There’s no one right answer to that question. Each company is unique in its needs. However, given that productivity remains high among employees who work from home along with the many other benefits it brings, the question is worth exploring. Here we present some issues to consider before making a final decision.
Financial Benefits
For most businesses, financial matters are of top concern and WFH arrangements can raise the bottom line in 3 important ways. First, companies can save money on office space if employees are working from home. It might make c level contact list sense to have a smaller office footprint for infrequent meetings, but many companies can do without even that limited amount of space.
Second, the resulting cost savings can be translated into lower prices for customers, who may, as a result, spend more per visit as well as over time.
Third, sales professionals report that online meetings, in place of taking the time to drive or even fly from one prospect to the next, enable them to fit more calls into a day or week. Given that a certain percentage of prospects will become customers, the more visits they can perform, the better. Online meetings translate into more sales and higher revenues.
Effective Management
Managing a remote team is different from managing an in-person team, so companies that want to go to a permanent WFH arrangement must have managers who know what they’re doing. A recent BairesDev blog post offers the other marketing trends for commerce that are still current following suggestions for leading an all-remote team:
- Communication is key. Use daily, weekly, and monthly meetings to keep on top of ongoing projects and issues.
- Manage expectations. Even more than in physical settings, team members need to know what goals the team is working toward and how they can help meet them.
- Provide needed resources. Managers must set team members up for WFH success.
- Stay organized. Using tools properly can go a long way toward boosting team effectiveness.
- Set a good example. WFH arrangements might be difficult to manage, especially at first. But managers should stay positive and focused on achieving stated outcomes.
- Have fun. Just as in a physical setting, it’s important to find ways to connect that aren’t directly work-related.
Advantages for Employees
The WFH model has many advantages for employees, including the following:
- For workers still concerned about andorra business directory catching the virus and getting sick — or not getting sick but passing the virus on to children who are not yet vaccinated — health concerns are reduced because the office is one less place they have to be around others who could be contagious.
- For many employees, home is simply a more comfortable environment than the office, and they can set up their office space in a way that they like and that doesn’t have to conform with company onsite policies.
- Employees can save thousands of dollars per year when they reduce their clothing, transportation, and eating out budgets.