By Sharon Jones

It is very difficult to determine a company’s longevity now; there are so many different factors that mean even well respected and high earning businesses could struggle in such economic climates. In this respect, it can be very difficult to look after your business efficiently, and it can be even harder to look after your employees. We need our employees to complete the adequate tasks. And lots of businesses are taking the approach to outsourcing key functions in a bid to save money, but the better option would be to send your workforce home. Not fire them, but get them to work remotely. So, how could it save your business?

The Reduction In Cost

This is the best place to start. In having a percentage of your workforce stay at home, the costs you will save can be momentous. There may be a few investments to make up front to accommodate remote working capabilities, such as the hiring an IT company to encrypt the data, but also purchasing suitable computers so they can complete their work. There are various IT companies you can consult, and there are computers that don’t have to be hugely expensive, and you can look on for the best quality laptops, but ones that are suitable for your budget. The other major cost, if remote working proves to be successful for you, is that you can do away with the office, or downsize to a smaller base of operations. The money you would save alone on rent and additional building costs may be the way for you to revive your business if it is flagging, or you can apply them to additional resources to help your business improve. By cutting a sizable chunk of your expenses, you can implement e-learning resources. There is a handy article on on developing e-learning courses so you could view it as an investment in your employees.

Increasing Reliance On Your Employees

For all of the pros and cons that have been endlessly debated when it comes to remote working, the one positive that should be taken away from the perspective of the employer and the employee is that, in many ways, you are increasing the flexibility of your workforce. Working from home is something that many people would love to do because it saves on transport costs, but it also helps with regards to personal issues, like childcare. Remote working, in this respect, can be a real lifesaver, but many companies don’t have the option in place. When you look at it from the perspective of an employee that has to make the commute to work, it means that you can guarantee that they will be “in work” on time. And with this, as well as increased options for communication, it could result in a major increase in productivity.

Remote working can be a vital resource for you and your employees if you do it correctly. In addition to the personal and financial benefits on your employees, remote working can result in a more positive work culture, and if you implement a monthly meeting in person, or set up regular chats with your employees, you are making sure that you are maintaining the personal touch. Is remote working the savior of your business? It may very well be!

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