The Keys to Successful Virtual Teams: Compensation and Benefits Strategies
The Rise of Virtual Teams and the Importance of Compensation and Benefits The shift towards remote work has led to a significant increase in the number of virtual teams across the globe. According to a report by Gallup, 43% of employed adults in the United States are working remotely at least some of the time, up from 31% in 2015. This trend is expected to continue, with 73% of teams expected to have remote workers by 2028. As virtual teams become the norm, companies are faced with the challenge of ensuring their remote employees feel valued and supported. Compensation and benefits play a critical role in this endeavor. ...