To get ahead of the increasingly competitive demand for skilled & qualified candidates, clients and entrepreneurs such as yourself must think outside of the box. Specifically, think outside of your geographical limits. Embrace a more flexible remote workforce.
As you know, access to skills is one of the biggest challenges there are for companies (amongst financial funding and limited operations due to the pandemic), and skill-shortage is more of a shortage for qualified individuals.
Due to the pandemic, some companies had to lay off employees, and keep ones that are too important and those who could do more for less. However, that is not the case for every organization, some need to hire people who can help them survive this trying time.
It is when companies’ demands are greater than the actual supply. To combat this, the majority of companies are now taking action by hiring their remote staff and virtual assistants to access the skills they need to get the work done. Which no surprise, sufficed and eased the shortage for the following reasons:
1. It is cost-effective
Hiring and working with a remote staff gives you a reliable force of a collective of professionals working full-time exclusively for your needs, without the need to shell out a big amount of money for operational costs. Additionally, companies have another opportunity to save money with remote work. Did you know that companies that allow remote work have less turnover rates than those that do not?
2. It has more efficient processes
Remote teams spread across the globe in different time zones working 24/7 could be a great asset. With the proper use of collaborative tools, everything would be seamless. Consistency, continuance, and diversity would be a big benefit for both operations and customers.
Working from home, as proven today, works. There are tools to help manage people, tasks, and even track activities and performances. If you are worried about the said concerns, that only means that you lack trust in your team, or that you know they are not capable of doing their jobs.
3. It is more productive
It is also no secret that those who have flexible work-from-home setups are happier and more productive in doing their jobs than those who do not. So, what does this mean? Isn’t working from home, flexible enough? No. See, there are managers that still tend to micromanage their staff even during an existing work-from-home setup as if they are inside the office’s acoustic and operable walls. Unfortunately, this approach only leads to misunderstandings and miscommunication.
Furthermore, if you need to be present onsite, give potential candidates and existing employees the liberty to still work remotely to be safe too, if and only if the nature of the job would allow it.
4. It provides you with a larger talent pool
The same flexibility above grants you access to a wider pool of skilled and qualified candidates, as millennials will pass up other work benefits for flexible work and a shot to work-life balance.
Millennials now make up more than half of the total working population in the country. This passion-driven generation is all about the nomadic lifestyle where they can thrive and enjoy at the same time. So, if you do not allow a more flexible working setup, you are already losing a good portion of potential talents from this generation. So, think about it.
5. It gives you scalability
With the big costs of operations, finding and hiring a more equipped team for your business is easier. Staffing firms can very much help you to quickly secure good candidates. They can also take care of other aspects of the hiring process for you. The fluctuating supply and demand and or other challenges shall no longer hinder your company’s growth.
Remote working is here to stay, if not permanently, it will be an employee expectation from the management. Now that the world is slowly healing and progressing towards the new normal, workers are already asked to come into the office by and by. However, that does not necessarily mean that your employees need to report the whole week, do they?
Remote working is now considered as a viable work setup alternative, and has already been solving the skill shortage for businesses who thought outside of the box and worked outside their geographical limit. It is on the rise, becoming the new norm as we move forward and through the pandemic. The only question left is, do you have the resources and the policies to support it?