Budget Benefits of Working with a Remote Team
Working remotely has long been an option for many people around the world. They are able to stay home or travel, all the while keeping things in line where work is concerned. They log in their hours using software provided by the company, they check in with their superiors and their peers throughout the day by email or text messages, and they work towards the company’s goal all without setting a foot inside an actual office.
Who Benefits from Working with a remote team?
The benefits of working remotely impact both the employee and the company. Working from home allows anyone to earn a living. Employees benefit from not having to spend time commuting to and from work, and they are able to take their work wherever they go, in the case of unscheduled travel or emergencies. They are also able to tend to their home responsibilities if they have any and, in the case that they don’t, they forgo exposing themselves to any potential risk of injury or sickness if they are disabled or immunocompromised.
For businesses, they are able to reduce costs pertaining to their operations, as well as keep a happy, productive working environment. One example of cost reduction is not having to pay for a physical workspace when employees are working remotely— by encouraging employees to work from home Dell has saved $39.5 million in real estate costs. As for a happier, more productive working environment, studies show that productivity levels rise and employee attrition levels lower when they are given the opportunity to work from home.
Distributed Teams vs. Offshoring— Which One Has Greater Benefits?
While offshoring seems to be the easiest path to take when thinking about working remotely, an innovative option to consider when shifting traditional office practices to remote working is remote or distributed teams.
Distributed teams are decentralized employees that all work together to fulfill a common goal— in this case, the growth of your business. They often reside in separate corners of the world and are usually fairly distant geographically, even if they do reside in the same country or city. The teams are composed of global visionaries brought together by their shared ideas, applying their diversified knowledge to their projects.
Remote teams are different from offshore teams in that they’re not bound together by an offshoring company. These are individual workers taken from a global talent pool, allowing for diverse cultures to integrate and demonstrate their expertise at the same level while bringing forth different points of view that, in the end, will truly benefit your business. Adding to this, by hiring distributed teams in countries outside of where your business operates (especially when considering hiring talent from developing countries), you will be able to obtain the best talent at the best rate possible— a US web developer could run your business $100,000 a year, while one based in Latin America could be as low as $24,000.
When it comes to working remotely, reducing costs, keeping productivity levels up, and donning your business with a global outlook, distributed teams are the way to go. At TechAid, we offer fully integrated distributed teams that are ready to help your company reach its goals.
OTHER POSTS YOU MIGHT LIKE
With the integration of global markets and consumer demands increasing across industries, companies have resorted to outsourcing. Outsourcing refers to the act of a company transferring some of its business to a third-party. This can happen with marketing departments, customer service processes, and even other…
One of the biggest challenges for a company is to transition from a traditional office into a distributed team. It must invest a lot in prior planning to help employees adapt to the new way of working, and also to avoid wasting time on tool…