marathon06.org

Envisioning myself lying on the sofa, maybe tucked into bed with the laptop on my lap and hot cup of coffee at my bedside. This is the kind of job I would love to do. I mean, just be a remote worker and live the best of your life.

These were my thoughts back in 2014 when I first came to know about teleworking. At that time, I was working as a full time employee in a Dallas web design company. Tired of 9 to 5 hustles, all I could imagine was comfort, coziness and freedom of work, without being bounded by rules, regulations and policies.

Although, remote working has its perks—for both employer and employee—still, that doesn’t mean that you can be indolent towards your tasks.

Contrary to popular belief, studies show that working from home makes you a better employee and you do twice the work that you would do while working in a traditional office environment.

Certainly, from better productivity to increased gratification, remote work brings betterment to your lifestyle by redefining the way you work. In fact, remote working is no less than a boon for the employees who love to stay at home and are reluctant to go through the hassles of everyday commute.

They deliver their best and emerge as a great resource when they are not being bothered by 9 to 5 struggles.

Here are a few reasons why telecommuting makes you a better resource and how it brings the best out of you.

1. Increased Productivity

Long gone are the days when remote working was deemed as an employee perk. Owing to the cultural and technological development over the last 2 decades; workplace has experienced an immense paradigm shift. Hence, the idea of remote working has been shifted from a rare perk to productivity boost for employees.

In the present era, employees willingly turn towards remote work as they find it one of the best ways to haul out their maximum potential, which enables them to give their best without having any pressure of fitting in.

To prove the efficacy of working remotely, Stanford professor Nicholas Bloom conducted a study in collaboration with a Chinese Travel Company Ctrip. Considering the super expensive office space and strenuous commutes, James Liang, CEO of Ctrip, was willing to give their employees mobile work option. Bloom formulated a quantitative test whereby 500 employees were divided into two groups; half of them continued working at HQ while half of them worked from home. The two-year study showed an astounding boost in productivity of the teleworkers as compared to those who were working at the office. The study proved that telecommuters work a true full shift or even more.

“Ctrip’s Study proved that telecommuters work a true full shift or even more.”

2. Less Commute More Energy

An average person spends 60 to 80 minutes of their precious time commuting. According to a study, people feel stressed due to arduous everyday commutes and two-thirds of employees start hunting another job to ease the commute. By eliminating the amount of time spent every day getting to and from work could result in increased energy levels and productivity.

If the employee has to take an hour-long train ride or they spend half an hour coping with the rush hour traffic, odds are thin of them getting to the work all energetic and ready for the day.

On the contrary, when you work from home, you start fresh with higher morale. Other than that, the reduction of daily travel enables you to save the cost you spend on fares and fuel. So it’s more like hitting two birds with one stone.

3. Reduced Attrition Rate

According to a study, losing a valuable resource could cost the employer over $30,000. While recruiting and training a new employee could cost even more. Flexible working and telecommuting is known to help reduce workforce attrition; eventually, it helps companies save time, money and effort spent on hiring and training procedures.

Ctrip experiment proved that the employees who were working from home were observed with 50% less attrition and fewer sick leaves as compared to those who were working in a traditional workplace setting. Also, the company saved $2,000 by saving the cost on per employee’s office space. All in all, remote work opportunities result in reduced employee turnovers and attrition by 25 to 50%.

4. Improved Health and Happiness

If you compromise on your personal wellbeing, you would never be able to be fully productive and beneficial to your company. Sense of fulfillment is key when it comes to workplace satisfaction. Contrary to popular belief, fulfillment is not only about being paid a hefty amount every month, there is a lot more to it than this.

Believe it or not, people have had enough of the everyday rat-race, they just want to take control of their lives and are eager to find a balance between work and life. Flexible workplace gives them the liberty to prioritize things while maintaining the order of what should be done when as per their convenience.

Teleworking allows you to lead a lifestyle where you are in charge of putting things in order as you can mold schedules. In a nutshell, it allows you to live a life where you can earn well and live well, simultaneously.

“Teleworking enables you to live a life where you can earn well and live well, simultaneously.”

Conclusion

Putting it together, over the past few years, teleworking has gone beyond being just a trend or a privilege. Unsettling the rules of the traditional workplace, it’s been morphed into a norm and a way of life, which is here to stay. From employee retention to decreased attrition and improved personal wellbeing, there are several benefits that remote works allows you to take advantage of.

It’s time for you to start your journey as a remote worker and discover what you’ve been missing out on.

By Chris Andrews

As the Eurozone crisis continues to threaten fiscal unity, British economy suffers as a result of the rippling effects caused by the potential Greek bailout; leaving mortgage rates rising, lending at an all-time low and fifteen of the worlds biggest banks downgraded, three of which are Britains principal firms.

The ripples are indeed devastating and have left Britains businesses, big and small, crippled with debt, with one question left unanswered; is the British business sector going to continue upon the downhill spiral or will it ever manage to see a boost?

In the first quarter of 2012 it was revealed that an astonishing 670 UK businesses had gone bust as the country slumped into a double dip recession and despite continuing please from retail specialists that SME businesses required assistance with commercial mortgages; the government failed to take action. The continuing EU crisis has indeed had a phenomenally negative effect on the UK business market as banks and lenders across the country tighten the reigns of over lending restriction and remain reluctant to extend credit to struggling businessesit is hard to see a way out.

There have been numerous high profile casualties at the height of the double dip recession and as a result of the EU power members failing to find common ground it seems as though the struggle is set to continue as fiscal unity reaches breaking point however all may not be lost.

In June it was announced that the Bank of England will finally breathe life into the economy with an unconfirmed cash stimulus injection designed to assist business mortgage and home mortgage owners by enabling banks to ease their lending restrictions. The plan aims to, over the coming months, inject Britains struggling banks with an unknown stimulus sum on the basis that mortgage rates are lowered and an increasing number of small business are offered commercial mortgage and business loans. Alongside the cash stimulus, the Bank of England has also introduced a 5billion lending scheme that will see it auction off a 5billion injection to one bank a month beginning from July on the basis that the winning bank substantially lower interest rates.

The past few years have been a struggle for the overall British economy and the business sector however in wake of the ever deepening EU crisis; Chancellor Osborne and the monetary committee have finally begun to prove that Britain is strong, can with stand and come out the other end.

Many may argue that the British business sector has suffered far too much to ever fully recover and one cannot help but agree. Such action should have been taken in immediate wake of disaster and indeed it was in the form of quantitive easing (QE) although it did create a level of ease on the economy it did not have the ultimate effect on British economy as saver rates were hit severely, small businesses were continuously denied loans and struggling businesses failed to see credit extended. The monetary committee have decided to take further action, despite the threat facing savers, by beginning the next batch of quantitive easing with a reported 50billion to be injected into the economy.

Unlike our struggling EU Partners; Britain has the means to stand tall however as with all difficult tasks; nothing is achieved with ease, in fact this is the most danger our economy has faced in a long time which means escape will be far from easy. Only time will tell whether Britain will return to former glory however with continuing efforts, governmental support and monetary aid we have a good a chance as any.

About the Author: I have spent over twenty years working in the finance sector, advising those with business or personal financial needs on the right financial path to take, whether it is a home or

commercial mortgage

or

loans

. I go against the stuffy financial image by being a bit wild! I am an avid rock climber and love to scale the worlds greatest buildings!

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1672731&ca=World+Affairs