There was a time when remote work was practically impossible. Centralized workplaces were and have been the norm for many years. Today, however, technological advancements and the need of the day (with the Covid-19 pandemic), have made remote work and remote staffing not only possible but required as well. Remote staffing has its share of detractors, but it offers many benefits such as the ability to hire a global workforce, and much more.
Here are 5 advantages of remote staffing to consider:
1. Access a Larger Pool of Talent
When companies have a set location from where they hire their employees, they inevitably limit their talent pool. The best IT developer, for example, may not be located in the area where the company is situated. But in today, technologically-advanced era, why should companies be forced to accept the limitations of physical proximity? Today, people can connect with each across borders in an instant via the internet and any number of software programs and apps. One of the biggest advantages of remote staffing is that companies get access to a worldwide pool of talent. A remote staffing agency can help you reach the best talent in your industry no matter where you are situated. This significantly increases your chances of hiring the perfect fit for your company or department.
2. Scales Back Business Costs
Office costs add up, from utility bills, furniture costs, maintenance and repair costs, and office supplies to staggering real estate costs, and much more. Contrast this with hiring a remote workforce. Companies get to scale back their business costs in a big way. A research-based consulting firm, Global Workplace Analytics found that companies save $11,000 per employee in a year by shifting to remote work 50% of the time. Giants like IBM saved $50 million in just real estate costs by switching to remote work. Working with a remote staffing agency allows companies to hire staff according to their workflow and project requirements.
3. Improves Employee Productivity
It may seem counter-intuitive but employee productivity increases with a remote staffing team. Remote work leads to fewer distractions from colleagues who want to chit-chat during office hours. Moreover, remote work can allow employees to work during the time they are most productive. A study by Stanford showed that employee performance improved by 22% when working from home. Meanwhile, a survey by Mercer conducted of 800 employers showed that 94% of them found that employee productivity stayed the same or increased since the shift to remote work. Therefore, remote staffing services allow companies to hire a remote team that is likely to be as productive, if not more, than a traditional team in an office set-up while saving business costs as well.
4. Hiring is Easier
Recruiting a new employee is an expensive and time-consuming activity. It takes employers an average of 52 days to fill a position. The cost of recruiting a full-time employee includes behavioral analysis checks, skill, and background checks, advertising, and more. Moreover, training the new employee can also be costly. A remote staffing team takes care of your company’s valuable time and resources. A good remote staffing agency will provide you with timely employees who can fit the requirements of your company and projects.
5. Reduced Loss Due to Employee Attrition
One of the biggest and most challenging reasons why employees leave jobs is their commute to the office. Many employees would take up a new job if it meant a better commute. This is not something that is easily remedied by employers. According to Global Workplace Analytics, the loss of a valuable employee can cost a company as much as $30,000. With remote staffing services, companies can significantly reduce the costs associated with employee attrition. A remote staff does not face the commute problem. Furthermore, they work on time-restricted contracts that may be terminated according to predetermined rules.
With the considerable cost, time, and productivity advantages that remote staffing offers, it may be time for companies to rethink how they work. The question is no longer ‘should you switch to remote staffing’, but ‘why haven’t you switched to remote staffing as yet’.
Contact us today if you are looking to partner with a remote staffing agency.