A survey of more than 1500 entrepreneurs by global HR and payroll company Remote has found over half (56 per cent) of remote entrepreneurs in the UK have hired international employees. The results suggest remote work has become the norm now more than ever with the workplace benefitting from additional benefits to hiring remotely, including financial benefits for employees and employers, a wider pool of talent to choose from and increased diversity within a company. Hiring remote workers has broadened the application pool significantly, with people from all over the country and world being able to work for a company without being in an office.
Remote’s survey asked entrepreneurs how many of their employees are based internationally to determine who is making full use of remote working opportunities. 1 in 3 (30 per cent) entrepreneurs in London stated that the majority of their team is based in another country, which translates to over half (56 per cent) of UK remote entrepreneurs having hired international employees.
88 per cent of UK entrepreneurs believe having a hybrid or remote company structure has positively impacted their company culture, and this has meaningful effects for employee retention, satisfaction, and productivity. Almost half of entrepreneurs (47 per cent) said their priorities have changed for the better since moving to a remote model.
The pandemic has taught many workers to take an alternative approach to work. These new arrangements, particularly flexible work arrangements, have brought into question traditional employee-employer relationships, work time and working hours, and work-life balance.
46 per cent of entrepreneurs in the UK said their priorities have changed for the better since adapting a remote work model; for example, prioritising a better life-work balance and more time for friends and family.
