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Remote work may make it easier for workers to balance their work responsibilities with their personal life and family roles such as caring for children or elderly parents. Remote work improves efficiency by reducing travel time, and reduces commuting time and time stuck in traffic congestion, improving quality of life. [58] [63]
Indeed, earlier Owl Labs research has found that remote workers spend half the amount of money as in-person workers. The commute, lunch, and occasional coffee, among other little expenses, can add ...
An occupational stressor that needs to be addressed is the problem of an imbalance between work and life outside of work. The Work, Family, and Health Study [80] was a large-scale intervention study, the purpose of which was to help insure that employees achieve a measure of work–life balance. The intervention strategies included training ...
A significant portion of the workforce is now balancing both in-office and remote work, with the average employee spending 3.5 days a week at the office, according to the McKinsey Global Institute.
Our working lives provide us with something more important than a pay cheque.
During the COVID-19 pandemic, millions of workers began remote work for the first time. [7] 88% of office workers worldwide reported working from home during the pandemic, which was novel for 57%. [8] Research from IWG found that 70% of employees globally work remotely at least one day every week, and more than half do so at least half of the ...
According to Stanford University economist Nicholas Bloom, who has studied remote work for decades, prospective employees are willing to relinquish as much as 8% in annual salary if it means their ...
High morale will cause employees to put in extra effort, find ways to work more efficiently, and do higher quality work. [6] An employer with a well-known track record of high morale among employees is also much more likely to attract and retain high talent employees. High morale provides a competitive edge in good times and bad.