Technology is introducing new ways to make the world more connected. The virtual world is making lives easier.
Companies are doing the same for employees by allowing for convenience by opening up to working from home situations.
Collaboration through digital tools is making this tough time a little easier for workers to get by. Now, work from home is becoming the new normal. Earning a handsome income is not restricted to offices only. You can work from the comfort of your home and still enjoy the same benefits with regard to pay, insurance, technology and other aspects.
Also known as remote or digital working, work from home has been in the spotlight for a long time. However, it was not widely accepted by employers before prior to the pandemic, although the popularity was beginning to rise.
today, it has become a viable option for employers as well as employees mostly because of longer commutes and rigid workplace structures.
With good comes bad! According to a survey by Virtual Vocations, approximately 1.6 million people have switched to remote working, and more than 40 million unemployment scams have been reported, partly as a side effect.
Let’s start by taking a look at the betters of a remote workforce and how you can manage your team remotely.
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Benefits of Remote Working for Employees and Employers
Amid the convenience of working anywhere and anytime, the remote working opportunity offers several benefits. Let’s discuss some of the most compelling perks of working remotely.
Better Work-Life Balance
A decade ago, employees could not imagine working from their homes. It was inconvenient for them to complete their office tasks at home, and for many it put a hinderance on enjoying life.
Now, the number of remote workers has increased by 140 percent since 2005, as reported in a study. The convenience of working in your PJs is just one of the reasons that have contributed to this significant increase in numbers.
One issue that exists with work from home is that some people believe that working remotely is blurring the line between work life and personal life. However, working from home saves time and removes the stress and effort of commuting to the office daily. When done right, it allows employees to spend more time with their families, thus, bringing a perfect balance between work and life.
Promotes Employee Well-Being
According to Skillscouter, seven million people in the US were already working remotely. Why are people preferring remote working over traditional office environments?
Without the hassle of reporting to the office, completing eight hours, and bearing with the travel inconvenience, remote workers can pay more attention to their health and spend more time with their families.
Cost-Effective for Businesses
A survey reported that big organizations offer more remote working opportunities as compared to small firms. Companies are always figuring out ways to save costs without compromising the quality of work. Allowing employees to work from home significantly reduces the operational expense of the business.
Forbes surveyed remote workers to learn how work from home is influencing workers and the results were surprising.
Employees with the autonomy to work with location convenience produced products with 40 percent fewer quality issues.
In the same survey, Forbes also reported that employee performance increased with a rise in their independence to work. Freedom to work irrespective of the location and time is not only more convenient but also encourages employees to work faster and better, and often even longer.
How Video Verification Solutions Can Improve Remote Working
Working remotely is undoubtedly a fantastic way to boost employee morale and productivity. It not only generates more profits and cuts back on overhead costs but also enhances the overall environment of the enterprise.
However, fraudsters find the digital world a goldmine to fulfill their malicious intents. For the same reason, scams in remote working are rapidly increasing for both employees and employers. Workers should stay away from scam job posts that offer exceptionally high salaries or that ask money for job confirmation. Employees must dig a little deeper before joining remote workplaces.
Employers, on the other hand, can add a robust video verification solution to their onboarding employees. Video KYC, for example, allows remote verification of applicants through a live video call where a KYC expert of a company can verify documents and the face of the candidates. Employers can filter fraudsters before they can cause any trouble for the company.
A video verification solution is not only beneficial to onboard legitimate workers, but it also makes it convenient for firms to comply with the state’s KYC regulations.
A remote working environment offers numerous benefits to both employees and employers. With convenience, it also brings time-efficiency, effortlessness, and enhances the morale of the employees, altogether.
Moreover, it also saves costs and offers businesses a competitive advantage in the market with increased employee efficiency. Amid other benefits, work from home opportunity is also giving rise to scams for employers and employees. Fortunately, video KYC can help businesses in combating these issues.
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- How to Manage Work from Home Teams with Video Verification - February 9, 2021