The new generation doesn’t have much patience for the regular 9-to-5 job. Companies looking to attract the top talent should look into benefits such as remote work and unlimited vacations to stand out from the rest. Working from home or remote work has a number of advantages for employees. In this article, we’re listing some of the main benefits of working from home for both employees and employers alike.
1. Provides a Good Work-Life Balance
The most important benefit of remote work that immediately comes to mind is work-life balance. Many companies offer flexible work schedules that allow employees to start and end their day as they choose, so long as they complete their work on time. Flexible schedules and remote work can be invaluable when it comes to taking care of one’s personal life.
Many employees have other responsibilities they have to tend to, including picking up kids from school, doing grocery shopping, running to a doctor’s appointment, attending classes, and more. This merger of work life with personal life can be instrumental in securing loyalty since remote work leaves them free to do other tasks.
2. Saves Money
Commuting costs money. In fact, people who work from home can save at least $2000 or $6500 every year. Car maintenance, gas, having a wardrobe, lunches, child care, parking fees – all mount up to a sizable amount that could be spent elsewhere. Remote working frees up a lot of money that can go back into their coffer.
3. Saves Time
Did you know that the average person spends an hour each day commuting to and from work? Add to this the fact that most motorists spend about 42 hours stuck in traffic jams every year, and we’ve got potential for stress. Working from home eliminates the need for commute and could even help the environment depending on how many days were spend telecommuting.
The time saved traveling could allow employees to squeeze in some extra 5 to 10 minutes to sleep in the morning, spend more time doing workout, spend time with family members, and even getting a head start at work.
4. Helps the Environment
With all the talk of electric vehicles and fuel-cell cars, the fact is that we’re still a long way away from reducing greenhouse gas emissions with modern-day cars. Staying at home can actually be useful for the environment, says a report titled “State of Telecommuting in the US Employee Workforce.” The report says that employees working part-time from home are able to save 7.8 billion vehicle miles, which means that 3 million tons of GHG are avoided, with oil savings amounting to almost $1 billion. These are big numbers, which can only increase if employers adopt a more flexible work policy.
The consultants at JS Benefits Group can help you restructure your existing benefits plan so that it aligns with your company goals. Click here to schedule an appointment.
