The cat is out of the bag and the enigma has been solved; distant recruitment, which was once a secretive approach for enterprises with workers situated in diverse geographical locations, is quickly becoming typical procedure. Embracing remote hiring is no longer viewed as a disapproving practice; it is turning the business world on its head and the advantages of international staffing are now taking over the traditional method of hiring locally.
Enterprises of all magnitudes, spanning from petite start-ups to large and well-established associations such as those listed in Fortune 100, have realised the potential of recruiting permanent remote personnel situated in different nations globally to propel their businesses. As a result, they have expanded their teams, refined their competencies and positioned themselves as frontrunners in the industry.
To know more about the advantages of having telecommuters work full-time for your company, you can read our blog post on the productivity benefits of telecommuting for your business.
Employing remote workers could be the ideal solution to address any IT manpower problems your enterprise may be encountering, be it expanding your team or eliminating underperforming personnel.
The below circumstances indicate that remote employees would be an appropriate fit for your enterprise:
You’re Sorting Through a Stack of Needles.We understand that finding the perfect candidate is often a lengthy process. But if your pool of candidates is confined to a commutable radius, then that needle you’re searching for is miniscule in a vast sea of hay. Local recruitment may take longer and you may have to settle for someone who is not entirely suitable. By expanding your search to global candidates, you will have a broader range of experts to choose from. Competence and expertise have no geographic limitations.
Harvesting the Money Tree:A tight budget should not result in settling for less qualified candidates during recruitment. Remote employment reduces overhead costs for firms, which can then be utilised towards compensating an expert (in certain instances, remote worker salaries can be less costly – see #4). Studies indicate that companies save around $11,000 per year by allowing employees to work remotely for half of their time. Imagine the possibilities of financial growth that can be achieved by hiring remote personnel.
You’re Forced to be in Close Proximity with ColleaguesAs we mentioned earlier, in addition to the minimal to no overheads such as office equipment and hardware, the rental expenses involved in expanding your office space with each new team member can add up significantly. Recruiting staff from areas beyond your present location could aid in cost savings, prevent interruptions, and eliminate the hassle of searching for a bigger office space.
Unwanted Competition Lurks Nearby:May sound like an obscure reference, but when competing for a top developer or industry specialist, or dealing with headhunters trying to attract your team, incentives such as bonuses and a company vehicle may not be sufficient. According to studies conducted by Global Workplace Analytics, 36% of personnel would rather work remotely than receive a salary increase, and 37% of tech professionals would even accept a 10% pay cut if working from home was an option. In return, 76% of workers express greater loyalty towards their company, and given that a firm may lose anywhere between $10k to $30k for each employee that quits, this becomes an easy decision. Stay out of harm’s way by avoiding any potential threats.
Freelancers Fired Shot After Shot:You’ve experimented with independent contractors and temporary project-based employees, but to no avail. However, recruiting remote staff doesn’t always imply part-time recruitment. Presently, more and more companies are establishing dispersed teams to enhance productivity. Published research suggests that telecommuters report higher levels of job contentment and are nearly two times more likely to work over 40 hours per week compared to non-telecommuters. In addition, as unplanned absences can cost companies an average of $1,800 annually per employee, it is more practical to employ a full-time remote worker who is invested in their work and your enterprise. Ensuring job satisfaction for workers is crucial so that they don’t become disruptive.
Remote work arrangements can prove to be extremely beneficial for businesses, and in many circumstances, it may be the optimal solution. At Works, we take pride in being the industry’s leading remote recruitment specialist, offering a unique recruitment model that enables businesses to efficiently and expeditiously recruit top talent from across the United States. Our team of IT recruiting experts can assist you in building dynamic teams across North America and ensuring that you have the most capable individuals in the right positions. Discover how Works can help augment your recruitment capabilities today.