The blockchain industry is going through a boom with related job demand increasing 200% in 2017. Many of these young companies are opting to hire remote workers since the supply of blockchain developers is so low and Blockchain Job Post would like to highlight the pros of being remote.
As an Employer
- Lower Overhead Cost
- Rent is a huge expense that most companies need to incur. However, if you are fully remote or even partially, you wouldn’t need to cover more and more fixed costs as your company grows.
- Larger Candidate Pool
- Some very niche positions may limit a brick and mortar company to a very slim interview candidate pool. However, if the world is your pool, you can widen the search to anywhere in the country or even the world.
- Intrinsic Work Perk
- There are plenty of benefits to your employees if you offer work from home flexibility. Just the prospect of being able to work anywhere is a great selling point for your company.
- Higher Employee Satisfaction
- Once you hired the right talent for your company, keeping them happy is easier with the remote work life. Employees will have more control over their time and will feel more autonomous with their work-life balance.
- Higher Productivity
- Many smaller studies have shown that remote workers are more productive than traditional office workers and take fewer sick days. Since fully remote companies are still rare and some people think working from home still holds some negative connotation, there have yet to be larger, comprehensive studies to be done. However, with a controlled environment at a home-office or smaller shared workspace, it is not surprising that some people find it more productive to work remotely.
As an Employee
- Time Saver
- For heavy commute metros such as the San Francisco Bay Area, it’s not uncommon to hear of daily commutes that take 2 hours each way. Assuming you work 45 weeks a year, that adds up to 900 hours or 37.5 days per year of your life you are spending in a car or on the subway. For most people, that’s not time well spent and it’s not something you’d need to deal with at a remote company.
- Additionally, you save time on household chores such as laundry, packing lunch, etc when you can do them throughout the day.
- Work-Related Expenses
- Do you live in a major metro area? Have you done the math on how much your commute costs a month? Even in a cheaper public transportation city such as Boston, monthly passes cost between $80 to $175 depending on what lines you need to get to and from work. With a work from home job, you safe on that and other less commonly discussed items. No office means no office clothing. There’s no need to buy costly, stuffy outfits that you don’t even enjoy wearing. Don’t even get us started on shoes!
- Schedule Flexibility
- For a company to agree to hire remotely, they are most likely open to people working from different time zones. Therefore, besides the times that a company require every employee overlaps in, there is some flexibility in your hours. The potential downside here is that a remote company may expect you to be reachable in more than your working hours in order to adhere to other people’s schedules, but there is a ton of upside as well.
- Location Independence
- Most remote companies have requirements around specific time zones so that their employees have hours overlapping for collaborative needs. However, there’s still a huge amount of freedom in choosing where to live within a country or within a time zone. Also, going on short (or long) vacations is much easier if you don’t need to physically show up in an office. If you live on the East coast and want to take a trip to the South, you can do that and fit your exploring in after work hours!
- Lower Rent
- It’s common knowledge that living closer to city centers typically means much higher rent. Many people don’t even enjoy the hustle and bustle of metros but are forced to find housing in congested areas due to the higher prospects of challenging, well-paying jobs. With remote jobs becoming more commonplace, you won’t need to spend over 30% of your salary just on rent anymore. Save money on housing while spending more time (if you want) at the place you’re paying rent or mortgage for!