Written by Alexandra GavrilaNov 12, 2019

The future of work is here—Remote work!

One of the benefits of hiring remote teams is access to the best talent worldwide. Some companies are already successfully embracing this approach, but others still don’t believe in the positive result of it.

In this article, we would like to present the top 3 reasons your business will succeed in 2020 by hiring remote teams:

1. You have access to the best talent worldwide

With remote hiring, the company is not limited to settle for employees in just a certain area. Expanding your hiring pool from “local” to “global” gives you access to the most talented people in the world. And it’s especially important among younger workers, with some 68% saying remote options greatly impact their decisions whether or not to work for a company, according to a Fundera report on work-from-home statistics.

2. Increasing productivity and efficiency

There’s a common "mythconception" that people who work remotely are lazy, pajama-clad employees who slack off rather than getting their work done. 

Statistics show this isn’t the case. For 79% of remote workers, increased productivity and better focus are the primary factors in their decision to work remotely.

By working offsite, employees can work at their own pace, doing work in their most creative hours. Aside from this, they are not exposed to the stress of commute and time is not wasted on travel.

A two-year study by Stanford University found that there was an impressive increase in work productivity among people who worked from home. The study of 500 people who worked both remotely and in a traditional setting concluded that productivity among home-based workers was equal to a full day’s work each week. 

3. It is the future of work and the preference of young, dynamic talent

This trend can be seen in many young professionals who have leveraged the use of technology to work remotely and live a nomadic lifestyle.

One of the key drivers behind the rise in remote working is the ‘millennial effect’.

Younger generations have grown up being able to communicate cheaply and effectively from anywhere in the world, so it follows that they expect the same in a workplace environment.

For younger employees, workplace flexibility is one of the many factors they consider when looking for a new role. Numerous surveys have indicated that this is something that they want and expect. Offering this type of benefit can help employers attract young, highly skilled employees that might not otherwise be interested in a role.

To conclude...

It’s clear that remote work isn’t just the future of work—it’s also the present of work. Organizations can use remote work to attract and retain productive workers. Not only does remote work benefit the employees, but it also contributes to your business’ growth. 

Are you now convinced that you should hire a remote team to improve the quality of your business?

You can start by networking in trusted platforms such as Upstack, where you can find quality remote developers and more.

Your next star employee can just be a click or message away!