{"id":1453,"date":"2021-03-30T09:49:10","date_gmt":"2021-03-30T08:49:10","guid":{"rendered":"https:\/\/blog.terawork.com\/?p=1453"},"modified":"2021-04-07T10:42:59","modified_gmt":"2021-04-07T09:42:59","slug":"what-remote-work-means-for-business","status":"publish","type":"post","link":"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/","title":{"rendered":"What the expansion in remote work means for your business"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<\/p>\n<p>\nA Future of Jobs Report conducted by the World Economic Forum (WEF) in the preceding year revealed that around 84% of employers are \u2018overseeing a significant expansion of remote work\u2019. To this end, new collaborative tools are being installed to aid connectivity, enhance the feedback loops and activate relationships remotely. This new business focus will open up fresh access for businesses to engage fresh talents and outsource jobs task to experts living in distant hubs.<\/p>\n<p>Isn\u2019t it being admitted that living locally while shopping global makes a business stronger? You get the gist!<\/p>\n<p>Forging a favourable competitive business stance would require hiring top local and global brains to drive an aggressive market push. By gaining consistent access to top talents a business can boost productivity rate, drive customer satisfaction and enhance profitability. These key areas of productivity, customer satisfaction, and business profitability are an essential part of the enterprise growth mix.<\/p>\n<p>In the remote work drive, access to a large pool of experts across borders is key. <a href=\"https:\/\/www.terawork.com\/\" title=\"TERAWORK homepage\" rel=\"noopener\" target=\"_blank\">TERAWORK<\/a> qualifies as one of the top places to recruit global top talents who deliver their jobs remotely to provide the hiring firms with the <a href=\"https:\/\/blog.terawork.com\/why-hiring-freelancers-is-key-to-business-success\/\" title=\"Business in 2021: Four Areas Professional Freelancers could be Pivotal to your Success\" rel=\"noopener\" target=\"_blank\" class=\"external\">competitive edge<\/a> that is most sought after in all sectors.<\/p>\n<p>The truth is hiring for talent is strategic for business growth. David Ogilvy, a legendary British advertising executive, captured the advantages of hiring top talents with an exciting streak. He said, \u201cHire people, who are better than you are, then leave them to get on with it\u201d.<\/p>\n<p><a href=\"https:\/\/www.terawork.com\/\" title=\"TERAWORK homepage\" rel=\"noopener\" target=\"_blank\">Professional freelancers<\/a> need little or no supervision after receiving their task brief. The collaborative and feedback work tools that are available to businesses of all kinds have strengthened the focus on hiring people who can be trusted to deliver on assigned jobs without worries. That, of course, fits Ogilvy\u2019s admonition to \u201cleave them (the top talent) to get on with it\u201d.<\/p>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;18px&#8221;][vc_single_image image=&#8221;1458&#8243; img_size=&#8221;full&#8221;][vc_empty_space height=&#8221;18px&#8221;][vc_column_text]<\/p>\n<p>\nPrecisely, business growth is a priority for firms aiming for post-pandemic recovery. As efforts are being intensified to make the COVID-19 vaccines available to the heavily affected economies, most firms are rethinking existing product development and hiring strategies in a bid to recover the losses to the disruptive lockdown and subsequent recessions. Coupled with the growth in remote working digital tools and the advantages of <a href=\"https:\/\/blog.terawork.com\/beat-the-65-trap-how-making-wise-outsourcing-choices-drives-business-success\/\" title=\"Beat The 65% Trap: How Making Wise Outsourcing Choices Drives Business Success\" rel=\"noopener\" target=\"_blank\" class=\"external\">tapping into the 1.1 billion strong freelance talents<\/a> around the globe, the former is more or less the reasons for a strong pivot to remote work sourcing among employees as indicated by WEF.<\/p>\n<p>At a glance the advantages of outsourcing tasks remotely are impressive:<\/p>\n<p><strong>1. Encourage cost-saving<\/strong><br \/>Outsourcing jobs to remote experts would save the business utility costs and irrational HR hitches that often disrupt smooth value chain operations.<\/p>\n<p><strong>2. Timely delivery of task<\/strong><br \/>A large chunk of the 1.1 billion freelance experts are professional workers who cut their teeth at top firms before resigning to pitching their skills independently. To a large extent they understood the importance of meeting deadlines and paying attention to details<\/p>\n<p><strong>3. Competitiveness<\/strong><br \/>Input determines output quality. Amid the raft of market competition, the heckling and jabbing could push a slumbering business firm into an inglorious decline. Hiring professional freelancers at a fraction of a full-time employee\u2019s remuneration provides a safety net for small businesses that otherwise wouldn\u2019t have been able to afford the fees demanded by full-time experts.<\/p>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;40px&#8221;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] A Future of Jobs Report conducted by the World Economic Forum (WEF) in the preceding year revealed that around 84% of employers are \u2018overseeing a significant expansion of remote work\u2019. To this end, new collaborative tools are being installed to aid connectivity, enhance the feedback loops and activate relationships remotely. This new business focus&hellip;<\/p>\n","protected":false},"author":13,"featured_media":1455,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[20,34,72,13,73,57,53,38],"class_list":["post-1453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-blog","tag-business","tag-business-growth","tag-freelancing","tag-hiring","tag-independent-professionals","tag-outsourcing","tag-startup"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What the expansion in remote work means for your business - TERAWORK Explore - The Official blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the expansion in remote work means for your business - TERAWORK Explore - The Official blog\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text] A Future of Jobs Report conducted by the World Economic Forum (WEF) in the preceding year revealed that around 84% of employers are \u2018overseeing a significant expansion of remote work\u2019. To this end, new collaborative tools are being installed to aid connectivity, enhance the feedback loops and activate relationships remotely. This new business focus&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/\" \/>\n<meta property=\"og:site_name\" content=\"TERAWORK Explore - The Official blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TeraworkNg\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-30T08:49:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-07T09:42:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.terawork.com\/blog\/wp-content\/uploads\/2021\/04\/Expansion-in-remote-work.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Toyin Afilaka\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@teraworkng\" \/>\n<meta name=\"twitter:site\" content=\"@teraworkng\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Toyin Afilaka\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/\"},\"author\":{\"name\":\"Toyin Afilaka\",\"@id\":\"https:\/\/blog.terawork.com\/#\/schema\/person\/384f3746fe2a37441d7c75b8e20d2a28\"},\"headline\":\"What the expansion in remote work means for your business\",\"datePublished\":\"2021-03-30T08:49:10+00:00\",\"dateModified\":\"2021-04-07T09:42:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/\"},\"wordCount\":599,\"publisher\":{\"@id\":\"https:\/\/blog.terawork.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.terawork.com\/blog\/wp-content\/uploads\/2021\/04\/Expansion-in-remote-work.png\",\"keywords\":[\"Blog\",\"Business\",\"Business growth\",\"Freelancing\",\"hiring\",\"independent professionals\",\"outsourcing\",\"startup\"],\"articleSection\":[\"BLOG\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/\",\"url\":\"https:\/\/www.terawork.com\/blog\/what-remote-work-means-for-business\/\",\"name\":\"What the expansion in remote work means for your business - 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