While COVID-19 has been a booster rocket for workplace changes, the trend toward out-of-the-office work had been spiking prior to the pandemic.
If you have not made the adjustment of leading employees that you cannot see, get ready because by the Year 2028, three-fourths of all industries will employ people working someplace other than a company office.
Here is why:
- Millions of dollars saved in real estate costs.
- 67% of managers of remote workers say they are more productive.
- 63% show fewer unscheduled absences.
- 25% report less turnover.
And what do employees think about working remotely?
- 80% wish to work from home, at least some of the time.
- 24% say they would take a 5% pay cut to avoid commuting.
- 75% report fewer distractions.
- 78% say they have less stress.
Decades ago, I worked in an office on the twenty-third floor of a downtown building in a large city. Even though I enjoyed the work, I clearly recall the lengthy commute, congested traffic, limited parking, window-less offices, the boss’s office a few doors away and the relief of weekends.
Although fifty years later, these conditions still exist for most; I think they are short-lived.
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Sources: https://www.census.gov/programs-surveys/acs/; https://globalworkplaceanalytics.com/telecommuting-statistics; https://www.owllabs.com/state-of-remote-work/2019