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The last few years have seen an increase in the number of companies hiring virtual employees. Companies are providing virtual career opportunities in a bid to stay competitive while keeping overhead costs down. Many employees are also yearning for virtual or telecommuting careers. A study carried out in 2015 indicated that 24 percent of employees would take a pay cut to work from home.

Tap Into Global Talent Pool

Globalization and Internet technology have led to new opportunities for both employers and job seekers. Today, companies are hiring virtual employees in all sectors including software development, HR, content production, transcription, secretarial services, and so on. Technology allows companies to tap into skilled talent around the globe and more importantly, at a lower cost.

On the other hand, skilled job seekers are finding opportunities to advance their careers by working with companies from different parts of the world. For example, an employee in Bangladesh can be doing data entry work for a firm in Switzerland.

The Baby Boomer generation is retiring and their valuable experience is not easy to replace. Technology enables businesses to tap into a wider marketplace of talent to replace the boomers’ skills through virtual careers. Moreover, retirees can be given an option to continue working from home.

Increased Productivity for Companies

Hardworking virtual assistants are highly productive and can help companies to save money. Both small and large corporations can benefit by hiring such virtual employees. Companies like Best Buy and Dow Chemical reported that their virtual employees are 40% more productive.

Virtual workers are always working when they are on the clock. Human resource managers frequently complain of unproductiveness of employees working in the office environment. For example, it is common to see employees performing menial tasks in an attempt to look busy.

How many times have you come across an employee designing a new template for office memos, reorganizing a filing cabinet or shuffling papers? Such tasks do not improve the company’s bottom line in any way and, in fact, lose companies across the United States a reported $600 billion annually.

Hiring virtual employees can cut these costs significantly. Experienced telecommuters work in distraction-free and comfortable environments. They also know how to manage their time efficiently.

Benefits of Virtual Careers

Virtual careers benefit both job seekers and employers. For job seekers, there are vast opportunities to work with companies from around the world where their skills are required.

Virtual employees also work in comfortable and quiet workplaces and spend less on gas. The employees wake up and go to work just a few steps into their home offices. In a tight economy, the benefits of telecommuting are apparent for both employers and employees.

Virtual careers are also beneficial to employees, especially those in the tech industry. Tech companies usually need hard-to-find technical skills and employees that can work during unconventional hours. Such skills can be tapped from around the world without requiring employees to work from the office.

But the benefits of virtual careers are not only limited to tech industry. Virtual employees can be hired by all companies for various positions including customer service and HR among others.

Keep Employees Happy

Studies show that today’s worker has a frighteningly low retention rate. The search for greener pastures, workplace freedom and increasing rent make employees move from company to company. 

Employers can have a difficult time keeping their employees. This problem can be easily solved by hiring virtual employees. These skilled virtual employees can enjoy the freedom that they want while contributing to the growth of your company.

When employees are happy, they save company money and everyone benefits.

Written By
Mahesh Kumar is the spokesperson of Transcription Certification Institute, an Ellensburg-WA based educational institution that provides in-depth online general transcription training course. The online course, which has been created by industry leaders, enables transcriptionists to gain a well-rounded understanding of the field and become a professional transcriptionist for better job prospects and higher wages.

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