11 Compelling Reasons to Hire Remote Software Developers
In today’s interconnected world, the demand for skilled software developers is higher than ever. Companies across industries are constantly seeking top-notch talent to create innovative digital solutions. However, traditional hiring approaches often limit the scope of talent acquisition. This is where remote software developers come into play. Remote software developers have emerged as game-changer, offering a global pool of talent that can revolutionize your business.
In this article, we will explore 11 compelling reasons why hiring remote software developers can give your company a competitive edge. Let’s take a look.
Reasons Why Hiring Remote Software Developers Can Give Your Company a Competitive Edge
1. Access to a Global Talent Pool:
Upwork conducted a study that found 70% of businesses prefer to hire remote workers instead of traditional office workers.
41% of employers say that talent shortage is an issue they face when hiring developers. 2019 Developer Skills Report, HackerRank
In today’s competitive landscape, the demand for skilled developers is high. Finding a skilled developer can be tough, especially when you’re looking for someone with expertise in a specific tech stack or niche technology. For example, it can be challenging to find a developer who is knowledgeable in cutting-edge technologies like progressive web apps or someone experienced in working with blockchain and AI.
When you hire remote software developers, you transcend geographical boundaries and tap into a vast talent pool worldwide. This enables you to find the best-fit professionals with diverse skill sets, experiences, and expertise. Embracing a global workforce empowers your company with fresh perspectives, ensuring the development of cutting-edge software solutions.
2. Cost Savings:
Remote software developers often work as independent contractors or freelancers, saving your company significant costs associated with office space, equipment, and infrastructure. Additionally, hiring developers from countries with lower labor costs can stretch your budget further, providing a higher return on investment.
Working remotely half the time could lead to significant national savings of over $700 billion. Businesses could also save an average of $11,000 per year for every part-time remote worker, and hiring remote workers can be more cost-effective than hiring in-house staff.
3. Enhanced Focus and Commitment:
According to a study conducted by Upwork, Over one-third (34%) of workers who were remote are not excited about returning to the office, compared to 24% who are.
Software development demands a considerable amount of focus and the ability to work in isolation. When hiring office workers, it becomes easy for them to be sidetracked by colleagues, managers, team leaders, or any other factors within the office environment. They may also face non-work-related commitments that can hinder their productivity.
However, remote developers have the advantage of working with heightened focus and unwavering commitment. Without the physical presence of peers or managers, they can concentrate more effectively on their tasks. While remote work is not entirely devoid of distractions, these can be overcome by adhering to strict deadlines and prioritizing task completion.
By adopting a remote work setup, developers can optimize their focus, ensuring dedicated attention to their work. This concentrated approach, coupled with the absence of office-related distractions, enables remote software developers to deliver high-quality results within the specified time frames.
4. Enhanced Productivity and Efficiency:
A global survey conducted in 2020 found that approximately 42 percent of respondents experienced an increase in the productivity of software developers since the onset of remote work enforced by COVID-19. About 59.5 percent of respondents reported that remote work setups had a positive effect on developer productivity overall.
Global impact of remote work on software developer productivity 2020
Published by Lionel Sujay Vailshery, Sep 13, 2022
Working remotely eliminates many common distractions found in traditional office environments. Remote software developers can create a personalized work setup conducive to their productivity, resulting in increased focus and efficiency. Moreover, remote teams can operate on a 24/7 development cycle, accelerating project timelines.
According to statistics, JD Edwards remote workers were found to be 20-25% more productive compared to their office counterparts. Furthermore, American Express employees who worked from home were 43% more productive than their office colleagues.
5. Diverse Perspectives for Innovation:
Automattic, Buffer, GitLab, Invision, and Zapier all have from 100 to nearly 1,000 remote employees.
Remote Workers and Nomads Represent the Next Tech Hub, TechCrunch
Remote software developers bring diverse backgrounds, cultures, and experiences to the table. This diversity fuels creativity, collaboration, and out-of-the-box thinking, fostering innovative software solutions that cater to a wide range of user needs. Embracing diverse perspectives in your development team boosts competitiveness and helps you stay ahead of the curve.
