Smart leaders understand that a company’s greatest asset is its people, and attracting top talent can be challenging. Persuading a potential employee to relocate for a position can be time consuming, not to mention expensive. And then there’s the cost of retaining full time employees: office space, insurance, benefits, and other needs.
To find a solution for this challenge, many companies are turning to remote workers, which allows them to find the exact employee they need at a favorable cost.
Not only does this solve a major talent problem, but employees are finding this type of work appealing. People realize they can design their optimal working conditions. It’s a win for both the employer and the employee.
Here are four reasons why hiring remote talent is a smart strategy:
- Commitment – When you are flexible with employees to customize their working conditions, you aren’t forcing them to abide by any policies or rules. You’re treating them as collaborators, which they will appreciate. They’ll be more likely to commit to a project they choose to work on with you instead of for
- Morale – At one time or another, we’ve likely all been in offices that stifled our creativity and engagement. When employees feel trapped by their environment, especially when overall morale is low, they’re less motivated and invested in the company.
- Value – When companies hire remote workers, they are likely hiring them for their expertise in a specific area. This means the ideas are always flowing, and they’re always open to new insight. Rather than clocking out at 5 pm and leaving the job behind, remote workers are generally working around the clock (in a schedule they designed), which allows them to add more value and creative ideas to a project.
- Options – If you do not require workers to be in the office, you have a much larger pool to choose from. Since employees don’t need to worry about transportation, generally all they need is a computer and maybe a phone! With all the technology available today for communicating, distance becomes less relevant.
While hiring remote workers with flexible hours doesn’t necessarily work for every company, and it can be challenging for managers. Issues need to be dealt with in alternative ways, rather than calling a meeting or simply approaching someone, and balancing schedules can be difficult. But for many companies, the results are worth it and this policy works extremely efficiently. Could it be the right answer for your business? Contact us to learn more about our custom talent management solutions!