The Pro's and Con's of Remote Working

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Virgin Media Business predicted by 2022, there will be an increase of 60% employees who will work remotely rather than offices. This can benefit both of the employees and employers for various reasons such as costs. Still, there are also disadvantages to remote working such as the need for new technology in order to stay progressive with their business, and ensuring pressing work are completed.

Advantages

Reducing operational costs

There are many advancements to cloud-based technology which increases connectivity between the employers and employees. For example, meetings can be conducted through video conferences. This can reduce travel costs and stress in travelling for meetings. This can also benefit small start-up businesses by keeping operational costs low such as smaller office spaces.

Increasing productivity levels

Work can also be shared very easily on cloud-based systems such as Google Drive, so remote workers can still access their work, and seek other information shared by other employees. This streamlines the process of sending and waiting for documents through emails, which can increase productivity levels and the collaboration culture.

Diversifying options for retaining and future talent

Working at home is an attractive option for current employees and for future talent. For many, this would reduce their stress levels in travelling to their workplace, so they can focus on their workload at home. This is prevalent with employees over 65, as most individuals by that age hold more responsibilities which means they require less supervision.

Likewise, millennials who are searching for roles which offer work-life balance would also be attracted to this prospect which can increase the talent pool for employers. This is due to the freedom of managing their own time from the comfort of their homes, which can also boost morale and retaining employees because of job satisfaction.

Disadvantages

Maintaining schedule

The downfall of working remotely includes a lack of schedule. Reasons include distractions at home, such as tending to your children’s needs thus forsaking work. So, managers must stay updated with their remote employees to achieve their objectives for the day, and by setting a clear schedule of when tasks should be completed.

Miscommunication

As remote employees are working freely in their own homes, there can be miscommunication with clients as their managers are not there to supervise them. For instance, should the clients result in being dissatisfied with the work the remote employee provided, and it did not create the intended result - the client can take legal action. To stay protected, professional indemnity insurance should be taken out to cover possible legal costs and compensation. Hence, managers must stay contactable throughout business hours, and meeting physically so their employees’ performance can be checked.

Investment in technology and IT support

Not supervising remote employees can be detrimental to the business if the wrong decision is made. Therefore, communication channels should be more open, such as the usage of instant messaging instead of email such as Whatsapp to make a quick enquiry to their managers. This can still create the appearance of unity and team building. However, investment in technology and IT support, such as work phones and keeping information secure can be costly in maintenance.

Final thoughts


Although there are benefits in remote working for employees, there needs to be an investment in technology by businesses in this modern day. This is essential to improving communication, time-keeping and keeping crucial information secure. Professional indemnity insurance is also beneficial for all businesses to stay protected from legal and compensation costs. Attracting and retaining talent this method can lead to job satisfaction and reduced overhead expenses.

 

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Tuesday, 18 September 2018
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