Today more than ever, people are making a living from home. The need for physical, dedicated office space is dwindling as new technology, tools, and workspaces emerge, making working remotely highly doable. People are finding new ways to make an income through creative services, software products, and more – they are creating their own businesses. And many of these new businesses (especially technology-driven ones) aren’t investing in offices – they’re investing in people and operating 100% remote.
Remote working isn’t right for everyone, and certainly not for every job-type. The right team needs to be in place, which takes practice. There are several advantages and disadvantages to working remotely. Let’s take a look at some of them.
Advantages of Working Remotely
Increased Flexibility
It’s no surprise that one of the biggest perks of working remotely is having the flexibility to work wherever you want. Juggling work, family, and other obligations will be easier too. Work-life balance can improve significantly by working remotely – but be careful because, without creating a structure and setting boundaries, the opposite can happen.
More Productivity
When done right, remote working can lead to a more focused workday. Employers fear the distractions of TV and household chores. They seem to forget that the office comes with noise, meetings, and interruptions from colleagues. Many people work best in their own space, with peace and quiet.
Reduces Commuting Cost & Time
Remote working allows employees to spend less time and money traveling to the office, saving a lot of money in the long haul. This also means more time in the day to be productive.
Saves on Office Expense
If you’re operating 100% remote, you’ll save a lot of money by not renting or owning an office building. Cha-ching.
You Can Hire Anyone, Anywhere
Why limit yourself to hiring people within a specific geographical location? By hiring remote team members, you can find the best talent to get the job done wherever they are based.
24-Hour Support
Why limit yourself to hiring people within a specific geographical location? By hiring remote team members, you can find the best talent to get the job done wherever they are based.
Disadvantages of Working Remotely
Company Culture Can Suffer
Say goodbye to NERF gun wars and ping pong tournaments with your colleagues. It can be hard to build a company culture remotely. You’ll need to find ways to keep your culture alive through technology and periodic face-to-face meetings.
Communication and Collaboration Get Harder
Personal communication and collaboration are vital to a company’s success. If you don’t focus on this, it will hurt you. Email is a remote team’s communication killer. Use video chat, collaboration tools, and group chat to build a “virtual office.” Try new things until you find something that works.
Domestic Distractions
Let’s be honest; there are plenty of distractions at home too. There’s the TV, kids, pets, chores, etc. Learning to balance these properly is essential. Build trust with your employer by getting your work done and being available during the times you should be.
Fewer Boundaries Between Work and Personal Life
While work/life balance can improve by working remotely, that line is also at risk of becoming a little blurry. Define boundaries (set a structure) and stick to them to avoid becoming a workaholic.
Conclusion
Working remotely takes practice, commitment, and strong communication skills. It’s not for everyone, but you’d be surprised at how many well-known brands are operating remotely today. After all, who doesn’t like a little freedom, trust, and flexibility in their lives?