The Importance of Hiring the Best Talent, Irrespective of Where They Are Located
When it comes to deciding who to hire, most employers specifically look for applicants located in proximity to the office.
Candidates who can physically come into the office every day is a preference shared by many companies. However, this approach (while traditional) does not always guarantee that the applicant awarded the position, is the most talented candidate available nor the best fit for the job.
Hiring remotely is a fairly new concept in the business world. Thanks to the internet, as well as advances in technology over the last few decades, it is now entirely possible for a company located in the United States to employ a worker from India, without anyone having to relocate.
The rate of people around the world opting to work remotely is continuously rising, allowing more and more companies a chance at choosing employees from a far wider talent pool. Despite this, many companies are too deterred by the thought of hiring someone who would never step foot into the office, to consider the benefits of remote workers.
Here are just a few benefits that come with hiring remotely that you should consider before writing off these applicants:
Remote workers are proven to have increased levels of productivity
In an experiment conducted by Stanford professor, Nicholas Bloom, it is proven that employees who work from home have higher levels of productivity and concentration. After all, these workers are in a comfortable environment, don’t have to worry about a commute, and have better work-life balances. Their happiness translates into quality work. Bloom recorded a 13% improvement in performance among remote workers.
Research show a decreased rate of employee turnover, among remote workers
In the same study, Bloom found that resignations from companies dropped 50% when employees were working remotely. After all, employees leave their jobs for a multitude of reasons, popular ones being too long of commute, need more time with their family, moving, etc. By taking away the stipulation that they MUST be present in the office to keep their position with the company, there are far fewer reasons for an employee to feel the urge to hand in their two weeks notice.
Companies are proven to save money when their employees are working remotely
Fewer employees within the office means that, as an employer, you don’t have to rent as large of an office space. Additionally, if your company pays for employee meals, transportation, relocation, etc.; you can cut all of those expenses by hiring remotely.
There are a vast number of benefits when it comes to hiring remotely, so why wouldn’t you choose an insanely talented remote worker over a locally based, yet mediocre, employee?
The concept of remote employees may seem strange at first, but the world is rapidly changing. Every year, more and more talented individuals decide to work remotely and this trend is only going to continue. Don’t miss out on the best talent that the world has to offer, solely because that employee works remotely.
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