Constant innovation of technology has helped multiple companies operate with remote work options which have seen significant growth in recent years.
But with the sudden global outbreak in 2020, even companies who were not open to telecommuting options have been forced to adapt.
Recent research shows that an estimated 22% of the American workforce will work on a remote basis by 2025. This only proves that 77% of current remote workers believe that they are more productive when working from home.
According to an Owl labs survey from 2021, 55% of respondents said they work more hours at home than in the office. This same report indicated that only 36 percent of participants believe that working in an office setting is best suited for individual work.
Owl Labs found that 32% of those polled stated they would quit their current job if they were unable to work remotely.
In this article, we will discuss the statistics regarding working remotely. From general statistics, earnings, retention and recruitment, and the challenges that businesses face.
13 General Remote Work Statistics
Here are 13 general statistics about working remotely in the US and worldwide.
1. 62% of employees between ages 22 to 65 occasionally work remotely
Nowadays, many organizations prefer to be flexible, meaning that even if they do have an office set-up where employees can go to work, there’s also the possibility for them to work from home at least occasionally.
2. Fully-remote companies make up at least 16% of worldwide
Although it is still a small percentage, the fact that there are now organizations that have no office and function entirely remotely demonstrates how far remote work has progressed.
3. Technology (10%), healthcare (15%), and financial services (9%) are the industries with the most remote workers
Web design, content creation, and web development are frequently connected with remote labor in the technology and digital marketing industries. Healthcare, on the other hand, is the industry with the most distant workers.
It only shows that no matter what field you work in, seeking remote possibilities is always worthwhile.
4. The number of individuals working from home has increased by 159 % since 2009.
There are a variety of reasons why remote work has grown and continues to grow, but two of the most important are rapid technological advancements that allow people to work from anywhere in the world and, as we’ll see shortly, a good work-life balance and an increasing number of people who value flexibility when looking for new job opportunities.
5. There are at least 44% of companies worldwide that don’t allow work-from-home setup.
Despite the evident rise of remote work, there is still room to improve, as nearly half of all businesses do not permit employees to work remotely at all. Given the situation that most businesses face in 2020, it’s likely that this figure will begin to decline.
6. In cities with high economic levels, remote employment is more common.
This could be explained by the fact that residents of areas with higher Income Trend Scores are more likely to be able to acquire the gear (and, in some cases, software) required to shift to remote work.
Furthermore, many of these individuals are likely to hold desk occupations, which are easier to convert into remote ones.
7. Even if it was only part-time, 99% of individuals would opt to work on a remote basis for the remainder of their lives.
This is perhaps one of the most telling figures about remote work today. Employees are looking for flexibility and freedom, and nearly all of them would want to be able to work remotely for the rest of their lives if they could.
8. Remote workers are predicted to make up 73% of all departments by 2028.
Remote employees will make up 73% of all teams in eight years, according to predictions. This not only confirms the evolution of remote work but also demonstrates that telecommuting will become more common in a wider range of businesses.
9. Because there are fewer interruptions, 75% of people prefer to work from home.
This data on remote work is strongly related to the previous statistic. Loud coworkers are the most distracting aspect at an office, and you certainly don’t have to deal with that while you work from home. Finally, this leads to the previously mentioned increased production levels.
10. When working from home, 77% of remote workers claim they are more productive.
Because you don’t have a supervisor or boss overseeing your work when you telecommute, many people believe that distant work means low productivity. However, this could not be further from the truth, since 77 percent of employees who work from home get more done.
11. 69% of millennials would forego some job benefits in exchange for more freedom and flexibility in their work environment.
We weren’t joking when we mentioned that today’s workforce values freedom and flexibility.
More than half of the professionals who are millennials would be ready to forego other perks in exchange for the flexibility to work from home and achieve the work-life balance described in the previous figure.
12. People opt to work remotely because it allows them to have a better work-life balance.
Working from home gives you more control over your schedule and eliminates the need to waste hours of your day caught in traffic or on an overcrowded train.
As a result, individuals who don’t work in an office have more time to spend with their families, hobbies, or simply relaxing, which is seen as the most significant benefit of telecommuting.
13. Telecommuting saves the equivalent of 600,000 autos in greenhouse gas emissions.
Remote work is beneficial to both businesses and employees, and it is also beneficial to the environment. The rationale is simple: because people can work remotely, they don’t have to commute every day, resulting in fewer automobiles on the road and lower pollution levels.
