We’ve assembled together some of the most interesting facts and statistics, helping you to see what the current remote work landscape is like and some of its key traits.
With continuously improving technology and ever-changing working culture, remote work is becoming increasingly common in companies around the globe. More people are realizing and experiencing the benefits that flexible working arrangements have to offer. We’ve gathered together some of the most interesting facts and statistics, helping you to see what the current remote work landscape is like and some of its key traits.
1 . Women Are Leading the Way for Remote Work
After a woman’s first baby, earnings dropped by 30% and never rebounded.
Digital nomads are changing this. According to research by Remote.co, nearly 30% of remote work companies were either founded by women or have a female CEO.
By contrast, just 17% of startups in the overall business community have a female founder. In this area, the statistics for digital nomads show that remote work gives female entrepreneurs an edge.
2. More Productivity
One of the biggest benefits for employers when allowing their employees to work remotely is the increase in productivity shown by workers. 53% of respondents worldwide feel happy and productive at work according to a study by Owl Labs
3. No Commute
Not needing to commute and significantly reducing your travel costs can lead to an increase in real income. You also save precious time spent commuting, and the stress associated with traveling to work. 55% of people reported increases levels of stress due to their daily commute, according to a report by the UK Royal Society for Public Health as cited in Forbes. Saving both time and money will, of course, lead to an improvement in your overall work-life balance.
4. 1 in 3 Workers Are Freelancers
According to a 2018 report by online investment company Betterment, 1 in 3 workers are freelancers. With companies like Uber and Fiverr experiencing rapid growth, this number is likely to increase. By 2020, companies like Intuit predict the gig economy will make up about 43% of the workforce.
5. Balanced Work Life
Flexible working arrangements also help employees better manage their work-life balance. It’s been shown to be conducive to a better standard of mental and physical health, reducing stress and burnout. FlexJobs reports that 97% of over 3000 respondents in their 2018 annual survey said that a flexible job would have a “huge improvement or positive impact on their overall quality of life”.
6. Reduced Stress
A lot of the time during our working life we will have to deal with a certain amount of stress. This can actually help improve our performance if we have a certain upcoming deadline, but too much of it is detrimental to both your physical and mental health. A 2014 survey from PGI looking at remote workers reported that 82% of telecommuters had lower stress levels when working outside the office*.
7. Increasing Numbers
If you’ve ever dreamed of working from the beach — or maybe just your back porch — you’re in good company.
One remote work statistic taken from a Citrix study shows that 50% of the workforce will be office-free by 2020.
Current digital nomads are clearly ahead of the curve, it’s clear that a whole lot of people will be joining us soon enough. Likewise, it’s clear that once workers get a taste of working from home (or wherever) it’s hard to go back to the traditional office.
8. Remote Is Here to Stay
According to LinkedIn’s Global Talent Trends Report for 2019, 72% of talent professionals agree that work flexibility will be very important for the future of HR and recruiting. In the past two years alone, there’s also been a 78% increase in LinkedIn job posts advertising flexible work arrangements. It seems then that remote work is here to stay, and won’t just be a temporary trend in the job market.
9. Saves Significant Cost
Remote hiring companies see a tangible reduction in costs associated with running a fully equipped and staffed office for all workers. IBM, for example, managed to save $50 million in real estate costs. 60% of employers questioned in the costs and benefits survey reported cost savings overall as a significant benefit of allowing people to work from home.
10. Not Everyone Travels
Even though flexible work arrangements offer the possibility to travel, many remote workers prefer to stay at home because it’s more convenient. According to the 2019 State of Remote Work study from Buffer, 84% of respondents said that they’re mostly working from home. This figure is actually up from the 2018 report, where 79% of remote workers were primarily working from home.
As these 10 remote worker statistics show, it’s a win-win for employers and employees across the globe. It takes a lot of hard work and some trial and error to build an effective remote company, but it’s definitely worth it.
Eager to give remote work a try?
We’re always happy to spill our secrets on what makes happy, effective remote teams. Drop us a line anytime and let us know what questions you have about the wonderful world of remote work!