Remote work: Should your business return to the office?

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Remote work: Should your business return to the office?

Posted 19 March 2021

In short, the answer of whether your business should return to the office is, yes probably. However, after over a year of working remotely, many business owners are confronting crucial changes which may affect this decision. Planning a workplace model for any recruitment or tech business post-pandemic would have to consider many factors including productivity, culture, and cost. 🤔

The main question to ask is what the future of work looks like in YOUR company?🔮

 

Productivity

Stats show that there is an apparent increase of productivity at home compared to an office environment. Research claims remote workers put in an extra 1.4 days more every month compared to office workers, because they are willing to work longer hours and less likely to take time off (HubStaff Blog). But is this really true? 👀

A ‘Buffer Survey’ on Recode (Vox) highlights the biggest struggles of working remotely, with distractions, lack of motivation, and loneliness being key factors. So, although you may feel as though you are getting more done, are you really? You may be working longer hours but it’s about what you’re putting into those hours which counts. 🕑

Recruitment Business: From a recruitment business perspective, working in an office for at least a few days a week is vital to encourage creativity and learning, leading to surprising breakthroughs and innovative ideas. Bouncing ideas off one another and discussing important decisions are less likely to take place as often over Zoom or Slack. 🖥️

Tech Business: A tech business can definitely work more remotely than a recruitment company. A potential downside is that remote work requires reliable, secure at-home broadband connections that can power the level of work being carried out by software engineers. However, many tech businesses, especially in US, opt for remote work as they are able to attract the best talent globally. 🌍

 

Culture

The company mission, vision, and values, and expectations for positive working relationships aren’t spatially bound, however, the face-to-face time that’s always been so critical for building relationships and trust may become more limited as solely remote-employee numbers grow. According to Gallup, working remote sees 10% of people less likely to say they care about colleagues at work, 10% less likely to say they are recognised for their contributions and 5% less likely to feel like their opinions count. A few mandatory office days goes a long way to making a worker feel like part of the team and culture. 💙

Recruitment Business: It’s much easier for a recruitment business to continuously develop a positive workplace culture aligned with it’s mission, vision and values when everyone is working in the same offices. When you put a bunch of like-minded people together, a community develops. 🧑‍🤝‍🧑

Tech Business: It may not appear to be as important or convenient for a tech business to have in-person meetings, but it is good to make use of messenger or video call software to keep everyone updated and involved on relevant departmental and company news/achievements. Your organisation's culture is one of the most valuable assets at risk by working 100% remotely. 😬

Cost

After everyone settled in with working remotely, many businesses appreciated the cost cuts of leaving the office. Renting can be expensive, especially when there are additional fees for buying supplies, furniture and equipment. According to Global Workplace Analytics, a typical company can save around $11,000 per year for every employee who works from home at least some of the time (Flexjobs). But does saving money on an office outweigh the cost of losing your culture and values? 💰

Recruitment Business: The cost of renting office space is one of the largest ongoing costs for any recruitment agency, especially ensuring there is desk space for a growing workforce. However, for a recruitment business to grow and succeed it is vital to have the space for new employees and the opportunity to come together at least a few times a week to collaborate ideas and improve overall efficiencies. 💡

Tech Business: Since onsite workplaces aren’t as common or necessary for tech businesses, overhead costs can be drastically cut by hiring remote teams rather than on-location teams. Remote tech employees often operate at lower rates than internal employees as well, which means more savings, better ROI and wider talent searches.

Is a Hybrid model the way forward?

Marissa Meyer, chief of Yahoo, says, “People are more productive when they’re alone, but they’re more collaborative and innovative when they’re together” (Recruitment Software). Building a hybrid model for your business offers flexibility and allows your employees to have a mix of the best of both worlds. With so many businesses now offering a more flexible model, tech companies who were once against the idea, such as Shopify, Twitter and Facebook have now seen the benefits. If a business isn’t 100% tied to specific locations, their teams have the luxury of employing talented professionals from all over the world. Same way with not being solely tied to remote work, it’s easier to develop and maintain a positive workplace culture. Although not so important for a tech business, for a recruitment business it’s definitely necessary to ensure there is a space the team can work from and meet. With no direct supervision, there’s a risk for recruiters to take slack off and form bad habits. The key to finding the right balance is the hybrid model which allows recruiters to achieve a work-life balance and be part of a successful culture - creating an exceptional recruitment team. 🚀

👉🏾 For tips on how to be best whilst working remotley check out this artcile by Ryan Wilcox via Toptal - https://www.toptal.com/freelance/how-to-work-remotely-and-still-be-the-best 👈🏼

☁️☁️☁️☁️🚀☁️☁️

 

Resources

https://www.vox.com/recode/2019/10/9/20885699/remote-work-from-anywhere-change-coworking-office-real-estate

https://blog.hubstaff.com/remote-workers-more-productive/#:~:text=Another%20survey%20calculated%20that%20remote,likely%20to%20take%20time%20off

https://www.flexjobs.com/blog/post/benefits-of-remote-work/

https://www.recruitment-software.co.uk/remote-working-vs-office-pros-and-cons-for-recruiters/

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