Last Updated: November 2024
The last two years have brought some major shifts in our lives. The professional side has also undergone significant changes. Remote work is increasingly becoming the new trend.
Do you prefer to work from home than from the office? If yes, you’re not alone.
51 percent of employees prefer remote work because it improves work-life balance. Be it technology or customer service, people of almost every niche prefer working remotely.
Not only employees but employers are also adopting this new trend including big tech. Mark Zuckerberg, CEO of Facebook, announced that half of the company’s employees could work remotely for 5 to 10 years.
Let’s take a look at the infographic below which has some fascinating statistics about remote working.
Remote Work – The New Normal
1. 43% of U.S. workers already work remotely to some degree.
Source: Gallup’s State of the American Workforce 2016
2. Co-working 24% annual growth between 2016-2020.
Source: Forbes 2017 quoting Emergent Research
3. The flexible office market is growing at 13% per annum.
Source: CBRE research, ‘The Flexible Revolution’, 2017
Perceptions About Flexible Work
4. 71% of occupiers believe productive and flexible workspaces are vital to delivering corporate real estate objectives (up from 57% in 2016).
Source: CBRE research, ‘the flexible revolution’, 2017
5. 74% of professionals expect remote work to become standard, and 97% of employees don’t want to return to the office full-time.
Source: Growmotely Survey 2020
6. 69% of millennials will trade in other work package benefits for a better workspace.
Source: CBRE research, ‘The Flexible Revolution’, 2017
Flexible Work Projections
7. Up to 30% of corporate real estate portfolios could be flexible workspaces by 2030.
Source: JLL research
8. In 2022, the global mobile workforce will be 1.87 billion people, 42.5% of the total global workforce.
Source: Strategy Analytics
9. By 2025, 70 percent of the workforce will work remotely at least five days a month.
Source: Kate Lister, president of Global Workplace Analytics
Bottom Line
The pandemic compelled us to work remotely but now it seems like a necessity. It is not because people have become used to working from home, but they also understand the benefits of flexible work.
Remote work has allowed workers to save on their time and money spent on long commutes to the office, and some have even reported an improvement in work-life balance. From the point of view of companies, a lot of resources and office expenses are saved.
That’s why more and more corporates are announcing a permanent shift from office to remote working.