8 Ways Your Company Can Save Money By Hiring Remote Worker

8 Ways Your Company Can Save Money By Hiring Remote Worker

Whether you’re a veteran or simply a new business owner, one thing is certain – overhead costs are a big pain in the @&&. So it’s a good thing that modern technology has helped today’s businesses cut down on costs.

You save a lot of money by not paying for office space, construction costs, electricity bill, rental fee, food expenses, and other expenses. You can simply hire your employees and have them work at home. It’s also a big benefit to the employee since they don’t have to worry about gas expenses or commuting expenses. They also work in the comfort of their own homes and they can set their own schedules as well. It’s a win-win situation for both the employer and the employee.

But if you’re still not convinced then take a look at these reasons that explain why hiring remotely can save you a lot of money.

1 Lower Operating Costs for Your Business

You don’t have to worry about renting office space, paying electric bills, paying water bills,  buying office supplies, providing for snacks, office repairs, buying hardware, fixing to plumb, and all those other expenses since most (if not all) of your workers are now working at home.

Based on a poll from Global Workplace Analytics, it was discovered that businesses and companies who allow their employees to work at home have reduced expenses and reduced company overheads of approximately $11,000 annually.

2 Your Remote Workers are More Productive

Working at home has a lot of perks. The most obvious perk would be that of time and travel expenses. Home workers don’t need to travel to the office which saves them a lot of time, they also don’t have to experience the stress of being caught in a traffic jam during rush hour.

Asides from the traffic, home workers have fewer distractions and they can devote 100% of their time and energy on work. Home workers have flexible work schedules that they can even take care of their children, cook their own food, and watch television. This flexible work schedule makes them more productive and it helps them produce high-quality outputs.

According to Tiny Pulse, about 91% of home workers state that they get more work done when they are working remotely.

3 Employee Turnover Will Be Reduced

A lot of employees are being replaced yearly. It’s costly to train new employees and it takes a lot of time and investment to make them as effective as the old ones.  You can convince your current employees to stick around by making them work at home.

According to the Global Workplace Analytics, about two-thirds of employees would switch their current jobs if they could ease the burden of commuting and deal with traffic. By relieving your employees the burden of traffic, you are also ensuring that they would stick around and work for you.

4 You will have more productive and efficient meetings

Payroll has reported that over 40% of office professionals see impromptu meetings as a major distraction in the workplace.

You don’t have to worry about impromptu meetings that hinder you from doing your work. Most impromptu meetings have little value to add and they are often used to kill time in the workplace. It’s even more annoying when people chat and goof around while waiting for the other workers to come to the meeting. You lose at least an hour of your work time in these meetings, an hour that you could have spent working on that project.

You can have more efficient and productive meetings if you have a lot of remote workers. Why? Because meetings have to planned and scheduled in advance which gives you and your employees more time to prepare for the meeting. So no more on the spot brainstorming or fooling around, you can now have meetings that help and improve your employees work rather than hindering it.

5 Your Workers Can Work Even on Sick Days

People in the office often take the whole day off when they call in sick. This would set back your profits and you’ll be at a loss. Remote workers, on the other hand, don’t have this problem.

Your remote workers can work from bed (if possible) when they’re sick. If they can’t work when sick it’s still okay since they have flexible work schedules that make it easy for them to catch up with work.

6 It’s Faster and Easier to Hire Remote Workers

Office employees undergo a very long and tedious hiring process. They undergo interviews, handle paperwork, background checks, and they have to be sorted out by the HR department. It would take a few days at best to hire a new employee.

Hiring a remote worker, on the other hand, can simply be done within a 24 hour period. There’s no bureaucracy that will slow you down.  However this comes at the cost of security and quality, you have to do the background checks yourself and make sure that they are up to par with your company’s standards.

7 You Don’t Need to Rely on Local Talent, You Have the World to Choose From

If your company is located in a big and thriving city. It’s very likely that your employees are also living in the city as well. The cost of living is high and you have to pay them a much higher rate.

However, you can pay remote workers much less since you don’t have to adhere to industry standards. You can pay someone a lower rate but with equal talent, whose living in a rural area and they’d still be happy about it. You can even completely outsource the work and hire workers from across the world.

