If we track the history of organizations as a concept, we can clearly see how they have evolved over time- with the way they conduct their operations and how they perceive their employees as a resource. This shows us exactly how important it is to evolve your organization to stay at the top of your game.
The Covid-19 Pandemic taught us how necessary it was to digitize our work and stay connected to keep organizations afloat. Remote Working became the need of the hour and we all adapted ourselves to keep up with it.
Just a decade ago, “working from home” was limited to very few jobs that were not even considered to be lucrative career options. Thanks to the advancement in technology, we can now have successful full-time careers while working remotely. Not just that, organisations can reap many benefits from this- saving costs, hiring the best talent by cutting the location barrier and so much more! Many leading organizations understood the same and have even got completely remote. Trust us, so can you.
Remote Working is here to stay and it would be a prudent decision for any business leader to jump on the bandwagon. Here are some of the current remote working trends which can help you scale your business and make disruptions in your industry.
With Talent Shortages at an all-time high, companies are finding it difficult to make the right team and therefore, achieve their goals. However, with remote work becoming the norm, companies are realising that they can break the location barrier and hire the best employees from different countries. This allows them to hire someone who fits their description without the issue of relocation of the employee.
Meta (erstwhile Facebook), has recently announced that as they further expand into European Union and the UK, most new hires will be working remotely. The company hopes that by relying more on remote working, it will be able to expand its talent pool from its traditional strongholds of the UK and Ireland.
As the employers and employees are getting more used to working remotely, they are realising the need to take breaks and not work consistently as they did for the last couple of years.
Companies are also realising the importance of employee happiness and satisfaction in adding more productivity to the workplace. Thus, more and more companies are now focusing on providing days off just for rest and recreation along with virtual hangout sessions, game nights, etc.
Coinbase, a US-based cryptocurrency platform is offering 1 week off for all employees every quarter. Dentsu, a Japanese international advertising and public relations company also provides offs to give long weekends to their employees to ensure they take an appropriate amount of rest.
Once companies adopt the remote working policies, they choose to be more flexible with the deliverables and time. Providing the employees with a flexible work arrangement can help with recruitment and retention, add to organizational diversity, encourage ethical behaviour and aid in the company's efforts to be socially responsible. Employers can actually experience cost savings, improved attendance and productivity, and an increase in employee engagement.
Quora, which has adopted a remote-only policy in its organisation believes that flexibility will help its employees. As per their policy, “Quora’s culture relies much on written communication. We’ve always preferred communicating electronically rather than disrupting each others’ focus, and working from home helps. For sure, some homes aren’t always quiet, but providing the flexibility for people to get their work done when it’s easiest for them has helped a great deal.”
Employee performance is obviously a very essential criterion when companies switch to remote working. Ensuring that the company adapts their current employee evaluation criteria to fit the new normal is of utmost importance. While the old metrics would still apply, they can be creative and add other things such as counting the number of steps taken by the employee during the working day to ensure that they worked with a healthy mind and body; or their participation in virtual meetings, etc.
The craze of the Metaverse is increasing every day with different brands joining the trend. Many companies might resort to having virtual meetings and in fact, even offices, on such a platform. It would be a great and extremely fun way for employees to interact with each other and give an almost real feeling of a meeting.
Atom, which is an events firm based in Mumbai, set up its metaverse office almost immediately after it was announced. It purchased a digital space in Decentraland and is planning to use the virtual office as a new and innovative way to reach out to its international clients and have its employees work there.
As both employers and employees are understanding that the benefits of remote work are much more than its drawbacks, it is becoming an easy choice for most companies. Some big companies have even let go of their physical office spaces to focus entirely on working remotely.
While remote working can be a difficult thing to adopt in its nascent stages, it will surely become easier and extremely advantageous in the near future.
We have presented to you some easy ways to go remote and manage your teams in such a situation.
But one of the most challenging things still remains to find the right employee who would be an asset to your team and organization. While you may have decided to hire globally, the conundrum of HOW to do that still remains. After all, the right team is the essence of the organisation. The one must-have to scale your company and reach higher echelons.
RemoteStar is here to save the day! We help you find the best remote team for you, globally and within your budget. Don’t wait anymore! Switch to remote working and choose us to help you with it.