- In the same survey, 16% said that the remote work lifestyle is somewhat important to them.
- A total of 27% are fully hybrid, remaining steady from 2023 when 26% were fully hybrid.
- Putting in more hours seems reserved for men, the Owl Labs report revealed.
The largest share of remote employees falls within the age range of 35 to 44 years (BLS)
A 2020 survey found that 56% of remote workers had been working from home for less than a year. In 2023, the Top Employers Institute touched on the use of AI technology in its World of Work Trends Report. According to their data, some businesses already used AI tools to generate prompts for developing employee learning programs. 58% of hybrid workers do this while another 8% are eager to try it out. That means that 66% of the hybrid workforce is actively avoiding the office.
Although a lot of companies are pushing for a return to office, 2023 saw a massive increase in the number of companies offering hybrid work models. Between the start of 2023 and the end of November 2023, the number increased from 51% to 62%, as stated in the Flex Index Report. A report from Project.co showed similar numbers, as 36% of their respondents said they are in-office 5 days a week, while only 20% of them said they work fully remotely. Meanwhile, the majority — 44% — stated they have a hybrid work pattern.
We’re seeing a rise of fully remote workplaces, as well as hybrid environments where workers can choose to come into the office or work from home. These aren’t just small businesses – huge companies like Facebook and Shopify are among those offering greater workplace flexibility. This model is particularly important for remote work because it reduces the risk of unauthorized access and data breaches, especially as employees access company resources from various locations and devices. Implementing zero trust alongside secure remote access solutions like Splashtop enhances overall security in a remote work setup. Remote workers can ensure data security by using secure remote access tools like Splashtop, which offer encrypted connections, two-factor authentication, and regular software updates.
However, companies are already looking into updating their policies to make room for hybrid setups that’ll allow people to work from home some of the time. The key remote work statistics show that employees have come to like working from home, especially during the peak of the pandemic. A common issue for newly remote workers is being able to unplug – separating work life from personal life, which may lead to decreased productivity and burnout. She is president of Global Workplace Analytics (GWA) an 18-year-old research and consulting firm that helps employers understand and prepare for the future of work. GWA’s expertise is focused on workplace, workforce, technology, and other trends that are changing the who, what, when, where, and how of work. The latest figures confirm the already established tendency of an increased share of remote or hybrid work.
Statistics showing the impact of remote work across genders
It seems, however, that not all companies have extended this benefit to their workforce equitably. This can be as much as $16,000 per employee per year, even while footing the bill for equipment for the employee to work from home. Businesses are also seeing real and valuable benefits from letting staff go remote. Read on to learn more about remote work, through real and fascinating statistics. She teases that she charges clients extra if she has to travel anywhere that’s too cold, too hot, too humid, or too buggy.
This universal access is crucial for businesses with a distributed workforce, ensuring that all team members, regardless of their location, have the same resources at their fingertips. Moreover, Splashtop’s commitment to continuous innovation ensures that it stays aligned with the evolving needs of remote workers. Features like remote printing, file transfer, and session recording are not just conveniences; they are essential elements that replicate a physical office environment in a virtual space. The landscape of work has undergone a profound transformation recently. Remote work, once a peripheral concept, has rapidly ascended to a dominant position in our professional lives. This dramatic shift was significantly accelerated by the global pandemic, which compelled businesses and individuals to embrace the virtual office.