Remote work is becoming more common as a result of advancements in online communication and collaboration tools. In the last 15 years, the number of employees in the United States who work from home has more than doubled.
Advantages of Work from Home
This practice has numerous advantages for both employees and businesses: Employees gain flexibility, avoid long commutes (which hurt job satisfaction), and avoid office distractions. Businesses save money on office management, which is a big deal in expensive markets like New York City and Washington, D.C., and they can hire top talent from all over the world. Telecommuting offers numerous benefits that are in line with the requirements of the modern workplace.
Disadvantage of Work from Home
However, remote work programs have one significant disadvantage: they frequently impede organizations’ efforts to create and solidify their company culture. Employees coming together and participating in team-building activities and division- or company-wide meetings help to shape company culture. Needless to say, having disjointed teams can make this difficult.
But how important is corporate culture? Can it be prioritized over the convenience that telecommuting provides? Creating a company culture isn’t just something to do for the sake of doing it; it has a significant impact on employee retention, satisfaction, and productivity.
The reason for this is straightforward: when employees identify with a company’s values, they are more likely to engage with their work, which is critical in today’s workplace. According to one study, companies with high levels of engagement have higher levels of customer loyalty, productivity, and profitability than their competitors. Furthermore, companies with high employee turnover rates frequently have low employee engagement.
Organizations with an engaged workforce and a clear culture, on the other hand, are more likely to attract top talent. When it comes to long-term success, leadership team must not overlook the importance of defining company culture. Work-from-home policies can have a variety of effects on the development of company culture.