Saves Money- Rented office space costs an average of $33 per square foot (per year). According to InnoVisions Canada, companies can eliminate one office for every three telecommuters. AT&T reduced its office-space costs by 50% by virtualizing their office, and Merrill Lynch saves $6,000 per year for each office they eliminate!
Increases Productivity- Telecommuters are more productive. According to a 2008 survey by CompTIA, 67% of respondents said their organizations were more productive thanks to part-time and full-time commuting. Also, American Express claims their telecommuters produce 43% more business than office workers!
Increases Employee Retention- In CompTIA's 2008 survey, 37% of respondents said telecommuting improves employee retention. Another 39% said they have access to more qualified personnel, who don't always live within commuting distance, thanks to telecommuting. Furthermore, Telecommuting, at least part-time, can reduce stress and keep key people from leaving your organization. That kind of give and take has the added bonus of building company loyalty.
It’s Green- A study commissioned by the US Consumer Electronics Association reported that telecommuting saves 9 to 14 billion kilowatt-hours of electricity per year- the equivalent of one million U.S. households. That means energy savings for your company. The study also estimated that 3.9 million telecommuters reduce fuel consumption by about 840 million gallons and carbon dioxide emissions by nearly 14 million tons. (Information gathered from TechRepublic)
Friday, January 29, 2010
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