15 Shocking Statistics About Working From Home

It’s been just under a year since Covid-19 came about, which means that – you guessed it – there are more of us working out of the office than ever before. But what do you actually know about remote work?

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Business leaders are slowly coming to grips with the idea that remote work isn’t just a temporary phase, it is here to stay.

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So, whether you’re looking to work from home full-time or just want to find out a little more about the remote work lifestyle, we’ve compiled some shocking (and a few not so shocking) statistics about work from home. You might be surprised by some of them!

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Statistics are from GlobalWorkplaceAnalytics, Buffer, IWG, The Dai-ichi Life Research Institute, PwC and Upwork.

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The Covid Effect

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As expected, Covid-19 has had a huge impact on the way we work.

• 88% of global organizations offered remote work options to employees during the pandemic to limit the spread of the virus.

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• 78% of over 600 CEOs agreed that remote work is here to stay for the long-term.

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• It is estimated that there will be a staggering 87% increase in the number of people working from home compared to prior to the pandemic.

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Employee Satisfaction

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Nowadays, employee satisfaction is everything. Companies with happier employees have been found to have less turnover, are more likely to out perform competition, and be more profitable.

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So, how does remote work fit into all of this?

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• Employees who can work from home say they're happy in their current job 29% more than office workers.

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• Remote workers say they are likely to stay in their current job in the next 5 years – 13% more than office workers.

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• Remote workers reported having:

            o  Better work-life balance (91%)

             o  Increased productivity/better focus (79%)

             o  Less stress (78%)

             o   Avoiding a commute (78%)

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The Other Side of Remote Work

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But while there are many benefits to work-from-home, it’s not all rainbows and sunshine.

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• A study by a private think tank estimated that remote work will cost businesses in Japan more than 1.3 trillion yen ($12.1 billion) a year.

• 22% of employees working from home reported struggling with unplugging from work and communication issues.

• 20% of remote workers find it difficult to cope with loneliness, which has only worsened over the last few months due to lockdowns and social distancing measures.‍

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In order to maximize the benefits of working from home, it is crucial that employers implement policies to support their employees such as offering mental health perks.

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Plus, if working from home does get too lonely or difficult for some reason of another, companies can consider using the BOOQED app to help workers find a temporary workspace near their current location.

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What This Means for Your Company

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• Companies that offer an option for remote work have a lower employee turnover rate (25%).

• 81% of employees at companies that offer remote work would recommend their company to others.

• 27% of workers are willing to take a 10% to 20% pay cut to work remotely.

It’s clear that employees prefer and appreciate having the option to work from home, and if done correctly, can benefit your company too!

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To learn more about remote work, check out some of our blog posts on...

• Worth It? The REAL Costs (and Benefits) of Remote Working
• 10 Benefits Of Working From Home That Will Help You See How Good It Is

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