Save Big For Each Telecommuting Employees
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Big Data is an important part of any business, regardless of the size. Without understanding consumer trends, how can you hope to sell your product? Unfortunately, many companies don't know how to handle big data, and this holds back their earning potential significantly.
What Big Data comes down to is the analysis of mostly unstructured information and data to spot trends in business, or to track individual customer action and develop business intelligence that can be used to take advantage of these trends. This clearly has its advantages for businesses, and it can be a valuable asset in taking on the modern-day workplace. But muddling through a sea of data can be difficult at times. Here are three tips that can help you get your Big Data vessel back on course.
Increased Productivity
You might think that employees would be less likely to be productive from home, but the opposite is true. Employees are far more likely to work longer hours than those who don't, making it an ideal choice to keep those who work overtime happy. This isn't true for all employees, though. The type of work also plays a part in whether or not employees will be more productive from home.
53 percent of telecommuting workers will put in overtime, while only about 28 percent of in-office workers will want to do so
Employees who perform routine, repetitive work experience a six-to-ten percent cut in productivity by working at home
Significantly Reduced Costs for Both Parties
Whether you want to admit it or not, your business will save by not having an extra body in the office. You'll save on utilities such as electricity, office supplies, water, equipment, furniture, and other expenses. All of this could be put toward other, more important aspects of your business. Not only is it good financially, but it can contribute toward a cleaner environment.
Higher Employee Retention Rates
We all know that it costs more to hire a new employee than to keep the same team member. Working from home can keep your team happy, and studies have proven that those who offer the chance to work from home have a higher retention rate and satisfaction level:
73 percent say they eat healthier working from home
76 percent are more loyal to their company.
80 percent experience a better work/life balance.
36 percent of employees would rather work from home than receive a raise.
37 percent of tech professionals would take a 10 percent pay cut to work from home.
No matter how you slice it, those are huge numbers that cannot be ignored.
Fewer Call-Ins
Those who work at home are far less likely to call in sick than those who don't. Most workers will continue to work from home even if they are sick, so long as you give them the option to do so. Besides, how can they call in sick if they don't even need to work from the office?
Unscheduled absences (i.e. calling in sick) cost businesses an average of R60 800 per employee every year.
78 percent of call-ins are due to stress or personal problems. Telecommuters can handle these issues better from the comfort of their own home, and are less likely to call in
Remote workers are more likely to return to work after appointments unrelated to work rather than just take the whole day off.
The numbers speak for themselves. Working remotely can be a great way to save money and boost employee morale. cloudERP can offer your business remote access solutions and enterprise-level erp software that can help your remote team stay in touch with you outside of the office. You'll enjoy the benefits of having a remote team with all of the bonuses of having a quick and easy way to access them. Mobility is a decisive factor for the modern business. Contact cloudERP at +2721-554-1021 to stay at the head of the race.