Remote working has become the latest trend in employment. It has become so popular due to the multiple benefits it offers for both the individual and the business. Working from home may be a dream for many individuals so offering this option to your employees can be incredibly valuable for the company too. From previous statistics gathered by the Office of National Statistics, it was predicted that half of the UK forces would be working remotely by 2020. This number is huge and 2020 is fast approaching. Therefore, small businesses should look into allowing their staff to work remotely as soon as possible.
Diversity in the workplace can be really beneficial for both the people who work for the business and the business itself. Every major city is multi-cultural, there are people from all over the world that live and work there. For example, London is one of the best cities in the world and it’s full of people from many different backgrounds, cultures, races, genders and sexual orientations. The diversity in the city should, therefore, be reflected in the city’s workplace too. Small businesses, in particular, need to encourage more diversity when it comes to the recruitment process.
This advice is based very much on experience. Only two years ago, I was about to close my digital agency. I had been forced to let six staff go and it was down to just me and one other.
Mental health issues can be damaging to the workplace and the business if not dealt with in the right way, so it is necessary to create a culture and environment in which your employees can talk about any issues they are having. It was reported by mentalhealth.org that around 14.7% of employees have mental health issues, and around 12.7% of sick leave can also be attributed to poor mental health.
For many industries, outsourcing can mean big gains in terms of revenue and can help ease the burden of certain processes along the supply chain. In some cases, outsourcing can save your business big bucks, especially when it comes to labour costs. For example, in information technology, many companies have turned to India and the Middle East regions with highly skilled workforces, relatively weak job markets, and lower costs of living to meet the demand for apt workers who don’t cost as much as workers in the UK or other areas. And we probably don’t have to explain why many companies often look to China and other economies with more affordable labour standards for manufacturing.
Global business has never been simpler, but customer expectations have never been higher. SMEs need to do more to compete on the international stage. Advances in business tech has led to a huge surge in SMEs and start-ups over the last four years. Whether you are a tech startup, a new crowdfunded project or just set up your first Etsy store, selling to the world has never been easier.
Virtual teams and telecommuting are now accepted features of corporate life and continue to be on the rise. The benefits are many: flexible working, cost reduction, increased employee motivation, productivity gains, reduced stress and sickness levels. Aided by technology you can connect with team members almost anytime, anywhere. You can join a meeting from your small businesses premises as easily as you can conduct an appraisal conversation from your kitchen table. As remote working is getting increasingly popular, you will need to know how to manage remote workers.