5 Statistics on Remote Work

1. Increased productivity: A two-year study conducted by Stanford University involving 500 employees found that remote workers experienced a 13% increase in productivity compared to their office-based counterparts. This was attributed to fewer breaks, less sick leave, and a quieter work environment.

2. Employee retention: According to a 2017 report by Gallup, 54% of employees said they would change jobs for one that offers more flexibility, such as remote work. Additionally, the aforementioned study by Owl Labs found that companies supporting remote work had a 25% lower employee turnover rate compared to those that didn't.

3. Cost savings: Global Workplace Analytics estimates that businesses can save an average of $11,000 per year for each employee who works remotely half the time. This is due to reduced expenses related to office space, utilities, janitorial services, office equipment, and supplies.

4. Expanded talent pool: A 2019 survey conducted by Buffer revealed that 99% of respondents would like to work remotely, at least some of the time, for the rest of their careers. This indicates a significant interest in remote work, allowing companies to attract top talent from around the world.

5. Environmental benefits: Global Workplace Analytics estimates that if employees with compatible jobs and a desire to work remotely did so half the time, it would result in an annual reduction of 54 million tons of greenhouse gas emissions. This is equivalent to taking 10 million cars off the road for a year. Additionally, remote work reduces traffic congestion and wear on transportation infrastructure.

Which one is your favorite? 😊