Over the past few years, the concepts of hybrid and remote workforces have gained traction within big and small business communities. However, the pandemic has shown that these new concepts work and can benefit employees and employers alike. Some forward-thinking benefits consulting services now indicate that these approaches are effective for both employers and employees and should remain in use after the pandemic.
Business Benefits Group is an independent firm seeking to provide quality health, life, and other forms of insurance to businesses throughout Fairfax, VA. Our team of experienced professionals will help your company and employees receive the best possible benefits while remaining on budget.
Below, we discuss the benefits of hybrid and remote workforces:
What are Hybrid & Remote Workforces?
While both forms already existed before the pandemic, hybrid and remote workforces have become popular work models during the past year. Before we discuss how businesses first implemented these methods of operations, let’s define remote and hybrid workforces.
A remote workforce involves a company’s employees primarily working away from a central location and, instead, doing so from where they choose. They meet with clients and colleagues through teleconferencing. Work hours and projects are tracked through online collaboration tools. Finally, all team members stay connected through business-centric messaging applications like Slack.
On the other hand, a hybrid workforce combines remote and traditional work models. Employees are given the option to work a few weekdays remotely and the remainder at the office. This set-up provides flexibility in balancing professional and personal responsibilities while businesses maintain productive and dynamic workforces.
The Benefits of Hybrid & Remote Workforces
Greater Degree of Flexibility
As we’ve seen from their exponential growth throughout the COVID-19 pandemic, hybrid and remote work practices benefit businesses and employees. They allow businesses to adapt their workforces according to what’s best and safest for the company as a whole.
Also, as we mentioned previously, hybrid and remote workforces tend to be just as, if not more, productive than the traditional ones. When their workers can balance their time and optimal working conditions, businesses end up with a more active and efficient workforce, strengthening the foundations of their company for the future.
Higher Employee Satisfaction
Another benefit of a hybrid and remote workforce is that companies will more likely have satisfied employees. This doesn’t just reflect well on developing your company’s image as a great place to work, but it also reflects in their performance. They’ll be more determined in completing tasks and working effectively.
Furthermore, higher rates of satisfaction inherently mean a greater degree of employee retention. The simple fact is that if an employee likes the company they work for, they’re more likely to continue working for them for many years.
This helps reduce the costs of constant training and onboarding that companies with high turnaround rates have to deal with.
Lower Operation Costs
Finally, getting down to brass tacks, remote and hybrid workforces are often less expensive to operate with than traditionally-managed businesses. Many small businesses now almost solely operate through the internet, with managers and employees working remotely to offset the costs of renting out a private office space.
It also benefits bigger businesses in the same fashion, as having part of their workforce work remotely on a partial or permanent basis reduces the amount of office space and resources they would need to provide—thus reducing their overall costs.
Benefits Business Group: Top-Tier Benefits Consulting Services in Fairfax, VA
How do you want your business to work? Consider whether configuring some or all of your workforce toward traditional, hybrid, or remote work practices is the best choice for your company. For assistance in further improving your workforce through improved healthcare, consider hiring a client-centric benefits consulting services provider such as Business Benefits group. Our team is composed of experts in developing effective ways to improve your business and the benefits it provides, all while reducing costs. Contact us today at (844) 201-3609 to learn more.