Remote Working: Only Way to Win War Against Talent Shortage

by Virtual Employee Digital Marketer

Do business with people who you like and who share your goals - Warren Buffett

What do experts say?

According to the Society for Human Resource Management (SHRM), traditional models of employee hiring no longer provide the agility that businesses must possess to access in-demand skills whenever they're needed. 70% of the businesses surveyed by Genesis Research reported that the conventional hiring methods are extremely painful. KPMG said that it was high time organizations rethought about their human resources to adapt better to the fast-changing business world.

Workplace revolution

At one time, entrepreneurs balked at the idea of benefiting from remote work management, maintaining that their employees needed to be physically present in the office. This has turned out to be a short-sighted observation. Today things like virtual employees and remote workers are no longer a momentary craze; they are a workplace revolution in progress. Talent management is necessary to sustain one's competitive edge in the market, and an expanding and distributed workforce is a manifestation of this need.

Finding the right level of resources your business needs

A remote work arrangement provides you with the option of flexible working hours that time zone difference requires you to have from time to time when you are working with international clients. Sometimes, some offshoring service providers look after the recruitment part as well on your behalf. You also get to know the level of employees and level of service that suit your requirements.

Communication not an issue at all

Rapidly advancing communication and collaborative tools have ushered in a transparent, affordable, secure and productive work environment for thousands of small and medium businesses. Distance is no longer an obstacle as it is bridged in a well-connected remote work system. The workers may be geographically remote but they are independent and capable of carrying out their responsibilities without being micromanaged by a supervisor.

Access to a global workforce minus overheads

IT specialists, software developers, engineers, accountants and marketing professionals are some of the hard-to-fill jobs. More and more businesses are, thus, turning to offshore service providers to overcome their skills gap. This is so because virtual workspaces open up unlimited avenues to remote staff hiring, which reduces the overhead costs by as much as 50% while letting one gain access to a global talent pool at the same time. Often, sourcing local talents is time-consuming, expensive and you don’t get what you exactly want. The only challenge in this entire process is keeping remote employees motivated and engaged so that they stay on course and achieve the expected results.

Innovative approach to employee hiring

Apart from giving a business value for money, on-demand workers offer a number of other specialized services regardless of their location. Such resources are usually available in individual or team models on a short-term or long-term basis. This system teaches entrepreneurs new ways of doing things, and encourages them to adopt innovative approaches to achieve the desired outcome. Call it contingent workforce or by any other name but the positive impact of these workers and the values they add to your day-to-day business are too significant to dismiss.