8 You Can Work Remotely as Well

What’s so great about having all your workers work remotely? Well, it means that you don’t have to go to the office anymore! You’re basically working remotely as well. That means that you don’t have to worry about commuting/ driving, rush hour, and other daily work expenses. You now have more time to spend with your family and you can probably work while traveling the world.

And, here are 3 ways to build trust in remote teams

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

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100 Best Coworking Spaces in Los Angeles

100 Best Coworking Spaces to Work in Los Angeles

Coworking spaces these days are all about well-designed, health-conscious zones styled to look more like a members’ lounge than a meeting room. It’s no wonder freelancers, creatives and startups are turning to coworking spaces as an alternative to the traditional office. The communal environment and the amazing amenities are definite perks, but mainly for the sheer beauty of the spaces themselves.

We have compiled a complete list of the best coworking spaces in Los Angeles for you to work – HERE

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Read on … How is Coworking Great For The Los Angeles Tech Scene

 

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

Changing Careers: How to Find the Right Career to Switch To in 2019

Changing Careers: How to Find the Right Career to Switch To in 2019

It’s very common for people to think about switching careers. We think about working in a field we are excited about, in contrast to the dull industry we currently find ourselves. But often this sort of job dissatisfaction changes with your mood. So how do you know if you should change career in the first place? Which career should you choose next? To help you make an informed decision, here are some steps you need to take:

Is It Time to Change Careers?

Sometimes thinking about changing your career is just a passing thought. But you may want to seriously consider your career options right now if you find yourself agreeing to these statements:

  • You’re only staying in your current job because it pays well, or it gives you a prestigious title.
  • You actually hate the thought of waking up the next day to go to work.
  • You feel blah and unenthusiastic about your tasks.
  • When you succeed or fail at a project, it doesn’t really matter to you.

All these point out to a deep dissatisfaction with your current career path. When you’re with certain people, tasks, or workplaces, it’s normal. But when you simply don’t care about your industry anymore and about your place in it, or when the culture of your particular industry no longer suits you, then it’s probably time to take your career musings more seriously.

Which Career Will Be Right for You?

Now that you know that you don’t like your current career anymore, what do you like instead? This can be an overwhelming step because it feels like a wide-open quandary. How exactly do you narrow down your options?

The first step is to identify what gets you excited. There must be something that gets you going. What are you passionate about? What topics make you care? Knowing what motivates you can then help you identify the industries and jobs that can bring back the passion you’ve lost.

The next step is to do research on your motivations. Now you find those industries and jobs that will make you feel excited again. Internet searches are easy to do, and your research can then give you quick facts. You’ll know about possible jobs in other industries, expected salaries, the culture to expect, how all these can mesh with your career goals.

After your online research, go to job fairs and other career networking opportunities. Find out about job openings, and ask questions about the industry and the work.

Pursuing Your New Career

Once you’ve identified the new career you want to try out, be serious about starting the process. Go active on LinkedIn. Reach out to local businesses. Find mentors. Attend various industry events to widen your network.

You may find that your new career won’t require you to go back to school for the next 4 years. You may need some new training, but such programs may only take a few months instead of a few years. After that, you may be ready and you may find yourself looking forward to going to work instead!

Check out these 50 hottest startups to work for right now.

Founder, Editor-in-Chief
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.
×
LAStartups.com, Schmoozd.com
A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, and Raytheon. A mentor at LMU Entrepreneur School. And advises a dozen local LA startups building amazing tech in various industries; also invested in some.

6 Things Employers Need to Know About Mental Health at Work

6 Things Employers Need to Know About Mental Health at Work

Mental health in the workplace is a touchy subject even though it shouldn’t be. If you’re quite clueless about the basics, here are six things that you should know about it.

How many years has it been since the World Health Organization declared that mental health problems are classified as serious illnesses? It has been a while, for sure, but it can’t be denied that the diseases under this category still carry a stigma. People who are diagnosed with such are still treated with doubt and suspicion as if their health problem is not as bad as other ailments.

While there have certainly been some improvements over the past decade when it comes to treating mental illness, we’re far from handling it properly. A lot of people are working hard to change this but if not everyone is willing to make an effort, we’ll still have to wait a long time for things to change.

