Just a decade ago, people were not so familiar with digital nomads and remote work initiatives.
Now, working from home has been taking the world by storm, and working remotely is just behind.
ADVANTAGES OF REMOTE WORKING
Many people fall in love with this idea because being a digital nomad and doing remote work provide a greater work-life balance—no more rush hour traffic, no more office politics, and no more clock-in and clock-out.
Businesses and companies also love it because it is cost-effective. Not having to commute between home and workplace can save companies money on employee’s transportation and office space rental.
Therefore, many big and even small companies compromise the outdated employee system. In fact, remote working lifestyle is much more acceptable especially when their employees move to Bali or when they hire expats who have been living in Bali for a while.
Here comes the question—why managers prefer their staff to move to Bali than to other places when working remotely?
We will learn more about this trend in this article.
1. Bali is cheap.
Digital nomads or remote-based entrepreneur are able to save approximately US$6,000 on basic expenses for a three-month stay in Bali as compared to western hemisphere like London.
In addition to that, you can indulge yourself in activities such as yoga, surfing, culinary classes to improve your overall well-being.
Overall, the cost of living in Bali is nothing you should stress about. For more detail information you can check Numbeo.
2. Internet is fast and inexpensive.
Gone are the days when the Internet connection in Bali was unbearably slow due to the underdeveloped infrastructure.
Now, the Internet connection in Bali has gotten faster, better, and cheaper. Furthermore, computers, laptops, and mobile devices with advanced technology can all be found in Bali at reasonable prices.
3. Remote workers are more productive.
According to Dell, more than 50% of their employees are remote staff. Also, through their survey, the company found that the productivity of these remote staff has increased with no negative effect.
It is believed that when employees are able to choose their best time and environment to work, they perform better. As a result, some companies in Bali even hire 100% remote workers to save on their overhead costs.
Source: Forbes
4. Digital nomads in Bali are happier.
Every employer knows that a happier employee makes a more efficient and productive worker.
Digital nomads in Bali are happier because they are able to indulge themselves in things they love, have the free time to travel the world, and can spend more time with friends and family.
No more 9-to-5 office hour. This will help improve their relationships, health and overall happiness.
5. Companies can save a lot.
Companies do not need to buy and maintain office equipment or pay for electricity and utilities. They do not need to rent or buy an expensive office space or building as well.
These huge savings can then be reinvested in the business, or even in the development of their remote employees.
6. Companies have a wider talent pool.
When companies do not restrict themselves to one particular geographic location, they have a higher chance to recruit very talented people that fit the job positions.
These people can come from anywhere around the world, sharing knowledge and experience that can help companies to learn and grow at the same time.
CONCLUSION
The digital nomad lifestyle has shown no sign of slowing down. Entrepreneurs and start-ups in Bali can and SHOULD benefit substantially from this trend.
Cekindo provides workspaces, namely co-working spaces and serviced offices, which can help catapult your digital nomad or remote working experience in Bali.