Since the first quarter of 2020 remote work trends and expectations have changed. Employers weren’t prepared for their entire workforce to work from home but thanks to technology and innovation it’s working out well for many employers.
All around the world, more and more employers are embracing flexible schedules for their remote teams leading to new remote work trends and more remote work options.
Is remote work here to stay and are employees more productive? Let’s see what the remote work statistics and trends tell us.
Global Workplace Analytics believes that 25-30% of the workforce will remotely by 2021.
Upwork estimates that 1 in 4 Americans over 26% of the American workforce will be working remotely through 2021. They also estimate that 22% of the workforce (36.2 Million Americans) will work remotely by 2025.
- Statistics On Remote Workers Explored
- Useful Statistics On Remote Workers
- Are Remote Workers More Productive?
- Why Are Remote Workers More Productive?
- Are Remote Workers Happier?
- Benefits Of Working From Home For Employers And Employees
- Working From Home is Good For The Environment
- Do employees want to return to the office?
Statistics On Remote Workers Explored
10,000 employees surveyed by the Becker Friedman Institute for Economics at the University of Chicago said they thought they were just as productive working from home compared to working in the office.
In fact, 30% of those respondents told researchers they were more productive working from home.
This same survey team calculated that commuting time was reduced by 62.4 million hours per day with aggregate time savings of over 9 billion hours starting from the middle of March 2020 to the middle of September 2020.
Useful Statistics On Remote Workers
A survey by Owl labs found the following:
- Remote employees save an average of 40 minutes daily from commuting.
- Since 2020 people have been meeting by video calls 50% more since COVID-19.
- During COVID-19 close to 70% of full-time workers are working from home.
- After COVID-19 92% of people surveyed expect to work from home at least 1 day per week and 80% expected to work at least 3 days from home per week.
- 23% of those surveyed would take a 10% pay cut to work from home permanently.
- People are saving on average close to 500 dollars per month being at home during COVID-19. Resulting in savings close to $6000 per year.
- A mere 20-25% of companies are paying some of the cost for home office equipment and furnishings.
- 81% of those surveyed believe their employer will continue to support remote work after COVID-19.
- 59% of respondents said they would be more likely to choose an employer who offered remote work compared to those who didn’t.
Are Remote Workers More Productive?
The numbers say remote workers are more productive in many cases but not in all situations.
The future of work report by Upwork found that 22.5% of survey managers said productivity had decreased compared to 32.2% of hiring managers that said productivity has increased since their employees started working from home in 2020.
Their performance was boosted by 22% when employees were able to work from home a study by Stanford found.
Mercer, an HR and workplace benefits consulting firm surveyed 800 employers. 94% of these employers stated the work productivity was the same or higher since employees started working from home.
Why Are Remote Workers More Productive?
Remote workers are more productive because they have no commute, less or no office small talk, fewer distractions, more time for family, exercise, a higher quality of life, and better overall work-life balance.
Job satisfaction is critical to keeping employee productivity high and lowering employee turnover.
Companies that allow their employees to be telecommuters also recommend their company to their friends seeking work more often than companies that don’t.
Are Remote Workers Happier?
A survey report conducted by Owl labs suggests remote workers are happier and stay in their jobs longer. They also found that workers who were working at home reported being happy 22% more than workers who always work in an onsite office environment.
These remote workers reported having less stress, more focus, and a better work-life balance. The remote workers also worked over 40 hours a week 43% more compared to workers that never worked remotely.
It’s clear this remote work trend is increasing by the day and could be a key to employee retention.
Benefits Of Working From Home For Employers And Employees
Global Workplace Analytics estimates that employers can save over 11,000 dollars per year per employee. The savings are from the lower cost of office space, increased productivity, reduced absenteeism, and less turnover.
They also estimate savings for employees in the $2,500 and $4,000 per year range. This is due to lowered food costs, fuel costs, parking, and car maintenance.
Working From Home is Good For The Environment
An increase in telecommuting means fewer cars on the road. Transportation accounts for 28% of greenhouse gas emissions in the United States according to the EPA.
The EPA statistics also show that light-duty vehicles such as cars make up 59% and medium to heavy-duty trucks make up 23% of the emissions.
This is happening because 86% of commuters drive a private vehicle to work according to the U.S. Census Bureau. Fewer cars on the road now and in the future will lower greenhouse gas emissions significantly.
With fewer people driving on the highways every day the transportation infrastructure of the United States is impacted less. This is a remote work trend everyone can get on board with.
Do employees want to return to the office?
A survey by slack of 9,000 workers in six countries found that 72% prefer a hybrid remote-office model with only 12% preferring to always work in an office setting. They also found that 13% would like to always work from home if given the choice.
PwC conducted a similar survey of 1,200 US office workers and 120 executives in 2020. 73% percent of those executives surveyed found that working remotely has been a success.
PwC survey also found that 72% of those workers surveyed would like to continue working from home for at least 2 days a week even when they can go back to the office full time. 32% said they would like to work from home permanently.
The same executives in the PwC survey expected to need 30% less office space in the next three years.
Is Remote Work Here To Stay?
Remote work is a hot topic these days and by all accounts, it will keep increasing into the next decade.
Below are some estimates and predictions from several sources that drive that point home.
A survey conducted by Upwork of 1,500 hiring managers found that due to COVID-19, 61.9% of the companies were planning more remote work now and in the following years to come. Accelerating the remote work trend that has been going on for the past few years.
This same report predicts 36.2 million workers or 22% of Americans will be working remotely by the year 2025. This is an 87% increase from pre-pandemic levels.
Global Workplace Analytics estimates that 56% of W2 workers or 75 million employers could work from home if their employers allowed it.
Global Workplace Analytics estimates that 25-30% of the workforce will work from home for several days a week by the end of 2021.
The CEO of Facebook stated that he expects 50% of their workforce to be working remotely by 2030.
Working from home has many benefits including less office space costs for employers. The numbers tell the story and it looks like the remote worker trend will continue.
Whether employers are ready or not remote working is here to stay at least for the next few years. There will always be those that prefer working in an office. Industries such as food, retail, and construction need workers working on-site daily.
Statistics On Remote Workers will continue to be researched. However, new tools must be embraced for remote teams and new strategies developed for this new type of remote workforce.
Employers must find the right balance of in-office and remote workforces that will make their company effective as possible. Embracing the new remote work trends has become the norm.
Giving your worker’s workplace flexibility and flexible work arrangements. will give you an advantage over other employers