Small Businesses have no room for unnecessary expenses,
Their budget is very limited,
It becomes very important for small business owners,
To make the best out of their resources,
To gain new profit margins in the market,
One such catalyst for growth for small businesses is remote workers. In fact, around 40% of employees work remotely in Canada today which is helping business owners achieve their desired results efficiently.
In this article, we take a closer look at the benefits of hiring a remote workforce for small business owners.
Definition of Remote Work
Remote Work refers to a working setup that allows Professionals to work from their homes using relevant tools and software.
Instead of commuting every day to the office. They execute their tasks and projects from home. They enjoy the benefit of work flexibility which makes it easy for them to manage their professional as well as personal lives.
Benefits of Hiring a Remote Workforce
Here are some key benefits that small business owners enjoy by recruiting remote employees:
- Boosts Productivity
Studies have shown that remote employees have better productivity because of limited distractions, traveling schedules, and a better work-life balance. This boosts their efficiency to achieve the organization’s desired outcomes smoothly and timely.
- Saves Business Costs
When employees are hired remotely, businesses do not have to pay for their traveling, miscellaneous, office furniture, and electricity expenses. This saves them a lot of finances that they can invest in other areas of improvement.
- Access to a Wide Pool of Skill Professionals
Remote hiring eliminates any employment barrier. As a result, you get access to a wide pool of professionals that have the high skillset and right expertise. This helps you to deploy the right person for the right task.
- Better Engagements
Remote employees show few absentees and better engagements. As they enjoy flexible working hours, they remain focused on their tasks. According to a survey, 81% of fully remote workers show better engagement when provided with the right tools and equipment.
- Better Employee Retention
Remote work help businesses retain staff members. Deploying employees, again and again, would put an extra burden on your business budget. Instead, employers can reassign projects to employees without looking somewhere else. Remote workers also feel appreciated as they can spend quality time with their family and friends by enjoying a flexible working schedule.
- Healthy Work Environment
71% of remote employees agree they feel good about their working culture. This makes them feel motivated and appreciated that brings the best out of them in their performance. Moreover, it contributes to their mental healthcare making them more enthusiastic about their work.
- Better Contribution to Green Environment
Businesses that take care of their surroundings, make their brand trustworthy and responsible. Having a remote workforce make your business save energy, paper-related work, decreases carbon emissions, and contributes to the betterment of the environment.
Small Businesses play a key role in boosting the GDP of a country. Around 98% of organizations in Canada are small-scale businesses. And remote workers are contributing equally to their overall development.
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