It’s safe to say that remote work is here to stay since the onset of the pandemic, offering benefits such as flexibility and access to talent, but also challenges that need to be managed to ensure productivity. Indeed, with workforces
This article discusses 8 common pros and cons of remote working.
It may seem somewhat surprising, but research has continued to show that far from using their time at home to skive, employees are actually more productive at home. In fact, on average, workers in the US have been shown to be 13 per cent more productive when working from home since the start of the pandemic. This is mostly likely to do with the fact that remote workers are able to create their own schedules and work in environments which they find more conducive to their productivity.
Effective communication with colleagues is important for productive teamwork. However, remote teams may face challenges with communication and collaboration as they rely on digital means such as instant messaging and video calls. While these tools can be helpful, they can’t replicate the effectiveness of in-person interactions. Poor communication can lead to unsuccessful collaboration among remote teams.
When employees recognise that their employers are offering them greater freedom and flexibility to get on with the job, they are more likely to feel more motivated to repay that trust with a better performance. This is especially true of employees with families or personal responsibilities that make it difficult to work a traditional 9 to 5 schedule in an office setting. In addition, remote working eliminates the need for a daily commute, which can be a significant source of stress for many people.
Another major con of remote working is the potential for distractions at home. The line between work and personal life can become blurred, leading to difficulties maintaining focus and productivity. Common distractions include household chores, children, pets, and the temptation to engage in leisure activities during work hours. Additionally, remote workers may not have a dedicated workspace set up in the home, leading to the added stress of trying to work in uncomfortable conditions or a shared and noisy environment.
Flexibility is undoubtedly one of the biggest benefits of remote working. Firstly, it gives employees greater control over how they fit their life around the work responsibilities. For example, if they need to run a quick errand nearby the house or are waiting for a delivery, this can easily be achieved without disrupting their entire day. Moreover, remote working can also provide employees with the opportunity to work from anywhere, leading to increased flexibility in terms of location and travel.
Remote working poses a significant risk of cybersecurity threats due to remote workers accessing company networks and sensitive information from personal devices and unsecured networks. This increases the likelihood of data breaches and cyber-attacks. Additionally, the lack of familiarity of remote workers with security protocols and procedures, and the absence of security and surveillance in a home setting, may lead to accidental breaches and unauthorized access to sensitive information.
Remote working can result in financial benefits for both employees and employers. Remote employees can save money by not having to commute, reducing transportation costs and expenses such as eating out for lunch and workwear. Employers can also save costs on office space, utilities, and recruitment by having a remote workforce that can tap into a global talent pool without being limited by geographic location.
Remote work can have negative effects on mental health and well-being as remote workers may feel lonely and disconnected without social interaction and camaraderie of a traditional office setting. It can also lead to missed opportunities for important workplace relationships, networking, and mentorship. Remote workers may struggle with work-life balance, leading to burnout. Additionally, the lack of physical interaction with colleagues can make it difficult for remote workers to build trust and collaborate effectively on projects.
Exacta Solutions is a business consulting and recruitment firm with offices in Malta and Bulgaria, specializing in providing services to companies and professionals throughout Europe and the Middle East. The company offers a comprehensive consultation service that includes analyzing current practices, identifying opportunities, advising on the way forward, and assisting with execution. It operates on the principles of mutual trust and hard work, and has a team of professionals with extensive experience in online gaming and other fast-moving industries. Exacta Solutions bring a diverse range of perspectives and experiences to develop effective solutions for their clients’ business challenges.
The recognition of achieving this standard means that Videoslots and its associated brands have successfully met all the stringent international standards for its ISMS
Malta received heavy criticism when it introduced Bill 55, protecting locally licensed companies from foreign legal action for activities covered by their MGA licence. Here, we explore the arguments in favour of Bill 55 from the Malta-based iGaming ecosystem
The sale was made for €19.8 million to an undisclosed buyer or buyers
The Head of HR Commercial and Operations sits down with iGamingCapital to discuss the Group’s most valued resources, its employees