Mental Health in the Workplace

It’s no secret that the workplace can be the most nerve-racking places for people with mental illness. They can be too competitive, too alienating, too unwelcoming. Because of this, a lot of talent and potential are wasted.

If you don’t want your workplace to experience the same thing, you should work on educating your people about mental health. Handling these diseases properly start from understanding the condition and their sufferers better, so it’s always a good idea to start there.

As there’s just so much to learn about this problem, it’s best to start small. We won’t talk about the technicalities of mental health as that might prove to be too complicated for some. Here are six of the most basic things that you should know about mental health, however:

1. Mental illness is present in every workplace

One of the most important things that everyone should know about mental health issues is that they come in different forms. They do not manifest in the same way in every sufferer because there are so many different mental health problems that plague the general populace. This is why even if it doesn’t look like it, it’s highly likely that you have an employee or co-w0rker that is suffering from one right now.

Mental illness has a lot of faces so it’s not the easiest thing to detect. However, it is said that 1 out of 5 Americans is diagnosed with a mental illness yearly. Because it’s just like physical health where you get sick from time to time, people can also get a mental illness on occasions.

What you should note, however, is that 1 in 25 of them suffer from a severe case. Most people won’t be able to tell even if they’re working desk neighbors is one of them. As some mental illnesses are not always debilitating, most sufferers pass off like their normal selves even if they’re not 100% there.

However, just like physical ailments, it can be just as costly to businesses. Some experts estimate that mental illnesses cause losses that amount to a staggering $193.2 billion in earnings yearly so it’s important for enterprises to address the issue head-on.

2. Employees with mental illnesses are protected by the law

There are a few things that employers should and shouldn’t do with their employees that are diagnosed with mental health conditions. According to the U.S. Equal Employment Opportunity Commission, employers should:

  • provide the necessary accommodations for employees with mental health conditions; and
  • not fire, force them to stop working or deny promotions based on mental health.

The National Alliance on Mental Illness also says that employees can take up to 12 weeks of unpaid leave when dealing with a mental health crisis. While the Mental Health Parity and Addiction Equity Act makes sure that health insurance policies provide similar coverage to mental health conditions just like they do with physical health conditions.

3. Talking about mental health in the workplace would be beneficial for everyone

Mental health concerns are always some of the biggest elephants in the room, especially in workplaces. This is why creating spaces to talk about them would be a good idea for employers. This will help you educate your team about the issue at hand.

It can also be a positive thing for your employees who are suffering from a mental illness. Activities of this kind will provide support to your team members which is exactly what they need during such tough times.

With the help of the right organizations and experts, you can create a friendlier working environment for those who are struggling with their mental health condition. Open conversations between the employee and management is also a great thing to have.

4. Employees have access to assistance programs

It’s not common knowledge that there are employee assistance programs (EAP) for mental health issues. These are usually available in the form of hotlines for employees to call whenever they need support for their mental health condition.

The best part? The sessions are kept confidential. Employers will not be informed so you can be confident that their condition will not have an effect on their employment.

5. Mental health conditions are mostly treatable

As mentioned above, some mental illnesses can come and go just like physical ailments. Not a lot of people know this for a fact so it’s important to spread the word.

Even severe cases of chronic mental illnesses are largely treatable. With the right resources and ample support, it can certainly be done.

6. Employers and colleagues can make a huge difference in one’s struggle with their mental health condition

Employers can certainly take the right measures in supporting their employees with mental illnesses. For one, they can educate their employers about mental health and even train them how to react to emergencies. Corporate seminars on this topic are offered by various institutions so there won’t be a problem in finding resources for such.

With the right information, colleagues can then provide good support for those with mental health conditions. As they spend a third of their days together, colleagues tend to develop a certain bond and mutual trust. They can then use this to provide excellent support to each other in times of crisis. So if a workplace is well-versed in mental health issues, it won’t be difficult for them to provide support to a co-worker that is struggling with one.

Mental health shouldn’t stay as a touchy subject in workplaces if you want your business to progress. As there are tons of ways how to handle this topic, employers should make an effort to address this pressing concern.

Check out these mental health apps

LA Startups Crew
Los Angeles Startups
Santa Monica, Culver City, Venice, Hollywood, and beyond
LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.
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LA Startups Crew
Santa Monica, Culver City, Venice, Hollywood, and beyond
LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.