50 Working From Home Statistics Tech Employers Should Know
We’ve gathered some of the most recent statistics and reports on working from home (remote working). As many of the world’s biggest corporations offer more flexible working arrangements for their employees, we look at the reasons why and the benefits gained from offering work form home opportunities to tech employees.
Around the world, working from home and/or from remote locations has grown by over 159% since 2005. The fact is, flexible working conditions don’t just produce happier, more productive employees, but are also a key lever in attracting the best talent to IT companies too.
What kind of flexibility is offered currently?
Do employees want to work from home?
Why do employees want greater flexibility?
Are they more productive?
Will flexible working help retain staff?
Does flexible working contribute to greater wellness and health?
Can working from home save money and positively contribute to the environment?
Current working from home flexibility:
In 1999 the percentage of people working flexible hours in the UK was 9.5 percent, in 2019 that number increased to 54 percent having the option to operate outside of typical nine-to-five office hours.
The UK (19%) is behind only Iceland (28%), Sweden (25%), Netherlands (21%) and Luxembourg (20%) in terms of employees who sometimes work from home.
70% of 18 – 34 year olds regularly take advantage of anywhere working whereas only 51% of 45 – 60 year olds do.
Only one in five (18%) employees say their employer offers flexibility for carer duties.
Working from home is what employees want:
86% of men and 77% of women with dependent children would like greater flexibility in their current roles.
Two in three professionals (68 percent) would like to work flexibly in a way that is not currently available.
80% of remote workers say they are happy with their job, compared to just 55% of on-site workers.
53% work from the company office every working day but only 20% wish to do so.
54% of remote workers said that having a choice of work location is more important to me than having an increase in holiday allowance.
94% of remote workers would encourage others to work remotely.
89% of workers say flexible working should be how we work, not just considered a benefit.
Why employees want more flexibility:
Here are the main reasons that remote workers give for deciding to work remotely:
Better work-life balance – 91%
Improved productivity – 79%
Avoid commuting – 78%
Less stress – 78%
Saving money – 76%
Childcare responsibilities – 48%
Accommodating disability – 44%
Moving home – 43%
No company office – 41%
Elderly care responsibilities – 38%
Employees would potentially give a lot to be able to work more flexibly, Fuze respondents would be prepared to:
Move to another company – 54%
Take on a greater workload – 40%
Pay for their own technology – 31%
Give up company benefits – 24%
Take a pay cut or demotion – 18%
Remote working can be more productive:
85% of over 15,000 global business confirmed that greater location flexibility lead to an increase in productivity.
13% of remote employees are more productive overall, and also take fewer breaks and sick days.
Flexible working benefits can aid tech employee attraction & retention:
22% of UK workers have changed company or department to find greater flexibility – equivalent to more than 7 million workers across the UK.
70% of remote workers said that having a choice of work location is a key factor for me when evaluating new career opportunities.
76% of workers said they would be more loyal to their employers if they had flexible work options.
There is a predicted 10% boost in employee retention in 2020 when companies support a choose-your-own-work-style culture.
80% of people said that when faced with two similar jobs, they would turn down the position that didn’t offer flexible working conditions.
42% of men with dependent children and 46% of mums with dependent children would stay in their roles for longer if they had greater flexibility.
Remote working can be a positive influence of better mental health and wellbeing:
15.4 million days lost to workplace stress and anxiety in the UK alone in 2018.
77% of remote workers say that working from home has improved their overall health and wellbeing.
In the US, a staggering 55% of remote workers take fewer than 15 days of vacation per year.
95% of workers say work-life balance is an important factor when searching for a new job.
Only 19% remote workers say that they struggle with loneliness when working remotely.
Only 15% of remote workers admit that spending more time with the family is an advantage of working from home.
Working from home can save money and the environment:
It is estimated that US firms will save over $4.5trillion per year in the US alone as a direct result of remote working by 2030 due to improving productivity, reducing fixed overheads and increasing agility.
54 million tons of greenhouse gas could be reduced each year if those with remote compatible jobs worked at home for just half the time (equivalent to taking 10m cars off the road).
78% of remote workers use their home as their primary place of work with 22% either working from a shared space or smart office hub.
However, once a company goes remote it is very difficult to reel employees back in from the advantages of working away from the office:
Because 99% of remote workers would like to continue with working remotely at least part-time for the rest of their careers.