It is the year 2020 and the new decade is continuously embarking and embracing remote work trends and options in a manner, never seen before. This year is already building the base for the future of remote work.
Of course, the spread of Novel CoronaVirus is also pushing enterprises to explore and capitalize on remote and offshore working models.
Think of it this way: rather than commuting to your work destination each day and operating from a designated desk, remote employees can perpetuate their projects and transcend their goals wherever they like.
People have the pliability to design their days so that their work and private lives can be experienced to their fullest potential and coexist peacefully.
Many across the globe have started understanding and making the most of remote work trends which was not the case before. However, until today, the entire thought of working from home can sound skeptical to many employers.
The question that pops up here is whether this skepticism is required? Or are you overthinking? Whether you are convinced or not, one thing is for sure, remote work is here to stay! Gradually, as time passes, this model is being adopted by more and more companies across continents.
Tools adding substantial support to the remote work trends and models include high-speed telecom technologies like video chats and direct messages. Also, today, to hire remote workers is no more a complicated task.
Today, I am going to list out 30 stats that you need to gulp down your throat as remote work continues to become voguish in the coming times.
The questions I intend to address with these stats include:
- How remote work style is growing?
- Why is it popular amongst employees?
- What opportunities can remote work facilitate for the management?
- What are the challenges involved?
Here we go!
30 Remote Work Trends to Know in 2020
The Magnitude of Remote Workforce – Remote Work Trends in 2020
- According to Global Workplace Analytics, a total of 4.7 Mn employees (approx – 3.4% of the workforce) avail work from home 3 days a week!
- According to usefyi.com, ever since 2016, the number of job posts on LinkedIn that mention work flexibility went up by 78%.
- According to Buffer, 44 percent of the employees admit to the fact that part of their teams is full-time remote employees.
Demographics of the Remote Workforce – Remote Work Trends in 2020
- As stated by usefyi.com, close to 18% of the executives are remote employees.
- As stated by usefyi.com, VP-level roles are the most likely to be fully remote when compared to other types of roles.
- As stated by Buffer, 30% of the workers are associated with companies that work completely on the remote work model.
- As stated by usefyi.com, men throughout the world are 8% more likely than women to work remotely.
The Growth of Remote Work – Remote Work Trends in 2020
- Based on research by GetApp, over the last decade, the number of people working remotely at least once a week has gone up by 400%.
- Based on research by usefyi.com, over the next half-decade, about 70% of the workforce will work remotely at least five days in a month.
- Based on research by Buffer, 99% of the workforce admitted to the fact that if they could, they would work remotely for the rest of their careers.
- Based on research by usefyi.com, 42% of remote workers intend to operate remotely more frequently than they currently do in the next half-decade.
- Based on research by Buffer, 95% of the people say that they would influence and encourage friends and family to work remotely.
Recruitment & Retention – Remote Work Trends in 2020
- Pursuant to LinkedIn, 72% of the recruiters believe that work flexibility will play a tremendous role in HR and recruiting in the future.
- Pursuant to usefyi.com, 54% of US companies surveyed claim that they offer employees remote work to increase employee retention.
- Pursuant to Buffer, 40% of the workforce believe that flexible working schedules would be the best part of working from home.
Productivity and Conduct of Remote Employees – Remote Work Trends in 2020
- Conforming to CoSo Cloud, 77% of remote workers claim to be more productive when they operate from their homes.
- Conforming to Atlassian, 76% of the workforce would like to be distanced from their offices in order to produce better results for the ongoing project.
- Conforming to CoSo Cloud, 23% claim to work for more hours at homes, compared to when they work at offices.
- Conforming to CoSo Cloud, 53% of the workforce say that they would take less time off when working from home as compared to if they work at their offices.
- Conforming to Buffer, 43%of the workforce who operate remotely take less than 3 weeks of paid vacations/year.
Remuneration and Perks of Remote Working – Remote Work Trends in 2020
- As mentioned by usefyi.com, remote workers are 13% more likely than on-site workers to stay in their current job for the next half-decade.
- As mentioned by IWG, 69% of the workforce is ready to barter other benefits in exchange for flexible working options.
- As mentioned by Buffer, 75% of the workforce claim that their companies would not pay for the internet if they operate from homes.
- As mentioned by remote.co, 30% of the remote workforce claims to save over $7000//year eliminating onsite and travel expenses when they work remotely.
- As mentioned by Buffer, 71% of the firms refuse to pay for coworking spaces for remote employees.
- As mentioned by Global Workplace Analytics, with remote working models, businesses would be able to cut down costs by $11,000/half time telecommuter.
Challenges in Remote Working – Remote Work Trends in 2020
- According to CoSo Cloud, over 50% of remote workforce claim that they feel disconnected from the employees working in the office.
- According to Buffer, 22% of the remote workforce find it challenging to unplug after work.
- According to Buffer, 19% of the remote employees say they feel lonely.
- According to GetApp, less than 50% of the remote employees say they are completely trained in terms of internet security.
Whether you’re thinking of your first remote role or hiring remote team members, the future of remote working is bright.
it’s absolutely crucial that you keep into consideration the stats that I’ve listed out in this blog. Remote and flexible working models are here to stay and I suggest, you make the most of it. Good Luck!