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Benefits of Remote Working For Employers and Teams

Remote Work and Hybrid Work

As a growing trend in the business landscape, working remotely continues to gain popularity. Knowing the benefits that remote working can offer, might help to show why more and more businesses are turning to this approach.

Here we’ll showcase 8 benefits that come from this practice. From the employer’s side, as well as for employees. Plus, we’ll demonstrate how resource planning software can give you an extra advantage.

What Does Remote Work Mean in 2022?

Working remotely. Teleworking. Working from home. Telecommuting. Whatever you call it, remote teamwork is on the rise. In 2019, there had been a 91% growth in remote work from the past 10 years. And that was before the global pandemic that changed the face of the office as we know it.

According to a Business Insider report, even more traditional industries such as legal, marketing, project management, and engineering are joining the remote trend.

Remote work is a style of work that is done outside a traditional office environment.

And it is any work done without needing to commute. “Needing” is key here, because although many telecommuters do indeed work from home, you could also work from a hybrid office, or a co-working space, or in a city on the other side of the country. People who work remotely can do so fully, or even just 1 or 2 days a week. Freelancers and entrepreneurs may also qualify as remote workers.

With remote work, it is assumed that there is a technological component attached. So most virtual teams utilize different tools and software to keep track of projects and tasks. As well as communicate with one another.

Benefits of Remote Work for Employers

  • Reduces costs.
  • It increases the employee talent pool and workforce diversity.
  • Employees are more productive
  • It can reduce employee turnover

1. Reduces Costs

Remote work can be more cost effective for both employees and employers

With fewer people in the office, there’s less need for huge office spaces. Or office equipment, furniture, coffee, and daily cleaning services. All in all, even if only part of your team is working remotely only some of the time, your company will save money. This is true for the emerging hybrid workplace models. 

Huge corporations have reported their savings in the millions of dollars when they let their employees work from home. But even small and medium sized businesses save an average 11,000 USD per year.

How to Increase the Benefits:

Software can save more money

Going remote is a great time to do an audit on your workflows, systems, and tools. Ubiquitous apps like Excel seem like a great way to reduce your costs even more, but spreadsheets don’t cut it for remote project management.

Instead, help save your company even more money by investing in specialized remote work software that will keep you and your team connected. And once you replace Excel with something far superior, I guarantee you won’t even miss it.

2. Increases Employee Talent Pool and Workforce Diversity

When you utilize remote teams, it means that you have access to a global pool of talent. Because you’re location independent, digital nomads from anywhere in the world can join your team.

This gives you more opportunities to diversify your workforce and recruit people you might not be able to otherwise. Global talent helps bring in new ideas, opinions, and skill sets and lets you build your dream team of workers. It’s no wonder that more diverse teams are 35% more likely to outperform a non-diverse workforce.

How to Increase the Benefits:

Easily track availability across time zones

Dealing with various time zones might seem like a headache, but with software, this process is a breeze. Ganttic, for example, lets you input employee availability and track their specific working hours. Under “worktime settings” you can edit the business hours for each employee and even schedule lunches or break times down to 15 minute intervals. This helps monitor your team as well as makes it easier to sync up for meetings.

Customize and group your resources

An additional feature of remote work software is the possibility to add information about your workforce. In Ganttic, you can add custom data fields to your resources regarding any data you find useful. For example, add in the resources’ specialized skill sets and plan projects around those groupings. This is an easy way to quickly make decisions on how to set up the perfect remote team.

3. Employees Are More Productive

Want your team to work more productively? Have them stay home. Seriously!

In a 2 year study by Stanford University, those who worked from home witnessed an incredible increase in productivity. Employees took shorter breaks, had fewer sick days, and took less time off. Things like cutting down on workplace distractions (watercooler breaks, noisy offices, and the often lingering smell of last week’s microwaved fish) and allowing employees to recover at home from illnesses go a long way to work more efficiently.

How to Increase the Benefits:

Get a Gantt and visualize plans

Keep your team even more productive by using software with Gantt charts. These can help visualize your plans, so you can see the best way to schedule resources to tasks and projects. Keep track of all your resources and monitor your progress with merely a quick glance. And because everyone has access to the plans, you’ll all be on the same page and working towards the same goals.You can even combine Gantt charts with Kanban, to create your own unique workflow.

***Real life case study***

Allison Stroebele, from Pure Technologies, was looking for a more efficient way to manage her dispersed team. After implementing Ganttic throughout the offices in Canada, Mexico, and the U.S., Allison and the management team saw efficiency increases almost immediately.

“We’re more efficient in our jobs. We can track at least 80 pieces of equipment now as well, which wasn’t practical previously. As soon as we started using Ganttic, our tool support people said, ‘This is awesome, we can track every single piece of equipment. We can keep track of where everything is in real-time.’ So it gives everybody better visibility on where equipment and technicians are and what they’re doing.”

See more from our case study on how Pure Technologies gained efficiency and became more productive with their dispersed teams.

***

4. Reduce Employee Turnover

One benefit of remote working is that your employees will be happier and more loyal.

Giving your employees the chance to work remotely is a real incentive for new hires and a way to keep your workforce stable. The same Stanford University study found that for those who worked from home, employee attrition decreased by 50 percent.

Reducing employee turnover sets off a chain reaction of other benefits. On-boarding costs are reduced. Workers feel more loyalty to their company and are more willing to work overtime. Your company can make better long-term plans and you can offer more accurate forecasting for your stakeholders.

How to Increase the Benefits:

Customize future plans

Resource management software is incredibly useful for long-term planning. In Ganttic, you can plan for the future via data fields. Customize the statuses of your projects and tasks with unique information.

For example, you can specify if a task is merely planned, or if it’s approved, contracted, paid, or waiting on a certain piece of equipment. Even if your plans are on hold, you can allocate your resources. That way you’ll always have the right capacity for your projects.

