Working from home has become a popular option in 2020 especially as we face the Corona virus Pandemic. The option is not reserved for part-time employees anymore either. Plus, many are exploring self-employed opportunities such as starting a home-based business that also allows working from home a viable solution.

As I write this, I am aware of how life changing it has been for me personally as I enjoy the benefits of working from home. I have less interruptions and more comfort, both which lends itself to improved productivity. With this, skepticism still exists. It’s understandable as managers wonder what their employees are doing when thy are not tracked or the wonder of whether communication is challenged. But nowadays, we can be sitting in the next cubicle and will still likely communicate via email. Technologies have allowed for huge growth in working remotely. Direct messengers and video chat software has allowed for seamless communication.

Pamela Bump, a writer for HubSpot states the following stats in her article, “40 Remote Work Stats to Know in 2020”:

Remote Workforce Size

  • In the U.S., 4.7 million employees (3.4% of the workforce) work from home at least half the week. (Global Workplace Analytics)
  • Roughly 62% of employees between 22 and 65 say they work remotely at least occasionally, (Owl Labs)
  • 44% of employees say that part of their team is full-time remote. (Buffer)
  • While 30% of people report working remotely full-time, 18% work remotely one to three times per week. (Owl Labs)

Job Types of Remote Workers

  • 18% of executives work remotely more than on-site. (Owl Labs)
  • 35% of remote workers are individual contributors. (Owl Labs)
  • 30% of people report working for a company that’s fully remote. (Buffer)
  • 46% of C-suite members work remotely at least part-time. (Owl Labs)
  • 55% of VPs work remotely at least part-time. (Owl Labs)
  • New employees might work remotely less often at their company. Roughly 75% more on-site workers have worked in their positions for less than a year, (Owl Labs)

Remote Work Growth

  • The amount of people who work remotely at least once per week has grown by 400% since 2010. (GetApp)
  • 42% of employees with a remote work option plan to work remotely more often in the next five years. (Owl Labs)
  • Between 2017 and 2018, telecommuting increased by 22% (FlexJobs)
  • If they could, 99% of people would choose to work remotely, at least part-time, for the rest of their careers. (Buffer)

Source

  • More than half of full-time in-office employees want to work remotely. (Owl Labs)
  • 95% of people would encourage their friends or family to work remotely. (Buffer)

Recruiting and Job Retention

  • 72% of talent professionals agree that work flexibility (which includes remote work options) will be very important for the future of HR and recruiting. (LinkedIn)
  • 83% of workers, remote or on-site, say that a remote work opportunity would make them feel happier at their job. (Owl Labs)
  • 40% of people say that a flexible schedule would be the best perk of working remotely. (Buffer)

Source

  • 81% of employees say that the option to work remotely would make them more likely to recommend their company to job candidates and prospects. (Owl Labs)
  • 74% of employees say that a remote work option would make them less likely to leave their company. (Owl Labs)

Remote Employee Productivity and Behaviors

  • 77% of remote employees say they’re more productive when working from home. (CoSo Cloud)
  • 76% prefer to avoid their office completely when they need to concentrate on a project. (Atlassian)
  • 23% of remote workers say they work longer hours than they would on-site. (CoSo Cloud)
  • 53% of remote workers say they’re less likely to take time off than they would be if they worked at their business’s location. (CoSo Cloud)
  • 43% of remote employees take three weeks or less of paid vacation per year. (Buffer)
  • Those with highly complex jobs that require little interaction with stakeholders are more productive when remote than in an office. (Springer)
  • Email is the primary method of communication for remote workers, followed by instant messaging, and video chat. (CoSo Cloud)
  • Although remote work enables employees to work anywhere, 84% of remote employees prefer to work from home. (Buffer)

Earnings and Benefits for Remote Work

  • 74% of remote employees earn less than $100,000 annually. (Owl Labs)
  • Despite the perk of remote work, less than 34% would take a pay cut of 5% to work remote fulltime while just 24% would take a pay cut of 10% for the same option. (Owl Labs)
  • 69% of millennials will trade other benefits for flexible work options including remote work. (IWG)
  • 75% of people say their companies will not compensate for the internet if they work remotely. (Buffer)
  • 30% of remote employees say they save upwards of $5,000 annually without on-site work expenses and work travel. (CoSo Cloud)
  • 71% of companies also do not compensate for the coworking spaces of remote employees. (Buffer)
  • Businesses would save an average of $11,000 annually per half-time telecommuter. (Global Workplace Analytics)

Remote Work Challenges

  • More than half of remote employees say they feel disconnected from in-office employees (CoSo Cloud)
  • 22% of remote employees report that unplugging after work is their biggest challenge. (Buffer)
  • 19% of remote employees report loneliness as their biggest challenge. (Buffer)
  • Despite receiving confidential business data to their remote location regularly, less than half of remote employees say they receive proper internet security training. (GetApp)

When making considerations about working from home or starting a home-based business, review these statistics above and keep in mind. The world is evolving and with need for less contact at a time when viruses are flourishing, it can not only be viable, but necessary.

Look for future articles about how to be a successful remote employee or how to remain productive and maintain visibility while working from home coming soon.


Looking for a work-from-home opportunity that allows you to command your work lifestyle? Visit the Work With Rita page and reach out!

Share Your Comments Below

Multi-Page

Leave a Reply

Your email address will not be published.