Prominent businessman James Paterek understands how remote work changed the business landscape for employers and employees alike. Remote work was becoming popular recently, but it skyrocketed in 2020 and continues to flourish.
Many companies are now contemplating the future of remote work and whether they’ll continue to allow it. Looking at the pros and cons of remote work – or incorporating a hybrid schedule – can help with that decision.
James Paterek Discusses Remote Work: Pros and Cons
Projections indicate that 25% of North American jobs will be remote before 2022 ends, and that trend will likely continue. Today’s technology and internet connectivity allow remote employees to work effectively from their homes.
Productivity
Studies show that over half of remote employees report working more hours at home than in an office. Surveys of employers confirm that productivity is at least the same or higher than it was previously.
Flexibility
Remote employees typically have more control of their work schedules and don’t have to work commute times into their daily routine, allowing them to have more options in their personal time.
Employers can designate tasks for in-office and at-home days.
Environment
Fewer employees traveling to work means fewer fuel emissions to harm the environment. It also lessens the impact on city infrastructures by reducing traffic congestion. However, remote work increases energy consumption in homes.
Health
When employees congregate in an office or other communal setting, the risk of spreading illness increases. Employees face possible sickness while employers may see decreased productivity.
Employee Satisfaction
An overwhelming number of employees prefer remote work for at least part of their scheduled shifts. Hybrid schedules combine the best of both worlds, and most workers and employers find them beneficial.
Security
Remote employees typically use public or personal networks and multiple devices to perform their work, potentially creating cybersecurity risks. However, many employers address this concern by educating their employees and providing security software. This benefits employers and employees alike.
Challenges
While some platforms promote collaboration and communication between employees, some workers find it challenging not to have immediate access to supervisors or co-workers. Some employees feel isolated and become depressed. Others find it hard to separate their work and personal lives.
Employers must find effective ways to monitor their employees’ workdays and performance.
Expenses
Employers can save money by downsizing or eliminating some locations without the need to provide a space for employees to work.
Employees who work remotely don’t have daily expenses commuting to work. They’re less likely to eat out, saving that money also.
Hybrid
Hybrid scheduling can alleviate some remote workers’ challenges, but employers must continue to shoulder the overhead expenses of maintaining office spaces.
Who Is James Paterek?
James Paterek is a leader and executive manager, obtaining years of experience in service-based companies. He also has experience in consulting, raising financial capital, and acquiring and integrating companies. He has worked with private and public businesses. He is currently the CEO of both Paterek & Company and Millbrook Support Services, Inc.