Bill Gates Gave Some Brilliant Management Advice on Hiring the Best People. Here It Is in 2 SentencesMindthriller
Traditional brick and mortar companies will cringe, but the research doesn’t lie. Neither does Bill Gates.
Traditional brick and mortar companies prefer everyone “in the office,” where people can work together, bounce from meeting to meeting, and slog in Dilbert-style cubicles.
While there’s certainly nothing wrong with the status quo, these same companies with offices in expensive cities, where housing is exorbitant and commuting is costly and time consuming, are losing talent to companies with remote work and work-from-home options.
And Bill Gates saw this coming. He prophetically stated:
“The competition to hire the best will increase in the years ahead. Companies that give extra flexibility to their employees will have the edge in this area.”
Why Bill Gates nailed it.
First of all, who wouldn’t want to work from their bedroom, finish work at 5pm and have a seven-second commute to their dining room table for dinner, as opposed to sweating away in a high-rise and schlepping home on an hour-long commute to a rental you can no longer afford?
We already know that working from home has great benefits, like putting more money in your pocket. As I wrote about earlier this month, the average person can save between $4,668 to $5,688 per year by working remotely. The study I highlighted broke down the savings in six areas:
1. Gas: $686 saved per year.
2. Car Maintenance: $767 saved per year.
3. Dry Cleaning & Laundering: $500 to $1,500 saved per year.
4. Lunches & Coffee: $1,040 saved per year.
5. Professional Wardrobe: $925 saved per year.
6. Tax Breaks: $750 saved per year
FlexJobs, the premier job service for telecommuting and remote job listings, conducted the study, and executives and HR heads should pay close attention. FlexJobs is blazing the trail by disrupting the traditional workforce while proving that working remotely is the future of work. Here’s a glimpse of what their annual surveys have found in the last few years.
What workers really want.
From FlexJobs’ fourth annual Super Survey on Millennials.
- 84 percent want more work-life balance.
- 67 percent indicated family was their desire for flexible work.
- 60 percent of millennials want to save more time.
- 49 percent of millennials want to save money.
- 48 percent of millennials are looking to ditch commute stress.
- 85 percent want to telecommute 100 percent of the time.
- 54 percent want to work a flexible or alternative schedule.
- 83 percent cite the need to pay for basic necessities as the main reason for working.
Typically we stereotype Millennials as the pampered generation demanding flexible work options. Not so fast. In another survey of more than 5,500 respondents, FlexJobs found that most were baby boomers and Gen X. Here’s a breakdown:
- Gen X (41 percent)
- Baby boomer (31 percent)
- Millennial (21 percent)
- Silent generation (6 percent)
- Gen Z (1 percent)
In another startling illustration that FlexJobs references, Yoh, a staffing and recruiting company released a survey of more than 800 employed U.S. adults and found that, excluding money, 42 percent of respondents would leave a job for a flexible work environment.
7 ways to convince your employer to let you work from home.
If you’re a worker finding that your need to work from home is the best solution for you, and your family, but your employer has not embraced flexible work options, I have a powerful resource for you. It’s 1 Million for Work Flexibility (founded by FlexJobs’ own founder and CEO, Sara Sutton)
This is the first national initiative creating a collective voice in support of flexible work. To support you in your pursuit, they have outlined seven unique strategies to approach managers about a remote work arrangement.
But your approach is critical. The key? When making your pitch, don’t make it about your personal needs; be fact-based and present the business case on how working from home will benefit your manager and the company.
Follow this guideline for your one-on-one conversations with managers, straight from 1 Million for Work Flexibility.
1. Present the data.
The research will be overwhelmingly in your favor when making your case. Consult FlexJobs and Remote.co to lock and load with data. They offer up numerous studies and surveys that demonstrate how flexible work benefits the bottom line.
2. Suggest a test.
If your boss pushes back (many traditional managers will have a fear-reaction because they don’t understand how remote workers operate), simply suggest starting small with a test run, like work from home one or two days a week for a month. Make sure to track tasks, be visible and check-in throughout the day, and then discuss the results of the test so managers can see the ROI.
3. Provide examples of existing policies.
If the test goes well, take the next step and present managers with some sample work flexibility policies from other companies and organizations. Showcase how other businesses are making these plans work.
4. Take a working sick day.
If bosses are resistant to a test run, call in sick but say you’d like to get some work done from home. That day, prove efficiency when working from home is higher than working in an office. The next day give specific examples of the efficiencies you experienced and try pitching a short trial run again.
5. Offer incremental options.
If managers are presented with an all-or-nothing request, they’re likely to opt for nothing. To avoid this problem, scale back and ask to work three days in the office and two full-time days at home to start. If productivity is higher on the work from home days, it’s more likely the arrangement can convert to working from home, full-time.
6. Communicate your communication plans.
For managers unfamiliar with virtual communication tools like Google Chats, Zoom, and Skype, make it easy on them by laying out where, when, and how often they can expect to hear from you during the week..
7. Finally, just be patient.
Let your manager process everything, and give them time to think things through as some of them may have to run it up the chain and convince their superiors. In the meantime, keep looking for opportunities to prove your ability to efficiently work from home–during inclement weather, or when you take work home, for example.