People may think that only freelancers work from home. However, in my point of view, working from home benefits for all companies' employees if they can set up a good management system to manage their employees.
First, the company can grab many excellent employees across the world if they offer working from home opportunities. Talents are in every corner of the world so it is easy for a company to get them by excellent human resource campaigns from job posting, interview process, background checks to the offer. Since qualified human resource is a valuable asset, the company can spread its strengths and competitive advantages by talents across the world. They will not limit their human resources by dealing with local human resources only and even save cost because of different GDP per capita in different countries. Excellent employees from Asia countries may charge less than European countries regarding the similar qualifications.
Second, working from home is the best way for employees to balance work and lives, so they will have strong motivation to maintain working condition by their contribution to the company. In order to do that, the companies should give them clear outcomes, communication methods and deadlines, and the employees can work by their ways as long as they achieve their goals, meet the outcomes and deadlines. They can enjoy their moments with kids, take care of them and still complete their work. Once the employees enjoy both working and lives, they can create, innovate and significantly contribute to the team's success because they understand that they will be rewarded back by the excellent working condition which they can enjoy life the most.
Third, working from home will make the companies save other resources such as rental office cost, stationery, etc. And since resources are limited, this is a very important point for generating profits. In addition, the company still budgets for this cost if they have full time employees at the office and use a part of them to reward the best employees or for other profitable purposes.
The mentioned benefits may be clear, but how can we deal with problems raised by working from home. There are many notes to consider:
First, utilizing advanced technology to manage team members with project management platforms like Asana; Trello; Mavenlink, etc. These platforms are strong to create tasks, set deadlines, log performances and communicate directly with comments on each task.
Second, requiring regular communication via Skype, Gtalk, Webinar to have further discussion and guidelines.
Third, dealing with diversification issues with strong project management system and business culture. The clear norms, policies and requirements make employees motivate working and clarify their paths in the organization.
Fourth, dealing with legal issues such as salary, tax, benefits for employees according to local law.
Fifth, considering to balance offline employees and online employees to meet the business goals and objectives. No way is the best way.
In sum, working from home is increasing due to the internet's strengths and advanced technology. However, make sure that your business is ready to hire online employees before your implementation!
Posted on LinkedIn in June 17, 2014
https://www.linkedin.com/today/post/article/20140617085909-159856846-many-benefits-for-a-company-if-its-employees-work-from-home?trk=prof-post
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