According to a report by Owl Labs in 2022, about 56% of global companies allow remote work, while 16% of global companies have turned fully remote. The COVID-19 pandemic has showed to numerous companies that remote work can be a viable alternative when executed properly.
Cost-Saving
Hiring remote software developers can help your business save a good chunk of cost and use it elsewhere where it is needed more. Along with savings, you can also cut down the costs of recruitment & onboarding.
Remote software engineers don’t need to be present in the same workplace geography, so the employer doesn’t need to pay for relocation or commute expenses. Also, workplaces no longer need to buy designer furniture and other types of equipment as the team will be working from home entirely.
Additionally, by using the latest communication technologies, such as video conferencing and online collaboration tools, companies can reduce time spent in meetings and other non-productive tasks.
And eventually, compared to in-house teams, companies can get more work done in less time and at a lower cost.
Wider Pool of Talent
One of the primary reasons companies hire remote software developers is that it gives them access to a bigger talent pool. By allowing engineers to work from home or any other remote location, the company can access specialized skill sets that might otherwise be difficult to source locally.
Also, remote software development teams allow companies to hire individuals from cross-functional teams with different backgrounds and experience levels.
This enables businesses to benefit from the expertise of people with various perspectives. Using diverse remote teams often results in better outcomes, enabling more effective communication and collaboration between team members.
With the enhanced ability to access a bigger talent pool and the benefits of cross-functional teams, remote software development teams are an increasingly popular option for businesses that want to keep up with the trends.
Increased Productivity
When hiring dedicated development teams on the remote model, you can experience increased productivity compared to the in-house team. With remote software developers, you get a range of benefits that can support driving more efficient & practical work.
For instance, remote software developers can join a cross-functional development team, enabling flexible collaboration and quicker development. There will be faster problem-solving and overall productivity because employees work at their best place.
A place where they feel most productive, and unlike in-house teams, no one is sitting on their head.
To sum up, remote software developers are proven to increase productivity & efficiency by providing a broader range of skillsets that would otherwise be inaccessible or too expensive to hire in-house. This will support businesses to become more profitable while improving their customer service.
Improved work-life Balance

Flexibility & Availability
Another reason you should hire remote software developers is that with remote working, your team can be available on demand, with the flexibility to scale up or down as needed.
Improved Diversity
Enhanced Communication
Better Security
Reduced Turnover
Lowered Environmental Impact
Improved Work-life Balance
Faster Time-to-market
Improved Team Morale And Employee Retention
Conclusion
