Benefits of Teleworking for Employers

Good evening, dear guests and dear teachers. First of all, thank you for giving me the opportunity to attend this conference.

With my participation today, I would like to highlight the topic of challenges and opportunities of teleworking for workers and empleyors.
As you know, teleworking is a form of atypical employment based on the nature of work outside the employer's place of work. And the number of teleworkers is increasing every year. After the Covid 2019 pandemic, this figure increased even more. In order to prove this point, I would like to refer to some statistics
As of March 2020, remote work has skyrocketed. The number of teleworkers increased by 42% in the US, 40% in Europe, 32% in Australia, 24.9% in South Korea and 10% in Japan. The United States is the leader in the number of employees working remotely. In this country, 3.9 million American employees worked remotely in 2015, and by 2021 this figure was 4.7 million, or 3.4% of the population. And 77% of teleworkers say they’re more productive when they work remotely.
These statistics show that telework is beneficial for both employers and employees. Let's explore these possibilities and opportunities below.
Benefits of Teleworking for Employers
There are a lot of benefits with teleworking for employers, considering that they are able to set up a well-thought-of and effective teleworking work model for their employees. Some of the benefits include:
Reduces operational costs
For businesses, overhead costs are substantially reduced with teleworking. Companies can rent smaller office spaces and reduce rent, internet charges, electricity, and maintenance, and for companies that provide transportation to employees, it becomes one less expense.
Better Employee Satisfaction
There is better work satisfaction with teleworking with flexible hours and getting to work in a comfortable environment. Employees are willing to work for more extended periods with the company, so the hassle of retaining employees is reduced, leading to lower attrition rates.