Willis entrepreneurs can improve employee retention by offering remote work opportunities

Knowing how important it is to be open minded

Before we get into the details let's talk about being flexible. It's not just a buzzword it needs to happen. People who work now want to have more control over when they work. They're trying to figure out how to balance their job their family and their own interests. Driving to work every day can be a pain especially in the summer in Texas. Letting your team work from home gives them more freedom to manage their time better cut down on their commute and maybe just maybe find that balance between work and life that they have been looking for.

It's not just simple though. FlexJobs did a study that found that 65% of workers think they are more productive when they work from home. This goes against the idea that working from home means not doing anything. By giving your team this choice you are showing them that you trust them. You care about how much work they get done no matter where they are.

Finding the Best People

Think about being able to hire the best person for the job not just the one who lives close to your office. You can find a lot more talented people if you work from home. According to a report by Global Workplace Analytics companies that let their employees work from home have a 25% lower turnover rate than those that don't. That's because where someone lives doesn't matter when you hire them anymore.

In the past you might have had to pick the best candidate from your area if you wanted to find an expert in a certain field. You can now hire people from all over the world. This means that you might be able to find someone who has the right skills and is a good fit for your company's culture. This kind of flexibility is no longer just a nice to have in today's digital world it's a must have for businesses that want to stay ahead of the competition.

Reducing overhead costs

Running a business costs a lot of money. Rent utilities and office supplies all add up. Allowing employees to work from home is not only good for them but it can also save you a lot of money on overhead costs. You might be able to move to a smaller cheaper space if fewer people come to the office every day. Or you could save money every day by not buying snacks or using electricity.

According to a Deloitte study companies that let their employees work from home can save up to $11 000 per employee each year. That's a lot of cash. You could use the money you save here to pay for things like better benefits or training for your employees which would make working for your company even more appealing.

Making employees healthier and happier

Employee well being is directly linked to job satisfaction and retention. If your team is happy they are more likely to stay. Working from home can be very good for your health because it lowers your stress levels. No one wants to be stuck in traffic for hours or have to leave the house before breakfast.

Having a better work life balance can also be good for your mental health. Employees are happier because they have more time for family exercise and hobbies. People who work from home are often happier with their jobs and less stressed according to a study in the Harvard Business Review. By letting your team work from home you are investing in their happiness and mental health.

Keeping up with what's new in your field

Lastly it's very important to stay ahead of or at least keep up with what's new in your field. It's not just a trend to work from home it's the future. A lot of big companies have switched to hybrid or fully remote models because that's what workers want these days.

If you don't let people work from home in a competitive market you could fall behind. Companies like Shopify and Twitter have already set things in motion. Companies that don't keep up with these changes might lose good workers to competitors who are more forward thinking. Letting employees work from home shows that your business is modern and flexible. It lets current and potential employees know that you're willing to change and meet their needs.

In the end remote work can be a great way for Willis business owners to keep their workers. It keeps you informed gives you more choices lowers your costs and makes you healthier. You can't afford to miss out on the chance to work from home if you want to keep your best employees and hire even more.