Hire Top Talent Without Breaking the Budget? Think Remote!
Few small businesses have the budget necessary to compete with the biggest companies when it comes to hiring top talent. But money isn’t everything! Offering a flexible work environment that increases work-life balance could be worth its weight in gold.
Let’s face it – the days when 100% of the workforce actually went in to the office every day to work are long gone. Thanks to advances in technology, and a shift in employee priorities as the Millennials joined the workforce, our culture is rapidly changing to one that favors working remotely.
By offering a flexible work environment where employees can work one or more days outside the office, you can send a message that not only are you aware of your employees’ need for a better work-life balance, but that you trust them and believe in their professionalism. South Florida is rife with traffic jams, long commutes and terrible drivers. Imagine what reducing an employee’s commute would do for their morale, their wallet and their level of happiness! One less day of gas and tolls, one less day of a frustrating commute that can save an hour or two of time, one less day of professional attire to be dry cleaned.
The results of a 2015 US Department of Labor survey showed that 23% of employed Americans did some or all of their work from home in 2014. While we don’t have a new report yet this year, it’s a safe assumption that this number has risen to more than 25% of employed Americans. Data from the 2015 report also shows that, on the days they worked, 39% of employed people age 25+ with a bachelor’s degree or higher did some or all of their work at home.
Few companies have a business model that could support a completely remote workforce. However, providing the option to work from home even one day a week might be enough to retain or recruit top talent to your organization.
Have you been successful in offering remote work options for your employees? We’d love to hear what’s been working for you. Post your comments below.