65 Remote Work Statistics in 2024 You Want to Know About
Stanford confirmed this with a nine-month-long study that concluded remote workers were 13% more productive than in-office counterparts. Their households are somewhat larger than households of those who work on-site. Only 5% of homeworkers live alone, compared to 10% of non-homeworkers. In fact, 27% of teleworkers lived in two-person households, compared to 33% of non-teleworkers.
- These include providing care, operating machinery, using lab equipment, and processing customer transactions in stores.
- Plus, these companies can hire workers more cheaply anywhere in the world.
- That is about as close to unanimous support as it comes with statistical surveys [4].
- But the new research that showed lower productivity by full-time remote workers also found that those on a hybrid schedule — some days at home and some on site — were about as productive as those in the office full-time.
- Unplugging can be made easier if employees differentiate their home from their working space.
A study of over five and a half thousand commuters in Paris, Berlin, Barcelona, London, and Rome found that their commute was a significant source of stress – even more than their actual jobs. Belo Given figures will give you an idea of ​​how the work style is growing, why employees are taking advantage of it, the opportunities it can provide to management, and even some challenges related to it. Employers need to ensure the team’s right members are working together at the right time and the right cost.
Remote Work Boasts 140% Growth in 15 Years
For example, it’s estimated that when 3.9 million employees work from home at least half the time, they reduce greenhouse gas emissions by the equivalent of taking more than 600,000 cars off the road for an entire year. The work landscape has changed dramatically and permanently in just a few years. So too has the perception and acceptance of remote work, as the benefits for employers and employees alike have come to light.
Long commutes, care responsibilities, and lifestyle contribute to the resistance. Given the leveling off of homeworking trends, remote work—at least for part of the work week—may be here to stay. It can impose long hours and multi-tasking on employees, as well as parental overload or neglect of children or elders confined to the home. Rather than work flexibility, it can extend the workday and encroach into leisure and family time and space. An April 2022 Conference Board survey found 47% of remote workers in the United States were concerned about the blurred boundaries between their jobs and personal lives.
Click Here for Why We Think 75 Million Americans Are Working From Home During Covid-19 and How Many Will After the Crisis
Plus, these companies can hire workers more cheaply anywhere in the world. All told, Nicholas Bloom of Stanford University estimates that those savings may average 10% remote work statistics of a company’s operating costs. For businesses operating in a hybrid pattern or full-remote set-up, this travelling for face-to-face interaction has become vital.
Our prediction is that the longer people are required to work at home, the greater the adoption we will see when the dust settles. With nine months of experience under their belts, more employers are seeing somewhat better productivity from their remote workers. Interviews with chief executives about remote work elicited a mixed range of opinions. Some express confidence that remote work can continue, while others say they see few positives to remote work. Remote work raises a vast array of issues and challenges for employees and employers.
Remote Work Is Good Financial Practice
Things that work in same-timezone offices, such as real-time chat, aren’t always as practical for remote teams. We often call it working from home, yet “work from home” employees can also frequent cafes and coworking spaces, or work and travel as digital nomads. This growth is shocking – especially considering that these numbers don’t include self-employed remote workers, like entrepreneurs and freelancers.
Businesses can then implement changes such as more hybrid working or flexible working hours, to suit their workers’ needs. A study by Upwork6 suggests that young Gen Z and Millennial managers are shaping the future of work, and 69% of them have team members who are allowed to work remotely. They can stay in touch by using communication software like RingCentral and hosting frequent meetings to keep up-to-date.
As many corporations require their employees to return to the office, many of those employees would rather look for another job that’s remote. Many companies required workers to return to the office, while others embraced a hybrid or fully remote work culture. The countries that offered the best economic security for remote workers were led by the anglosphere, such as the United Kingdom, the United States, Australia, and New Zealand.
- This may mean that many businesses have had to invest in additional software to keep up with this new working way.
- It’s predicted that working remotely will become more popular in the coming years.
- A shift to 15 to 20 percent of workers spending more time at home and less in the office could have profound impacts on urban economies.
- His firm currently requires everyone to come in two days a week, including one set day.
- At the same time, many remote workers feel that they can never “turn off” work because they work from their office [8].
This depends on whether a worker needs to be physically present on-site to do a task, interact with others, or use location-specific machinery or equipment. More than half the workforce, however, has little or no opportunity for remote work. Many of such jobs are low wage and more at risk from broad trends such as automation and digitization. For this reason, many employees and employers alike want to make sure the benefits of remote work outweigh the challenges before fully embracing it.