PwC survey also found that 72% of those workers surveyed would like to continue working from home for at least 2 days a week even when they can go back to the office full time. Mercer, an HR and workplace benefits consulting firm surveyed800 employers.94% of these employersstated the work productivity was the same or higher since employees started working from home. In the same survey, 23% of workers would consider taking a pay cut of up to 10% for the ability to work remotely on occasion. Meanwhile, in an Indeed survey that focused more on remote work’s lifestyle benefits, 75% of participants reported that telecommuting improved work-life balance. With more and more people electing to stay away from the office, the need for cloud computing continues to gain strength. Projections estimate that cloud servers will be utilized by 80% of all businesses by 2025.
These are jobs that do not require personal contact with customers or physical on-site work. The jobs have clear parameters for evaluation and an information component. A study conducted by Owl Labs found that 16% of companies across the globe are now fully remote, while 44% do not allow any form of remote work. In the United States, more than 4.7 million people work remotely at least half the time. 21% of workers are willing to give up vacation time for flexible work options. This same report predicts36.2 million workersor 22% of Americans will be working remotely by the year 2025.
Google Business Profile
Research by Amerisleep found that most remote workers are less stressed than their office-dwelling counterparts. PwC’s US Remote Work Survey reported that 79% of employees found that the transition to remote work has better allowed the flexibility needed to manage family and personal matters. Remote work is attractive because it increases flexibility and autonomy for employees. More and more remote workers value this new work-life balance and are even quitting instead of going back to the office.
- The net benefit, they believe, including the productivity increases and property cost savings they’ve seen, equals $18,000 a year for each worker.
- And employers don’t lose a day of productivity due to the sniffles.
- As soon as workers are not on-site, it becomes much more difficult to have control over the organization’s security infrastructure.
- Utilizing so-called virtual water coolers, these activities encourage remote employees to participate in team activities designed to promote interaction and instill a sense of connection and belongingness (Remote.Co).
- Among the respondents from a 2021 survey, one in five say they are saving as much as $200 per week or $10,000 a year.
- Of the 9% of the companies that do use methods to provide a secure internet browsing experience, 55% use URL filtering, and 49% rely on URL reputation.
- Most employers would be happy to hear that they won’t be taking sick days as often when an employee works from home.
According to the Pew Research study, some employees are more productive when working on-site. 64% of Zapier survey respondents agree that remote work has made them more productive. On average, employers lose $1,800 per employee per year on unscheduled absences. About 48% of those surveyed by Buffer in 2022 say remote work is financially better for them. About 59% of work-from-home employees say that they enjoy more free time because they don’t commute to work. About 43% of leaders agree that relationship-building is the greatest challenge in remote and hybrid work, Microsoft stated in its latest report. For 41% of those surveyed by Hubstaff, staying motivated without teammate interaction is a problem, too.
— Remote Work Is Impacting Real Estate
Plus, although India is known for its knowledge economy, its vast majority is employed in retail and agriculture, which cannot be done remotely . High-income countries have a WFH potential average of 38.8% which drops to 35.5% . The WFH potential in mid-income countries averages 23.9% , dropping to 18.7% .
- All-remote and majority-remote organizations I have studied are experimenting with a wide range of solutions to protect client data using predictive analytics, data visualization, and computer vision.
- A research study from Upwork titled “Future Workforce Report” delved a bit into remote working stats and has found that 69% of the young managers allow their team members to work remotely.
- They are more focused on balancing their professional and personal lives and prioritizing their mental health.
- Working from home is extremely convenient as there is no commute and fewer distractions.
While “increased employee morale” and “increased employee loyalty/retention” received 44% and 43% respectively. 38% of those surveyed think “onboarding new hires” has improved since the start of the pandemic. Other strategies important to businesses “reducing operating costs” (48%), “engaging customers virtually” (41%), “enhancing supply chain continuity” (41%), and “balancing business portfolio” (41%). According to a 2022 study, “not being able to unplug” is the biggest remote working struggle with a 25% share of votes. This is up 7% on 2020’s results which ranked “not being able to unplug” third overall. The next most popular reason to work remotely varied across countries.
Statistics showing trends that will shape the future of work
Working mothers are much less likely to leave their job if their employer allows remote and flexible work options. They want flexibility to be able to participate in their child’s lives and not have to upend them to move to a new city for a new job. The pandemic showed many workers just how much money they could save by not commuting to an office or workplace every day. In expensive cities , the costs of public transportation, gas, tolls, and parking can easily reach into the thousands of dollars per year. Instead of spending this money on their job, workers can see extra savings build up, increasing their satisfaction with their job. With more employees working remotely and not commuting to any office, miles of driving to and from work could be substantially reduced.
As a result, many CFOs plan to take advantage of the cost-saving benefits of this on a long-term remote work statistics basis. All in all, these industries have the lowest number of remote workers.