Work From Home Jobs Are Beneficial Or A Loss For Companies?

Work from home opens new opportunities for both employees and companies. Though there are certain disadvantages also to working from home, which you can read in this article.
Work From Home Jobs Are Beneficial Or A Loss For Companies?
Work From Home Jobs Are Beneficial Or A Loss For Companies?

Work from home opens new opportunities for both employees and companies. With the outbreak of Coronavirus, many companies provided their employees with work-from-home flexibility to balance their business operations accordingly.

Working from home was on the rise before the coronavirus pandemic, as many businesses recognized the benefits it may offer to their business and the better work-life balance for their employees. Even if you do not believe that working from home will benefit your company, workers with 26 weeks of service have a statutory right to seek flexible-working arrangements such as home working, and you, as an employer, must seriously examine such requests.

With a rising number of people working from home or utilizing the home as a working base for at least part of the week, it's evident that there are several advantages for businesses, including:

Performance can increase up to 13%

Working from home increases productivity by 13%, according to a Standford study of 16,000 workers conducted over 9 months. This performance improvement was related to more calls per minute due to a calmer, more pleasant working environment, as well as working longer minutes each shift due to fewer breaks and sick days.

Workers in this research also reported increased job satisfaction, and attrition rates were reduced by half.

Working from home can boost productivity by up to 77%

According to a ConnectSolutions poll, 77% of individuals who work remotely at least a few times each month report greater productivity, with 30% performing more work in less time and 24% doing more work in the same amount of time.

Disadvantages of working from home

Though there are certain disadvantages also to working from home, most of the problems apply to individuals who work from home for the majority of their working week rather than just a portion of it:

Difficulty monitoring performance: There may be difficulties controlling and monitoring home workers' performance. Monitoring may also elicit differing degrees of optimism in different personalities. You might consider defining readily quantifiable goals and targets for employees so that if their aims are not fulfilled, you can discover and correct any performance concerns early on.

Potential burnout: Unlike an office, where there is an obvious physical difference between work and family life, working from home might cause employees to struggle to distinguish between work and home life.

Employees may struggle to know how to turn off from work, resulting in longer hours, higher stress, and inevitable burnout. Employers should urge their employees to take frequent breaks and remind them of the value of taking time off.

Work From Home Jobs Are Beneficial Or A Loss For Companies?
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