In the world of remote work, things are different. Whether you're one of the millions of remote companies or tens of millions of remote employees working around the world, you understand that the challenges facing employers and workers alike have fundamentally changed.
Instead of office managers, we have work management platforms like Slack and asynchronous communications. Instead of recruiting from the local college, we have transnational workforces and globalized time. Instead of file cabinets and water coolers, we have data storage and knowledge hubs.
When people look back at the growth of remote work in the early 21st century, they will likely think about the historical development and evolution of distributed workplaces in pre-COVID and post-COVID eras. If you haven't been paying attention, a lot has changed in the last two years!
Before COVID, only 23% of American workers said they had frequently worked remotely before 2020. Almost two years after the beginning of the COVID-19 pandemic, ~60% of American workers said they can primarily do their job from home.
Although many COVID-era travel and vaccine restrictions have been lifted, many workers continue to work remotely because they prefer it over in-person work. 44% of workers say that working from home makes it easier to manage their professional and personal lives, compared to 10% who said it's made it harder to do so. Data also shows that remote work is more common among more educated and highly-paid workers. As of January 2022, 67% of high-income earners worked remotely compared to 53% of lower-income individuals.
The data bears out on the employer side as well. According to a survey by PwC, 83% of employers say that a shift to remote work has been successful for their company. Over half of corporate executives surveyed said that average employee productivity has gone up since remote work began, and 34% of workers say that they're more productive than before the pandemic due to remote work.
If you're starting or running a small to a medium-sized tech company. In that case, the growth of remote work opens space for remarkable new possibilities previously limited by the pesky realities of time and space. You can envision an idea for your SaaS company while living in Jakarta, find a developer who lives in Bucharest, find funders in California, and sell your product to German firms operating in the Middle East.
The downside is that making a remote company function well is extraordinarily complex. The bewildering and slightly overwhelming complexity of how exactly these companies function and create value is demonstrated well in this handy chart:
You know the challenges you face while building and managing a remote team and simultaneously designing and creating the structure of your business. The main problem frequently comes from overcomplicating something simple: you likely have multiple software services with overlapping utilities instead of having one resource for managing workflow. You need software A to handle communications, but software B is better for tracking developer progress. Software C does a bit of what A and B do while also tracking payments; suddenly, you've got information silos that make it hard for your employees to take the next step. That leads to mismanagement, blown deadlines, budget overruns, and poorly executed projects.
Ultimately, many of these problems can be attributed to management failure. Still, managing a remote workforce and company is just as much about your tools as your management style. Enter Sprinter.
At Sprinter, our founding team is intimately aware of the nature of these challenges and the importance of having a simple and straightforward software solution. Sprinter was engineered for organizations in need of an efficient, trusted, transparent, and streamlined execution platform.
Sprinter is unique for three key reasons:
- We aggregate a global labor market of developers, giving you access to elite talent while helping you to minimize the costs of maintaining a global workforce.
- The Sprinter platform uses blockchain-enabled smart contracts to ensure that your budget for contract work is maintained and that your contract employees complete deliverables on time.
- Our intuitive and founder-friendly platform helps you keep track of project management, hiring, payments, and timelines all in one place.
Our enterprise-caliber user experience centered around the following key features:
- Payment processing,
- Project timeline tracking,
- Team hiring and management,
- Sprint analytics,
- Real-time business intelligence roadmaps
We take some of the most complex and valuable tools from the world of blockchain and crypto to create a distributed ledger directly integrated into our software. Our blockchain-based platform's micro-services reduce information asymmetry and execution risk between you and your contractors, allowing your company to take advantage of the upside of remote work while minimizing downside risks and inefficiencies. Our proprietary smart contracts system gives your business an unimpeachable audit trail AND fast and secure cross-payments.
If your company needs help streamlining its workflows and navigating the complex but fruitful possibilities opened up by the growth of remote work, Sprinter is the tool for you. Our team created Sprinter because of our belief that national borders should not limit entrepreneurship. Sprinter is here to help all fully distributed companies become as efficient as possible in managing data, contracts, contractors, and other vital business components in a world of remote-first work. We are here to help you build. Click here to check out Sprinter's platform and learn more.