This guest blog has been provided by Kevin Sheridan, best-selling author and innovator in the field of Employee Engagement.
According to Harvard Business Review, 40% of the existing worldwide workforce are virtual workers (people who work remotely). This is trending upward and will continue for several important reasons.
First, a remote work policy facilitates a powerful way to attract top talent, especially Millennials and Gen Z, the two generations who value autonomy and scheduling flexibility the most. To quote Bob Dylan, “The times they are a changing,” and organizations need to change with them. Given that reality, the business case for remote work becomes even more compelling.
Second, flexible work hours and allowing employees to work remotely makes clear and fundamental business sense. The statistical ROI-based research illuminates that working from home makes sense for both employer and employee. Simply put, the business case for remote work has been proven. For example, having good virtual work policies is highly correlated to:
Each year, the population of remote workers grows, and observing this pattern contributes to the belief that remote work is here to stay. In fact, Harvard Business Review also reported that by 2020, over 50% of the world’s workforce will be remote.
To remain competitive in this increasingly distanced world, the decision for your organization to move toward more virtual work should be an easy one. Share the business case for remote work with your management team and see if you can better leverage this opportunity!
On a side note: I am available to help coach “old-school” managers into believers in remote work and flexible work hours. Please call me if you need help in this regard!
1 Gallup – 2017 State Of The Global Workplace Study.
2 Forbes Study, June 6, 2018.
3 HR Solutions, Inc and Gallup Studies.
4 February 1, 2018 Frisco Style Publication.
Kevin Sheridan is an internationally-recognized Keynote Speaker, a New York Times Best Selling Author, and one of the most sought-after voices in the world on the topic of Employee Engagement. For six years running, he has been honored on Inc. Magazine’s top 100 Leadership Speakers in the world, as well as Inc.’s top 100 experts on Employee Engagement. He was also honored to be named to The Employee Engagement Award’s Top 101 Global Influencers on Employee Engagement of 2017 & 2018.
Having spent thirty years as a high-level Human Capital Management consultant, Kevin has helped some of the world’s largest corporations rebuild a culture that fosters productive engagement, earning him several distinctive awards and honors. Kevin’s premier creation, PEER®, has been consistently recognized as a long-overdue, industry-changing innovation in the field of Employee Engagement. His first book, Building A Magnetic Culture, made six of the best seller lists including The New York Times, Wall Street Journal, and USA Today. He is also the author of The Virtual Manager, which explores how to most effectively manage remote workers.
Kevin received a Master of Business Administration from the Harvard Business School in 1988, concentrating his degree in Strategy, Human Resources Management, and Organizational Behavior. He is also a serial entrepreneur, having founded and sold three different companies.