Embracing The Future Of Working From Home
Companies are pondering how best to deliver coaching remotely and how to configure workspaces to enhance employee safety, among a host of other thorny questions raised by COVID-19. For their part, employees are struggling to find the best home-work balance and equip themselves for working and collaborating remotely. One survey suggests that companies can save $11,000 annually on average per part-time remote employee, translating to 21% greater profitability. Moreover, 34% of employees responding to a 2019 Owl Labs survey indicated they’d take a pay cut for a remote position. They’re more readily able to schedule doctor visits, eat healthier food, work out and practice better self-care habits.
Remote employees also have flexible schedules, meaning they can work during their most productive periods. Over nine months, Stanford’s study of 16,000 workers found that working from home increased productivity by 13%. The increase in performance resulted from a quieter, more convenient working environment and more minutes per shift. But researchers also caution that teleworking is rarely an all-or-nothing arrangement.
Remote workers on average earn $19,000 more than in-office workers
So, in this case, the employee will clock in 40 hours a week but in a schedule that fits them. Instead of 9 to 5, they might decide to work some hours at noon and the rest after midnight. With the flextime model, employees can choose their working hours and create their schedules. As long as they fill their hourly quota for the week (typically 40 hours a week for full-time jobs), they can decide the hours. None of us have a playbook for exactly how to transition from a traditional office setting to a mostly work-from-home life. But with the right mindset—and the right tools—remote work can be better for your life and your career.
As some companies move to adopt broader telecommute policies, others such as Yahoo! have publicly retreated from allowing workers to perform their jobs away from headquarters. Companies have cited the need for office “face time” and the benefits of spontaneous interaction among reasons to avoid remote work, even for highly skilled, autonomous employees. Even as remote working seemingly leaves room for slacking, many employees working from home find it difficult to break away from work at the end of the day. Unlike working in an office where the end of the workday is heralded by closing your computer and going home, remote working often leads to employees working more hours than a normal working day. As it happens, on average, remote employees in the pandemic are working 26 extra hours every month, amounting to almost one extra day every week, according to the Owl Labs survey.
New work: Why remote is here to stay
At McKesson, we care about the well-being of the patients and communities we serve, and that starts with caring for our people. That’s why we have a Total Rewards package that includes comprehensive benefits to supportphysical, mental, and financial well-being. Our Total Rewards offerings serve the different needs https://remotemode.net/ of our diverse employee population and ensure they are the healthiest versions of themselves. McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable.
Individuals are encouraged to assess their work-life circumstances and individual situation and communicate their concerns and needs with their supervisor when exploring and reimagining work moving forward. Remote work will look differently across positions, some staff can easily work remotely, while others may adopt a hybrid model. Due to the responsibilities how companies benefit when employees work remotely of their positions, certain NJIT positions are not eligible for flex work. But the onus for making remote work a success does not fall solely on employers. Employees also need to cultivate effective routines; set boundaries with managers, colleagues and family members; and make an effort to stay socially and professionally engaged, Jacoby says.
What to consider before embracing remote work
Plus, saving on electricity and reducing your commuting will make your company greener and eco-friendly. Research suggests you can increase job satisfaction by allowing your employees to work from home or with a flexible schedule. And, we all know that happy employees are far more likely to keep their jobs long-term. Pandemic shutdowns and social distancing restrictions have forever changed the way companies search for and hire new employees.