30th June 2023

Does Remote Working Save Businesses Money?

Steve Hill

With the rise of remote working, more and more businesses are considering whether it can save them money.

Remote working has become increasingly popular since the COVID-19 pandemic, with many businesses forced to close their physical offices and have employees work from home (WFH). However, there is still some debate over whether remote working is actually cost-effective for businesses in the long term.

Interestingly, research shows that, especially with cost-of-living increases, WFH staff are cheaper for businesses.

In this blog, we will explore some of the ways in which remote working can save businesses money, and how the right computer hardware can help businesses transition to WFH staff securely.

How Do WFH Staff And Remote Staff Help Businesses Save Money?

One of the most obvious ways in which WFH staff and remote staff can help businesses save money is by reducing overhead costs.

When employees work from home, businesses no longer need to pay for office space, utilities, and other expenses associated with maintaining a physical office.

This can be a significant cost saving for businesses, especially those that operate in cities where office space is expensive. Some businesses have opted to go fully remote so that they need not pay for office space or office energy bills at all.

Employees who work from home also tend to have a better work/life balance. This can lead to higher employee satisfaction and retention, as employees are more likely to stay with a company that offers a flexible work schedule and allows them to work from home.

Some studies show that WFH staff are more productive as they have less distractions. They can be up t0 47% more productive than in-office counterparts.

How Can The Right Computer Hardware Help You Transition To WFH Staff Securely?

In order to support remote working, businesses need to ensure that their employees have the right computer hardware to work from home effectively and securely. This includes work-from-home laptops that are equipped with the necessary software and security features to protect sensitive business information.

IT leasing can be a cost-effective solution for businesses looking to transition to WFH staff securely. By leasing computer hardware, businesses can save money on upfront costs and ensure that their employees have the latest technology to work from home effectively. Additionally, IT leasing can help businesses manage their IT infrastructure more efficiently, as they can easily upgrade or replace hardware as needed.

How Can DaaS Help Businesses Support Remote Working And WFH And Save Money?

Device as a Service (DaaS) is another solution that can help businesses support remote working and save money.

DaaS leasing solutions such as Devices For Teams can support businesses with laptop leasing. In a DaaS structure, you can receive remote deployment and setup of devices direct to your staff’s homes. There is also ongoing IT technical maintenance and advice on which software will best help your remote workers. With specialist software and MDM management services, Devices For Teams can make sure WFH staff are working securely and not compromising company data.

MDM management helps directors control how WFH staff use their businesses’ devices, including what apps they can use.

This prevents businesses from losing money to cybersecurity breaches.

In conclusion, remote working can be a cost-effective solution for businesses looking to save money on overhead costs and improve employee satisfaction and retention. However, businesses need to ensure that their employees have the right computer hardware and security features to work from home effectively and securely. IT leasing and DaaS can ensure this is easily achieved.

Contact us