Why More International Companies Are Hiring Remotely

Let's get into the reasons behind this trend and what it means for the future of work.

1. Going Global for Talent

Forget location! 

One big perk for companies hiring international employees is access to a world-wide pool of talent. 

No longer limited by geography, they can find the best people for the job, regardless of their zip code. This means more diversity and a wider range of skills and experiences to choose from.

A survey by Owl Labs found that nearly a quarter of workers have recently changed jobs. 

An additional 9% are currently planning their next move! 

By opening remote positions, companies can tap into this vast pool of qualified candidates. Go Hires has seen a staggering 30% increase in international applicants for remote jobs.

Plus, a global team means work can happen 24/7 across different time zones, keeping things moving and boosting productivity. 

Sounds pretty good, right? 

And Go Hires backs this up – their investigation showed that remote jobs attract almost three times more applicants.

2. Big Time Savings

Remote work isn't just good for talent – it's good for the company wallet too. 

Office space, utilities, and office supplies all add up. But with a remote workforce, companies can cut back on these expenses, or even eliminate them altogether.

Global Workplace Analytics estimates that a company embracing 50% remote work can save around $11,000 per year per employee. That means more money for new, exciting projects.

And guess what? 

Remote work saves employees money too. Studies show remote workers can save between $2,000 and $7,000 annually by avoiding daily in-office work expenses.

3. More Work Done Better

Here's a surprising perk. Remote workers can actually be more productive. 

Fewer distractions and a work environment tailored to their personal needs can lead to a big boost in output. 

A Stanford University study found that remote workers are 13% more productive than their in-office counterparts.

4. Working Together While Apart

Technology and work culture are key to making remote teams successful. 

Remote friendly tools like Loom, Google Docs, and Asana keep everyone connected, engaged and on the same page, no matter where they are.

These tools allow smooth collaboration, even with the backdrop of asynchronous communication. 

Team members can work on their own schedule without constant interruptions, creating flexibility and space for deep work.

5. Happy Employees, Happy Company

Working remotely isn't just about productivity – it's about employee satisfaction too. 

The flexibility it offers allows people to achieve a better work-life balance. Forbes found that a whopping 97.6% of workers would like some level of remote work going forward.

If someone offered to take away your work-from-home option, would you be happy? (No!)

According to Owl Labs, people who work in the office are more likely to search for new jobs. 

Full-time office workers are 44% more likely to change companies than those who mix in-office and remote work.

Keeping employees happy reduces turnover, which saves companies money on hiring and training new staff.

6. Remote Work for the Win

The world is unpredictable, and remote work can help international companies weather the storm. Natural disasters, political unrest, and pandemics can disrupt traditional office environments.

With a remote workforce, businesses can keep things running smoothly no matter what happens. 

This is especially important for companies operating in different regions with varying levels of stability.

7. Going Green with Remote Work

There's also an environmental benefit to remote work. 

Fewer cars on the road mean lower carbon emissions, contributing to a company's commitment to social responsibility.

Researchers from Florida University discovered that a 10% increase in U.S remote work could reduce annual commuting carbon emissions by approximately 200 million tons. That's a lot of carbon!

The Future is Remote

The 'so called' trend of international companies hiring remotely isn't going anywhere. It's a strategic move driven by global talent, cost savings, increased productivity, and a happier workforce.

Remote work is essential for future-facing companies, offering a win-win situation for both employers and employees. This is especially true for companies looking to hire international talent, and tap into a new world of possibilities.