Are Employees Who Work From Home Happier?

Are Employees Who Work From Home Happier?

Are employees who work from home happier? Remote workers might have slightly higher job satisfaction, but their office-only counterparts are convinced those who work from home are far happier than they are.

Employees who work remotely or split time between home and the office are happier than their office-only counterparts, according to recent research by Porch. When it comes to matters like pay, growth opportunities and overall job satisfaction, remote and split-workers are more satisfied than those who work exclusively in the office.

Surprisingly, just a few percentage points separate remote, split and office-only workers when it comes to satisfaction with work-life balance, relationships with co-workers and family life. This runs counter to popular thought, like the notion that better relationships are developed with coworkers in-office or that split-workers have a significantly better work-life balance.

Office workers’ perceptions of remote employees are particularly interesting. Nearly 80 percent of office workers think that remote employees are happier than them. Office workers are split on whether remote employees are less, the same or more driven, hardworking and productive. Most employees agreed remote workers were as necessary or more necessary than office workers.

So, what’s so great about working from home? The top two perks of remote work, by a long shot, are having no commute and a more flexible schedule. Other perks include staying home with kids or pets, less supervision, fewer interruptions, better focus and no workplace drama. More than 60 percent of remote workers complete personal tasks on the clock. Nearly 80 percent of them have watched TV when working from home. Distractions aside, employees who work from home actually feel more productive than office-only employees.

There are some perks to working in the office that might be the reason why almost half of remote workers plan on going back to an office environment. More than half of those who work from home feel lonely during the day. Close to 40 percent of them miss being around other people. They also miss office camaraderie, free coffee and office parties or social events.

Split-workers seem to have the best of both worlds. They get to enjoy the camaraderie and free coffee that come with office work and the flexibility that comes with remote work. It might explain why split-workers feel more valued by their employers and are less likely to feel disconnected from coworkers.

Why You Need a Remote Work Strategy

Why You Need a Remote Work Strategy

In the Best Money Moves Roundup, we run down the latest news on flexible workspaces, student loan assistance, and calibration committees.

Flexible workspaces used to be the stuff of startups, but companies all over the world are now adopting more flexible approaches to where people work to meet the changing needs of the workforce. And in return they’re benefiting from higher productivity, retention, and even profits, according to a recent study from IWG.

Most employees work remotely at least once a week and more than half work at a location outside the office for half the week or more. Over 90 percent of companies offering flexible workspaces are confident that their remote workers are productive while on the move and almost 60 percent agree that it improves job satisfaction.

It’s time to develop a remote work strategy that offers your employees the flexibility to get work done without having to be in the office every day.  

What we’re reading: 

Hulu makes bold benefits move. The streaming TV company is going to match employee student loan repayments up to $1,200 a year. Find out how it can increase productivity and retention.  

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Build trust with employees. Research shows responding constructively to employees issues builds loyalty, but it’s not always easy. Ask the right questions.

Hold on to key software and IT Talent. Highly skilled employees, like developers, often leave a company in 2 years or less. Use these 4 tips to retain tech talent.

What are calibration committees? Calibration committees help with evaluations by limiting manager’s bias through macro-level performance review. Learn more about the process.

Not sure how to improve company culture? Take a look at how other companies got it right. What have these 10 companies done to develop great company cultures?

Handle employee termination gracefully. Termination is an uncomfortable situation all around, but it can be unavoidable. Check out these 11 termination tips.

Have something to add? Email info@bestmoneymoves.com.