If you prefer to work from home, there’s always the option to meet clients in nice cafés or, in the case of particularly important meetings, you could rent office space for the day. Mack was surprised at how well the call went — though not as surprised as her IT staff. From April 6 2020 your employer can pay you up to £6 per week – to a maximum of £26 per month – to cover any additional costs incurred as a result of working from home. For some self-employed people, a home office is the best solution. Working from the home office affords many benefits to increase performance, business continuity, and achieve greater work-life balance. "We've always had collaboration tools in place, but now we're really putting them to use and developing good practices around them," said Marissa Andrada, chief people officer at Chipotle. Among those beneficial changes are higher attendance rates for meetings and more attentive managers. Keep up to date with Simply Business. (212) 419-8286 3 ways it could be good or bad for your health Jul 10, 2020 In praise of the office: Let's learn from … Whether it’s a two-hour train journey, an hour’s drive or a 20-minute walk, it takes time out of your day that you’ll never get back – and that’s before you take into account how long it takes to get ready in the morning. When it comes to making the decision to start your own business, or even just work from home, mums face different challenges to those who…, You can subtract your allowable business expenses from your turnover when working out how much tax you need to pay each year. It costs less. In a rented office space, you’ll be constrained by the environmental practices of the whole building. Maybe you need to be surrounded by plants, or keep your office environment at a certain temperature. Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG. Subscriber Employees generally appreciate a company that allows them to work from home and research has suggested that this could also boost productivity for the employer. A leading-edge research firm focused on digital transformation. Simply Business - Insurance for your business. But a company doesn't need thousands of employees to benefit from the discipline that working remotely requires. Though no one would choose the current situation, being forced to rely on collaboration technology has helped some companies and employees realize its hidden benefits. Head of sales at online grocery delivery company, Mercato, says she had to change her thinking about productive remote work and trust employees "to do their jobs and execute well and self-manage a little bit. While there are plenty of plus points to home working, there are some downsides, which mean it won’t work as a long-term solution for some people. Thinking about working from home long-term? Custom environment. Starting on March 21, Chipotle has been holding weekly executive leadership meetings by video conference, allowing all 900 of its support-center staff to interact with Chairman and CEO Brian Niccol and other leaders. Many are happier, more efficient and want to hang onto the benefits when the pandemic ends. And comfort can be part of the problem. It’s 7pm and you get an email from a client. "But you really do have to learn to trust them to do their jobs and execute well and self-manage a little bit.". Employers should talk to their employees and any representatives about who will cover any extra costs employees might have when working from home. 4. If you are a small business owner or self-employed and work from home, you will likely be able to take advantage of the home office deduction in 2020. Plus, if you spend money on decorating a rented space and then have to move out, you’ll be out of pocket in terms of time and effort, as well as money. "I still miss the collaboration aspect" of being in an office, she said. Here are some of the main advantages of working from home over working elsewhere. From 6 April 2020, employers have been able to pay employees up to £6 a week tax-free to cover additional costs if they have had to work from home. Get it now on Libro.fm using the button below. When you leave an office at 5pm on the dot it’s easy to declare work over for the day, but when you work from home those boundaries can get blurred. A work-from-home job is a job you can perform from home. If you have been following this blog for a while, you may know I quit my job in late February. Remote work and online collaboration technology are proving to be surprisingly helpful with hidden benefits like making teams work better together. work from home write-offs The pandemic forced millions of Americans to leave the office. 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