Businesses all around the world have started making decisions about what their work structure would look like as the world has begun to reopen. While remote hiring has been an integral part of businesses during the pandemic, some companies are itching to get their employees back to the office.
On the other hand, an even higher percentage of businesses have either opted to work with a hybrid workforce or permanently adopted the remote work model.
Pandemic or no pandemic, it is evident that remote work isn’t going anywhere. If you’re a business owner unsure whether or not remote hiring is for you, here are the top reasons you will benefit from hiring remote workers.
7 Benefits of Remote Hiring in 2021
1. Access to a global talent pool
When you stick to a set location while hiring employees, you limit your talent pool. On the other hand, remote hiring allows you the freedom to access the best talent irrespective of geographical restrictions.
Remote hiring allows you to find experienced software developers at an international level. This means you’ll have a broader range of talent and experience and can build a workforce solely based on skill.
Additionally, Millenials have gotten used to the freedom and flexibility that comes with working remotely. Therefore, if you want to attract young and skilled talent, remote hiring is your best bet.
2. Higher Productivity
Long hours in the office doesn’t mean increased productivity. In fact, it may very well mean lower productivity, a decrease in the level of performance, and unhappy employees.
On the other hand, remote workers aren’t exposed to the distractions that traditional employees face. Without impromptu meeting requests and idle workplace conversations with their coworkers taking up their time, remote workers can get more work done in less time.
People have the freedom to focus exclusively on getting their work done.
Additionally, they can work during their most productive hours, whether 2 in the afternoon or 4 in the morning. They can create their own workspace in an environment that boosts their productivity and performance.
Remote hiring allows you to build a team of intrinsically motivated remote workers, and this can only mean good things for your company.
3. Improved employee loyalty and retention
Suppose you want to hire employees who are talented and ensure they stay with your organization. In that case, you need to take into account the factors they consider while choosing a job. The top two of those factors are happiness and job satisfaction.
Additionally, 81 percent of people have said that the freedom to work remotely will make them more favorable to recommend their company to someone else.
Allowing your employees to work remotely shows them that you trust them to do their job without constant supervision. This builds trust and loyalty towards the company and boosts employee retention.
4. Lowered business expenses
Reduction in business expenses is one of the more tangible effects of working with a remote workforce.
When you have employees working on-site, you have to cover various expenses like office supplies, real estate costs, electricity bills, cleaners, and more.
A report by Global Workplace Analytics underlines how an organization saves over $11,000 a year for each remote employee.
With all the money you manage to save, you can consider covering your employees’ remote work expenses as a gesture of goodwill. While this doesn’t dig a hole in your pocket, it boosts employee satisfaction and gives them another reason to stay with your company.
5. Environmental benefits
While remote hiring is undoubtedly a win-win situation for both businesses and employees, let’s not forget the positive impact a remote workforce has on Mother Earth.
According to the Environmental Research & Education Foundation, with more businesses hiring remotely, business waste generation was brought down by 67 percent.
Employees have moved to digital document management systems, reducing the generation of paper waste. Additionally, cafeteria waste like disposable paper and plastic cups and plates has also dropped with businesses hiring remotely.
The amount of gasoline that vehicles engines burn each day creates hazardous pollution. However, remote work has eliminated the need to commute every day. This single factor has shown a drastic reduction in greenhouse gas emissions.
This change doesn’t just help us breathe clean and healthy air; it also lets us minimize the harsher consequences of climate change. For example, shrinking glaciers, wildlife extinction, forest fires, higher sea, and more.
6. Better time management
While the reduction in commute helps the environment, it also saves time and money that employees can better utilize in other aspects of their work. They don’t have to deal with the stress that traveling during peak hours adds to their mental health.
With a remote work setting, people can focus primarily on getting their work done instead of wasting time on things like traveling.
Employees don’t need to stay at their desks even if they feel like they can’t get any work done. With remote working, they can manage their time more efficiently and create a schedule incorporating their daily tasks with their work.
7. Benefit from a more diverse team
While remote hiring gives you access to a broader talent pool, it also brings together people from different walks of life. With their varied cultures and life experiences, you can diversify the way you operate your business by considering the other skills your team brings to the table.
A diverse team with different opinions will offer a wide range of creative solutions, which will give you an edge over your competitors. In fact, a study by Deloitte shows that businesses that promote an inclusive culture are eight times more likely to attain better results and two times more likely to reach or exceed their financial goals.
While you now understand the different reasons to build a remote workforce, finding and hiring skilled and experienced engineers can be a taxing task.
Additionally, it takes a lot of time and effort to ensure that the engineers you find can handle the challenges they may face while working with your team.
If you’d like to hire remote software engineers within days instead of weeks, you can check out Turing. Turing offers a curated talent pool of the top 1% of 700,000+ software developers. Furthermore, you can work with your chosen developer for a trial week for free before you decide to hire them.
On the other hand, if you’re a software developer looking to work for a US based firm, you can register with Turing and go through our vetting process to find remote jobs hiring now!