SMBs find increased revenue and other benefits with remote workforces

 

The practice of telecommuting by companies has been a growing trend over the last few years. The move by Yahoo CEO Marissa Mayer to ban this strategy from the company back in February garnered a massive backlash and pushed the debate into the public consciousness like never before.

Industry executives have found themselves on either side of the debate over  the merits of productivity and employee satisfaction. A recent survey of 1,000 small and mid-sized businesses (SMBs) has shown that remote workers can increase revenue for SMBs, according to a Dynamic Business article.

The report found that companies with employees working largely off premises were 24 percent more likely to see a rise in revenue. Meanwhile, 40 percent of small businesses without teleworkers saw a fall in revenue over the past year, compared to 30 percent of those that employ a remote strategy.

“This speaks volumes as to why empowering employees to work outside the traditional confines of an office is becoming increasingly prevalent. Businesses are realizing the bottom line benefits and rewards from more engaged employees,” Tim Reed, the CEO of MYOB, told the news source.

Respondents cite several additional benefits their companies have experienced by using remote workers. Such perks include: improvement in employee satisfaction, a reduction in travel costs, a reduction in the business’s carbon footprint. Additionally, almost 30 percent of employers reported to having more productive employees.

With the ways that technology has evolved, working from home is just as easy as making your way into the office. An IT consulting agency that specializes in incorporating mobile devices and a digital platform can go a long way toward successfully implementing a telecommuting strategy.