6. Round-the-Clock Development Cycle:
According to the annual Owl Labs 2021 ‘State of Remote Work’ Report, 55% of respondents revealed that they work more hours from home compared to their office hours. This finding indicates that employers can maximize productivity by leveraging remote work and harnessing the increased dedication of their workforce.
With a global team of remote software developers, you can maintain a continuous development cycle. While some developers rest, others can progress the project, leading to faster turnaround times and enhanced efficiency. This seamless workflow ensures your software development process never sleeps.
7. Streamlined Hiring and Increased Speed-to-market:
According to a survey conducted by Robert Half, 75% of senior managers who participated stated that their companies implemented remote hiring and onboarding processes in 2020.
Traditional hiring processes can be lengthy and time-consuming. Remote hiring eliminates the need for relocation or visa processes, enabling you to onboard talent swiftly. By accessing a wider talent pool, you can fill positions faster, reducing time-to-fill and gaining a competitive advantage in the market.
8. Improved Work-Life Balance for Developers:
According to a study by Flexjobs, 65% of respondents report wanting to work remotely full-time, while 32% want a hybrid work environment.
According to a survey conducted by FlexJobs in early 2022, a mere 3% of professionals expressed a desire to return to the office full-time. This finding aligns with the fact that 87% of professionals reported that remote work options have significantly enhanced their work-life balance. The preference for remote work among professionals is understandable, given the positive impact it has on their overall well-being.
Remote work provides software developers with the flexibility to work from their preferred locations, leading to improved work-life balance. This results in higher job satisfaction, reduced burnout, and increased retention rates, ultimately benefiting your company’s talent retention and employer brand.
9. Seamless Collaboration and Knowledge Sharing:
According to Gallup’s State of the Global Workplace: 2022 Report, the cost of disengaged employees is staggering, amounting to an astounding $7.8 trillion in lost productivity worldwide.
Despite physical distances, remote software development teams can leverage advanced collaboration tools and communication platforms to foster seamless teamwork. Through video conferences, chat applications, and up-to-the-minute project management tools, remote developers can share ideas, collaborate on projects, and ensure everyone remains aligned throughout the development lifecycle. This facilitates efficient knowledge sharing and enhances productivity across the team.
10. Reduced Employee Turnover:
By 2020, businesses that encourage a choose-your-own-work-style culture will see an increase in employee retention rates by more than 10%.
Crafting Workspaces that Enhance the Employee Experience, Gartner
Remote work offers software developers a greater degree of freedom and flexibility in their work arrangements. This increased autonomy and work-life balance contribute to higher job satisfaction, leading to reduced employee turnover. For millennials, in particular, employers are struggling to keep up with changing work/life mindsets. A Gallup report shows that 60% of millennials are open to new job opportunities, and 21% changed roles within the past year.
By hiring remote software developers, you create an environment that promotes employee happiness and retention, saving your company from the costs and disruptions associated with frequent employee turnover.
11. Rapid Expansion and Scalability:
According to a study by the career site, Ladders, 25% of all professional jobs in North America will be remote by the end of 2022.
One of the significant advantages of hiring remote software developers is the ability to rapidly scale your team and expand your business.
As your product’s demand increases, you can easily onboard remote developers to meet the requirements without the constraints of physical office space or geographical limitations. This scalability enables your company to take advantage of new opportunities and accelerate growth while at the same time optimizing costs.
Are you looking for a remote software development company to help you in building your next great project? Do you want to hire the best developer who can deliver on time, under budget, and with the highest quality code?
At Renesis, we offer Remote Software Developers to fuel your business growth. Our team of highly skilled and experienced developers is available to collaborate with you on your projects, providing innovative solutions that meet your specific needs. With our talent, expertise, and dedication, we can support your business in achieving its software development goals.
Invest in remote software developers and unlock the true potential of your business! Contact us today to learn how Renesis remote software developers can contribute to your success.