Remote Work Trends & Statistics for 2021: Remote Work Status

2020 has been the year of challenges and changes. Covid 19 pandemic has hit many significant economies, including India. From MSME to the Aviation sector, all are on the verge of struggle. Most of the pandemic impacts are negative, but they also came up with many positive changes and new findings. Companies prioritize their employees’ safety and ensure their employees’ stability and security in this situation of lockdown.

Even after the end of the lockdown phase, companies found it challenging to run the business earlier. Employees are still concerned about working in an office environment and coming out of their safe homes. Restrictions on the movement of resources and goods from one place to another pushed companies to focus on the area of REMOTE WORKERS.

To run a company or business, the essential and crucial need is human resources. In such a situation where nobody would risk their lives to come to the office, it became the HR department’s responsibility to hire efficient employees and create a safe environment through remote hiring.

Remote working becomes the first choice of employers.

In such a situation, Remote employees came into the limelight. As remote working gives an employee complete liberty to work from their home or a place they find suitable and comfortable, it became the most chosen option by employees and the companies. Remote working helps all working sectors grow and thrive in this pandemic situation without increasing their expenditure.

In 2020, most people lost their jobs. Due to the closing of schools and colleges, many graduates and freshers came into the job market, which increased the influx of job aspirants and gave a significant push to the gig economy 2021. The gig economy is a free platform for hiring remote workers. It provides access to a vast pool of talent and skills that can improve a company’s growth.

Significant statistics regarding Remote Working in 2021.

Recently a survey has been done with more than 100 leaders of human capital resources, which represents more than 100 organizations. According to this survey app. 80% of companies prefer Remote hiring through internal HR teams, while 20% are dependent on vendors consulting agencies. This 20% figure is a nice increase in the work of consulting agencies and vendors. This drastic shift resulted in the growth of vendors and consulting firms’ business as more and more companies are looking for efficient and talented workers who can work from anywhere. 87% of leaders believe that the main focus in 2021 would be learning the core skills, polishing the behavioral and working skills through distance mode.

According to a study done by SCIKEY, the most important requirement from the workforce in 2021 would be adaptability and flexibility. Workers in 2021 should be ready for any critical situation that might be worse than the covid 19 pandemics. They should be equipped with knowledge and talent to overcome any problem and keep working with limited resources to get the business going. According to this study, most economists believe that innovative thinking is the main trait they need. With changing working situations, an employee with critical thinking would be the best resource for the company. Remote working gives access to a vast pool of knowledge and talent, which improves the quality of hire.

According to reports, remote working will target the poaching employees, which can be a turning factor in the company’s growth in this situation. By targeting the experienced employees already working for some firm by providing them better positions and liberty to work from their safe space, remote working has become the essential tool for companies. The main target for companies would be the retention of their best minds.

According to a report released by Blueface by 2025, remote hiring will almost replace infrastructure-based work. Research organizations like AND CO and Remote Year remote working have been boosted by 55% in 2021. Around 55% of employees work full-time as remote workers while the rest indulge in short projects and freelancing.

Statistics regarding the productivity in work from home against office culture.

According to workforce future, in a survey conducted to check employees’ opinions regarding productivity from home, 83% of employees think productivity does not depend on the workplace.

According to a Stanford study, employees who work from home in a BPO profile. Employee productivity has been increased by 9% in answering the calls.

Cisco’s internet business services group found out that remote working has saved 277 million USD annually.

On 22nd February 2020, India stays indoors to challenge and stop the spread of Coronavirus. Last year everything, things that had physical evidence, upgraded itself to go digital. As per an article published in The Times of India (29th July 2020), On one hand, 88% of the active work professionals prefer to work from home while 69% have experienced an increase in productivity while they were working from their flexible environment.

The exclusive advantages of working remotely are:

Get Flexibility for your desired choices: Satisfied employees are happy employees. Employees are fully satisfied working remotely as they have alternate picks for other career and extracurricular activities options. According to the famous report published in America, if your employees are engaged in various fields, they have their fresh mindset to concentrate on official work. The trend of working anytime and anywhere, including: If you need to take a trip across the country, you want to play your favorite sports, spend some extra time in the gym and whatnot.

Offers last from any time and anywhere: The trending technology has emerged in India to stay connected with each other from any time and anywhere. These include video conferencing, chat services, collaboration platforms, and cloud services; these ninja techniques have propelled the employees to work anytime and from anywhere. Now, grab a chance to work at a coffee shop sipping a cup of Starbucks coffee.

Cost Optimization: The significant benefits organizations face when their cost is reduced while having fewer office employees. Let’s give you an instance of which company you would like to work more where some noises of empty desks move, a massive pile of papers scattered around or an energetic workplace (imagine any workplace let it be your home, your cozy bed, or your balcony). The company faces colossal cost optimization when few employees work as the transport cost, flooding cost, electricity cost, and many others are saved with colossal intensity.

100 % work-life balance: With the emergence of technology, it has been easy for employees to be dependent on it. In this digital era, everyone is dependent on it and this enhanced working remotely. Now, employees are away from stress and tensions and can give their family full time and their pets, passion, hobby, and many other activities. The technology era has built a satisfied employee who can put their 100 percent in its productivity. The significant time is being saved during long commutes. Employees can now chill and work effectively and efficiently.

The company’s productivity indeed increased: When employees are given their comfort space for work, the quality of work sent out from their table is 100% productive. Numerous companies have come across that, and when their employees work from home, it has led to many successful projects closure because employees have their peace of mind working from their own space.

Working Remotely makes your business more competitive: All your company needs to do is thank their employees for working so effectively and efficiently to drive for business goals. Offering a sense of acknowledgment and appreciation to your employees makes them work even more and helps your business be productive. Through making your business productive, it will enhance your brand image in front of the consumers. Eventually, your company will compete with other key players. The concept is providing your employees working remotely to make your business a giant one.

Every beneficial innovation comes with a lot of challenges and struggles.

According to flex job survey respondents, 66% of them have increased their productivity while working from their homes, while 76% said that there are many distractions and IT issues.

Though the gig economy has been boosted up a lot in late 2020 and remote workers have become a vital resource for all companies but it also comes with a lot of challenges as managing these remote workers is not an easy task. All employees working from their own homes bring a lot of distraction and disturbance in work, affecting efficiency and productivity. Access to a recent survey, 82% of economists think that the major challenge in working with these employees would be productivity. It’s hard to manage or measure their performance as many unnecessary issues, majorly technical matters, can be addressed by them. At the same time, 73% of leaders think another major challenge is remote employees’ engagement.

For companies who recruit workers for distant locations or remote locations face challenges in communication and punctuality. Hiring remote workers is difficult for recruiters as they need to judge without actually meeting the employee. The majority of remote workers are not well equipped with all appliances, which affects their work efficiency. Every innovation has its merit and demerits. Soon with growing, technology companies will overcome the demerits as well.

Remote Working: A necessary Evil: but not an evil.

According to many reports published recently, there has been a debate on its merits and demerits. Still, after all the stats and surveys, remote working would greatly optimize the cost and productivity. Workers need to avoid distraction for a specific duration of time and focus on increasing work efficiency. Remote working seems to be the future of our economy.