It’s been long since proven that remote employees are more productive than in-office employees, but what about employee retention rate? Does offering your employees the freedom and flexibility of remote working ensure that they’ll stay with your company longer? Remote hiring has the power to increase employee retention rate for every generation. From not losing employees when they decide to move to making it easier for employees to have families, here are four reasons why we believe remote hiring will keep your employees working for you longer.
The chances of a person staying local to city for the entirety of their lives is a slim bet. People move constantly, and unfortunately, this is one of the biggest reasons why employers lose some of their best employees from time to time. With remote working, location isn’t an issue. You’re most-valued employee might decide he or she wants to travel the world for a year, and guess what? As long as there is wi-fi, he or she can do that and continue to work for you. This benefit of remote working also works on a smaller level. If one of your best analysts wants to move from Orlando, Florida to Denver, Colorado, that’s no problem for a remote company, which can continue to work with the employee from across the country thanks to the advancements of technology.
It’s no secret that millennials want flexibility when it comes to finding a job. The numbers are out there. In fact, a whopping 82% of millennials say that they’d be more loyal to employers if they had flexibility. Remote hiring provides exactly that. Seeing as millennials will soon be taking over the workforce, this is an important statistic to take note of. Providing flexibility of work location and work hours is something that future generations value, and it’s something that will help keep them working for the same company if it’s available.
Another big part of the remote work world is the remote hiring process. When you hire remotely, you can hire from anywhere in the world. In doing this, you can seek out star candidates who are interested in sticking with a company for the long haul. Serious candidates will want to grow within a company and do not want to find themselves looking around for new jobs every few years. Instead, they’ll want to stay with your company as long as it continues to be a good fit for their career advancement and skills. Long story short: treat your remote employees well and they will stick with you.
We’ve already talked about how remote work is helping to shrink the gender gap in tech, but this concept can easily be applied across fields. Many women leave the work field when they began having children because it is too difficult to leave home on a regular basis for an office and be a mother. With remote working, the freedom of location and flexibility of hours allows mothers and fathers to more easily have families while remaining employed. You want to see your employees have a fulfilling life outside of work, and by providing remote flexibility, you’re helping to contribute to that cause. And in return? You’re gaining your employees’ loyalty.
Originally published on Remote.com