Infographics

The Work From Home Revolution Has Arrived

With many employers and employees acknowledging the feasibility of remote work, the possibility of it becoming the new work norm is promising. In fact, more than 42% of the U.S. Labor Force worked full time from home in 2021. The change to remote work has been significant with 42% of employees working remotely in 2020 and even reaching 69% during COVID’s peak.

Many people have expressed interest in continuing work from home even after COVID ends because it has helped enhance their work experience. 77% of employees have said they have adequate workspace while 68% believe they can do work without interruptions. Remote work also provides clear benefits for employee wellbeing, such as increased job satisfaction and reduced total workforce on the roads. Work-from-home employers also save thousands of dollars in overhead, which in turn allows their employees to save about $5,000 in personal finances yearly.

Trust is Everything

Although there are many benefits to working remote, several employers are having difficulty trusting their employees who are working from home. 48% of employees believe levels of trust have changed since the pandemic while 69% of managers have found it uncomfortable to communicate with their employees completely online. These doubts have therefore led to an increase in micromanagement, or excessive control of the workforce. Micromanagement while working from home has become a huge problem for both employees and employers with 69% of employees considering changing jobs due to how much they are being controlled by their employers while employers have seen a 39% higher employee turnover rate which in turn increases the amount of annual salary spent to replace employees.

Related Post

However, employers can build trust with their work-from-home employees by decreasing micromanagement tactics and instead caring more about their wellbeing. Encouraging self-care, Over communicating tasks so everyone knows how to proceed with their work, considering outputs rather than hours, and investing in automation are just some ways that can improve the relationship between employers and their remote employees.

The future of work has already arrived. Is your company ready for the change?


Source: TrackTime24.com

Brian Wallace

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-present.

Share
Published by
Brian Wallace

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

20 hours ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

20 hours ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

20 hours ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago