The New Age Virtual Office? Reasons Why Companies Prefer A Remote Team
Slowly the concept of people coming together to work at a particular place called office is diminishing. Modern mindset and advancement in technology has given birth to the idea of virtual offices. Although some may not welcome this new concept and still prefer the old-school office settings, any concept is acceptable if that helps an organization achieve its goals. In the United States, in a survey conducted by the Yankee Group over 178 businesses with between 20 to 99 employees, it came out that 79% of them had mobile workers, with an average of 11 mobile workers per company, while 54% had telecommuters, with an average of eight telecommuters per company. (Source: Yankee Group) The number of virtual offices has increased extensively in the past few years and today this idea is working very well both for employers and employees. The McKinsey Global Institute estimates that the volume of offshore outsourcing will increase by 30 to 40 percent a year for the next five years. (Source) For example, nowadays, people go less to shops than they practise online shopping. They download their movies, favorite shows, etc. rather than visiting video cassette/cd stores. So as you can see, now you don’t need to physically go everywhere for most of your daily needs. In the same manner, the concept of virtual recruitment has come into the picture. Outsourcing statistics show that the largest percentage of jobs being outsourced is in Information Technology, by around 28%. The next largest field is the human resources taking 15% of the outsourcing market, followed closely by sales and marketing outsourcing with 14% and financial services outsourcing at 11%. The remaining 32% is made up of other different processes such as administrative outsourcing. (Source) In fact, a huge number of companies don’t have an office. Most or all of their employees working virtually. BaseCamp, Buffer all have a successful business model working with remote employees. The success is partly thanks to the advancement in the technology; new ways of communication and collaboration have facilitated people to work from anywhere. No need for personal meetings. Upworthy, a new media company, also allows its employees to work from any location they want to, as long as they have access to good internet connectivity and ca do Google Hangout. inVision, a software design company in fact emphasises on the motto, ‘Do great work from an environment that you’re comfortable in’.