Automatic reports for forecasting

Software can also create automatic reports. This can be especially helpful if you want to share your plans for growth with your stakeholders. With the push of a button, you can have the reports generated at various intervals. This will give you and your bosses a consistent view of your team’s performance and can make predicting your company’s future far more accurate.

Benefits of Remote Working For the Employees

  • Reduces costs
  • Saves time and helps the environment
  • It’s flexible
  • Improves mental and physical health

5. Reduces Costs

Remotely working can reduce costs for your workforce too. It’s estimated that the practice can help save telecommuters 7,000 USD per year! That includes costs arising from transportation, clothes, food, and child care.

How to Increase the Benefits:

Schedule holidays more easily

What can your employees do with all these savings? How about putting it towards their dream vacation? With the right remote work software, scheduling in these vacation times is a cinch. In Ganttic, you can schedule a task and mark it as “Holiday.” Done. You can also color code them as you like to make it easier to spot when you’re looking ahead.

6. Saves the Environment

Commutes are killer. Not only does it take a toll on the workers who average 60-80 min per day. But it’s hard on the environment as well. In the United States, 29% of greenhouse gas emissions came from transportation and much of this occurs because of our daily commutes. Offices are also a source of environmental problems.

Without the commute, you get the gift of an extra hour each day. An hour to work more productively or spent doing the things you enjoy: going to the gym, writing your novel, or relaxing with a smooth Scotch. Cut out the commute, put your time to good use, and help the earth.

How to Increase the Benefits:

Check your work schedule from anywhere

It’s simple to work from home via cloud-based software. By merely opening your laptop or accessing a mobile app, you can check in with the office or team. Cross platform software allows you to check your plans from any synced device anywhere in the world.

More eco-friendly than an office

Not only does it reduce your carbon footprint by eliminating your commute, but working from home means a reduction in office supplies. There’s no longer a need to print the weekly schedule if everyone already has access to it via their devices.

7. It’s Flexible

remote work is beneficial for those looking for a more flexible lifestyle.

With rising life expectancies, the cost of living increasing, and the stark realization that more than half of workers over 50 may lose their job at some point, it is becoming imperative for older people to work past retirement age. However, mobility issues and health problems make it difficult for older people to adhere to the traditional 9-5 in a brick and mortar office. Because 74% of older Americans want job flexibility, remote working is becoming a great employment option.

Likewise, many younger people are choosing remote work due to its flexibility. Its work-life balance and non-traditional working hours means people can spend more time with their families or partake in hobbies that aren’t suitable for the conventional office lifestyle. Digital nomads, for example, don’t have to give up their love of travel when they work remotely. And more balance can help reduce risks of employee burnout.

How to Increase the Benefits:

Easy scheduling and rescheduling

Software can help your workers of all ages stay on task, while also being flexible. One of your teammates have an unanticipated doctor appointment or a medical emergency? In Ganttic, quickly drag and drop your tasks or reallocate your resources when an unexpected change occurs. Save it and the changes are applied automatically for all to see. By maintaining flexibility, you can fix problems before they even start.

Automatic reminders and alerts

What if a plan changes, how do you alert the rest of your team? Don’t bother with emailing them all out separately or even a group Slack message that will undoubtedly get buried. With the right software, you can set up automatic notifications to alert users when these changes take place. Or add reminders when tasks are about to start. You don’t need to micromanage your team if you have the technology to help them stay on track and see the big picture.

***Real life case study***

UK-based Pegasus consultancy has been utilizing this team structure for years now. And when it comes to scheudling remote freelancers they were constantly running into project capacity challenges. To solve this, they implemented Ganttic’s online resource planning tool into their workflow.

Pegasus’ management began grouping their resources by specialty: designers, art workers, copywriters etc. They then added both freelancers and the core team to create an overall picture. With that, they could begin estimating when their resources are free and able to take on new projects. Or whether they need to hire more freelancers.

See our case study for Pegasus consultancy for more details.

***

8. Improves Mental and Physical Health

Traveling to the office everyday is bad for your health. Not only do commutes stress people out, but it’s time they could spend exercising or sleeping. And once you get to the office, it’s oftentimes not any better. We’ve all heard that sitting is the new smoking. Couple that with the birthday cakes in the breakroom, caffeinated sugary drinks to stay awake, and fast food lunch options and you have a recipe for an unhealthy lifestyle that will last until you retire.

Research shows that telecommuters are happier. A survey on remote workers found that 71% of them were happy in their jobs, 29% more than on-site workers. With less stress from the commute and more time to pursue their passions, it’s not surprising. Switching to remote work even once a week is an easy way to ensure happier and healthier employees. Which is a bonus for everyone.

How to Increase the Benefits:

Stress-free syncing

Keep your work plans stress-free by syncing your resource planner with Google Calendar. This is an easy way to keep plans centrally located, notify your team of changes, and ensures that you don’t double-book your resources. Even if your team is out of the office for the day, they’ll get the alerts via their GCal. Or take it a step further with software that allows for API integration. This can link your planner to any other software with API capabilities.

Going the Distance with Remote Teamwork

Ganttic is remote team software for project management, resource scheduling, and project portfolio management.

If you’re hoping to reap some of the benefits of remote work, now’s your chance. Trends show that it’s here to stay and that more and more employees are looking for the opportunity to work remotely. There’s no better time to start. Just make sure you have the right remote tools to manage your resources and which can be shared with your whole team, no matter their locale.

Ganttic can help with that. We offer unlimited shareability for unlimited collaboration. Embrace the future and let’s get some work done, together. Wherever you are.

Interested in some remote work software? Start your free trial today!

Improve your remote workflow. Try Ganttic for free
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