Here are the Top 5 Checklist to Increase Productivity of your Remote Team
Get the best out of your remote team
Stanford economist Nicholas Bloom’s two years of study show that remote work improved employee productivity by 13% and also saved the company almost $2000 per employee and this was just a travel agency in China.
On the opposite side of the world, AT&T saved $30 million by eliminating workspace while Cisco Internet Group reported saving a whopping $277 million because of remote employee productivity. These numbers declare a simple notation that outsourcing to remote workers is the present and future of human resource practice.
Remote work is a win-win for all!
- Remote work has often been seen to benefit both employees and employers. Companies including remote work as an option make a definite statement that the work metric they care about is progress and completion of a project rather than the desk hours their employees put in. While employees opting for remote work make a statement that they are willing to be flexible and highly communicative in their work.
- Productivity is a crucial metric for analyzing employee growth and something that is outright labeled to be low for work-from-home employees, but stats say otherwise. Remote workers have higher productivity and also greater efficiency as compared to office workers.
- Employees save a lot of money as remote work eliminates the cost of commute and rent. Reduction in the amount of time spent on an unpleasant commute also benefits a remote worker as it lowers stress and boosts morale. Remote work allows millennials and younger workers, who are currently pursuing college, to work removing office commute hassle.
- Companies providing an option to work from home have a significant advantage in cutting down office space, saving a major chunk in spending! Aetna, an American-managed health care company, shed 2.7 million square feet of office space and saved $78 million. Another saving benefit is from the cost eliminated in the rent of accommodation and other allowances for office commute.
- Remote work also helps in acquiring and also retaining talents across the globe, making the team more skilled and highly diverse. Start-ups that are working on efficient work from home policy scale faster than start-ups using traditional policies, as they don’t have office space and HR restrictions for growth. Last but most important of all, the company opting for a remote work policy also makes a significant contribution to reducing the carbon footprint from automobile emissions and hence creating a positive environmental impact.
It brings us to the point that if remote work is highly awarding, then why still do many companies and CXOs fail in taking advantage of it? The reason comes to be that maintaining and keeping remote workers productive is tricky on its own. To overcome this, we’ve made a comprehensive checklist on how employers can increase the productivity of remote workers.
Checklist to get the best out of your remote team!
- Hire the right people: The first and most crucial step is to hire the right talents. You need to make sure that any worker you hire from any part of the world must be highly flexible with work, meeting timings, and be very communicative. Hiring international workers may be tricky because of the language and time zone differences, but diverse team members bring different cultural and regional thinking to a team, creating a broader aspect.
- Keep communicating: Even though remote work gives excellent comfort to employees in case of work hours and freedom to work in an environment and state that they feel right in, a company should always have a daily team or individual meetings with every remote worker to get work progress and also to brainstorm on better ideas. Using free professional video calling platforms like Zoom, Remotes, or Google Meet, one can facilitate numerous team members in one virtual room just like an office conference room where any team member can join and leave.
- Stop Micromanaging: Research has found that one of the prominent reasons for the low productivity of an employee working in a small size company because of constant micromanaging by team leaders. While guiding a worker is necessary, micromanaging decreases morale and confidence in the employee. Letting remote workers make decisions and work choices eliminate such problems while performing a comprehensive review of their work also promotes positive relations.
- Let your workers communicate with each other: Companies should not forget that even remote workers are part of your office and that they have other team members as well. Team collaboration is a factor that brings ideas and works abilities together, increasing productivity. Apart from work, workers should be able to know and able to reach out to each other, just like an office team. Communicating tools like Slack build a professional as well as a casual environment where employers can make groups for work, give big shoutouts to all team members, and also one-on-one chat between all members.
- Use the OKRs — Objective and Key Results System: OKR or Objective Key Results is a popular management strategy for goal setting for remote workers. The purpose of OKR is to make sure everyone knows what’s expected from them at work. OKRs give big benefits of productivity, focus, and company culture while being lightweight and easy to operate. It has been used by tens of thousands of companies and most of the Fortune 500.
But how to measure productivity?
Measuring productivity is a tricky job as there is no particular reference to the measure being positive or negative. Productivity is a natural measure of outputs over input, so the higher the work done in lesser time possible will result in high productivity.
To measure output, consider the critical results reached by remote workers for a project, and for inputs, use tools like Toggl or Harvest to find how much time was spent to accomplish those results.
These productivity tools allow the estimation and actual time taken to calculate for each different objective that a worker can mention.
Take a chance and perform the same measure on your office workers and compare the results with remote workers. Which one prevailed as more productive? Maybe this could make you rethink your business model!
Outsourcing work to a remote team is a positive trend that enables you to lower spending, access & retain talents, increase coverage and diversify your team.
Using this comprehensive checklist, any CXO can increase the productivity of the team and other added benefits of high morale, confidence, and creativity in your remote workers, ensuring greater success.