Embracing a remote or hybrid work model and hiring remote workers is long-term strategies that can create many positive returns for the business.
1. Accessing a wider talent pool
Employers are struggling to staff millions of open positions, but unemployment is low. By hiring remote workers, many companies find they’re better positioned to meet their hiring goals. Remote workers can access in-demand talent outside of their local market — or even their state or country.
2. Attracting more skilled applicants
Many job seekers are keen to target employers outside of their local market, too. Opening the door to recruiting skilled talent without concern for geographic boundaries raises a company’s chances of connecting with job applicants. More than half of professionals polled said they’re interested in finding remote positions at companies based in a different city or state.
3. Boosting retention
Hiring remote workers for contract assignments also helps employers avoid overloading their core teams so they don’t burn out. The ability to work remotely allows workers to find a better work-life balance, which has a positive impact on their overall well-being.
4. Transitioning to the future of work faster
These companies have been enhancing their digital capabilities and growing their use of cloud computing and automation. In many situations, this acceleration toward the future of work has aided many organizations in increasing productivity and creativity. They have the digital communication and collaboration technologies in place to enable an “anywhere workforce” and confidently recruit more remote workers as needed to meet fast-changing company demands. Throughout the epidemic, these companies have been upgrading and extending their digital capabilities, including expanding their use of cloud computing and automation.
5. Increasing agility and resilience
Despite the benefits, many employers are still on the fence about allowing remote work. The pandemic has changed many things, and top among them is employees’ desire to have more flexible work arrangements. Without remote work, business continuity during the pandemic wouldn’t have been possible for all kinds of companies.
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