3 Statistics on Remote Work Earnings
1. In terms of transportation, food, and childcare, remote employees save roughly $7,000 per year.
Apart from earning more money, remote workers can save more money because they don’t have to pay for public or gas transportation, they can cook at home instead of going out for lunch every day, and they can care for their children once they get home from school.
2. Remote employees earn an average of $4,000 more per year than regular workers.
As if the work-life and productivity balance perks weren’t enough, remote workers can earn more money than regular workers. It’s worth noting that many remote workers hold high-ranking positions within the organization, which likely adds to this number.
Getting remote work, however, has a lot of financial possibilities.
3. Companies that allow working remotely see a $2,000 profit increase per remote worker on average.
Employees aren’t the only ones who benefit financially from remote work; corporations can save considerable sums of money as well.
After all, the fewer in-office staff a firm has, the less money it has to spend on rent, utilities, travel reimbursements, supplies, repair and maintenance, and other expenses.
5 Retention and Recruiting Statistics
1. For many teams, 85% of managers anticipate that having workers from home will become the new normal.
Although some managers may have reservations about remote work and its benefits, the majority of managers (6 in 7) feel that hybrid teams of in-office and remote employees will become the norm in the future.
2. Small businesses have twice the chances to hire full-time remote employees.
It should be obvious by now that implementing a work-from-home policy can save a company a lot of money, which explains why newer businesses are more willing to hire full-time remote workers.
As a result, they will be able to expand their finances for other operations, such as advertising and marketing, which will help them not only survive, but also grow into a larger organization.
3. 74% of employees feel that having the option to work from home would make them less likely to leave their current employer.
Managing a remote team can be difficult because coworkers don’t see each other on a daily basis, making it difficult to build a strong business culture, which could lead to people quitting.
However, data suggest that this is not the case, since 74 percent of employees would be less likely to leave if they could work from home.
4. Recruiters said that being able to market policies about work-from-home helps them locate high-quality candidates 64% of the time.
Given that many potential candidates are looking for organizations that provide some flexibility and independence, it’s no wonder that more than half of current recruiters find it simpler to locate top talent when they can advertise a position as partially or entirely remote.
5. Companies that enabled remote work saw a 50% drop in resignations in 2017.
If the previous figure seemed implausible, knowing that businesses have firsthand experience with it may make it seem more credible.
According to Stanford University research, when organizations began enabling employees to work remotely, the number of resignations dropped by half.
Statistics in Remote Work Challenges
1. Only 70% of remote workers receive regular sessions and training from their employers.
In reality, 87% of remote workers receive regular programs and training, with 70% getting it directly from their employer. Those who require further training but are unable to obtain it through their employer can choose for and pay for online courses available on the internet.
2. Unplugging after work (22%), loneliness (19%), and communication (17%) are the top three issues connected with remote employment.
Working remotely isn’t without its drawbacks, and for many people, the most difficult aspect is being able to disconnect after working hours from work and officemates.
Apart from that, loneliness and hampered collaboration and communication that comes with not working alongside coworkers are two additional issues that many remote workers face.
3. Only 23% of remote workers say their employer pays for their membership in a coworking space.
Although telecommuters can work from home or a coffee shop, they may need to visit a coworking space if they need to meet up with clients or coworkers, or if they simply want to avoid the loneliness that many telecommuters experience.
However, just 23% of businesses cover the cost of a coworking membership on a monthly basis.
4. Employees who work from home are 16% less likely to agree that their boss involves them in goal-setting.
Knowing that one of the most difficult obstacles for remote workers is communication, it’s no wonder that many of them believe their boss doesn’t involve them in defining work goals, which, of course, doesn’t make them feel as connected as they would like.
5. Remote workers, according to 54% of IT professionals, pose a bigger security risk than regular staff.
Remote workers rely on the internet and technology to do their tasks, and the truth is that they are constantly vulnerable to cyber-attacks.
That is why remote team managers must provide cyber-security training and ensure that remote staff has the proper software, such as a VPN, to protect their laptops.
Current studies show that, whether you’re a small or big business, adapting to a remote work set-up can provide you with multiple benefits.
Not only will it allow you to allocate your budget into more useful things, but it can also be healthier for you and your employees.