From foraging for plants and animals for food close to the dwelling facilities to working from home to save gasoline during the oil crisis in 1970s, remote working has been here for 1.4 million years.
It has revolutionized the trend of flexible work arrangements over the years with the rise of freelancing and the need to create a work-life balance.
But in 2020, the Covid-19 pandemic accelerated the trends that were already in action when it comes to working from home policies.
Teleconferencing and remote work technologies have advanced so much that businesses these days can thrive only on remote teams with relative ease. It has become commonplace for many organizations to allow their staff to work from home, several times a week.
In fact, Google closed its offices early this year and asked employees to work from home until September 2021. And that’s not even the most surprising news because Twitter and Slack told their employees that they never have to return to work!
From these big tech companies to small online stores, organizations of all sizes and across all industries have had to let their employees practice isolation and go into quarantine. Work-from-home policies ensure that business goes on as usual even in the middle of a raging pandemic.
As we all get used to this new normal, many can’t help but wonder what this year’s work-from-home movements can tell us about the future.
Well, wonder no more!
We have collected all the 2020’s leading working from home stats and trends for you right here.
How Many People Work Remotely?
It seems like more and more people are now working from home. Here’s what the stats say:
Top Reasons Why Employees Work Remotely
Remote working lets people experience blended work and life schedules, explaining why most of them will continue working remotely even after the pandemic. Following are some working from home statistics that disclose why people choose to continue with remote work.
Challenges Of Working From Home
In 2020, remote work has fulfilled the long-term wish of some employees who wanted a more flexible work schedule. But for some employees, it has been a challenging endeavor.
Let’s go through some work from home statistics to determine the biggest challenges faced by remote workers this year.
The Effect Of Work from Home On Productivity
Productivity and efficiency remain the top concerns of businesses whenever they plan to develop policies regarding work from home.
Here are some remote working statistics that might surprise you:
Positions Held By Remote Workers
The following are some remote work statistics on remote working when it comes to certain job positions.
- 18% of executives across all industries worked remotely one day per week. (MerchantSavvy)
- Among the remote workers of a company, 55% were founders or C-level executives, while 48% were from the VP level. (MerchantSavvy)
- Remote working is preferred by senior staff that is further up the career ladder. (MerchantSavvy)
- A study shows that 16% of the telecommuters were from the management, 14% from the office and administrative support, 13% from sales and related departments, 9% from business and financial operations, while 9% were from computer-related departments. (Fundera)
- Another research shows that 18% of the remote work participation came from IT operations, 9% came from financial services, 14% from customer service, and 11% from the administrative staff. (Owl Labs)
- 15% of the health care industry, 10% of the technology sector, 9% financial services, 8% education sector, and 7% of manufacturing industries prefer to work from home. (Owl Labs)
Work From Home Statistics For Recruiting And Retention
Among its many other benefits, remote working has led to greater happiness and loyalty among employees, resulting in greater retention. It has given rise to more data on how workers feel about remote work and their commitment to a company.
Let’s browse through some work from home stats regarding employee recruitment and retention.
- Remote workers are prone to staying with their current job for the next five years, 13% more than office workers. (Owl Labs)
- 10% of global businesses experienced a boost in employee retention in 2020 when they offered flexible schedules. (MerchantSavvy)
- 61% of employees left their job due to a lack of flexibility in work. (MerchantSavvy)
- Research suggests that 76% of the workers will be more loyal to their employers if they were granted remote working options. (MerchantSavvy)
- 80% of U.S. workers state that they are more likely to reject a job that does not offer flexible working. More than a third say that they will prioritize flexible jobs over bigger job positions. (International Workplace Group)
- Research suggests that almost three-fourth of the participants deemed remote work the best non-monetary strategy to retain employees. (Crain’s NewYork)
As the world continues to embrace the idea of remote work, businesses are just beginning to understand that work from home comes with its own set of benefits and challenges.
The above-mentioned remote working stats are a clear testament that this phenomenon is not only here to stay but will become more prevalent with time.
Originally published at https://blog.otter.ai on January 11, 2021.