Have you made the switch to work from home?
Research shows that working from home benefits both employees and employers.
Working from home helps with employee retention
46% of companies that allow telework say it has reduced attrition.
14% of Americans have changed jobs to shorten the commute.
95% of employers say telework has a high impact on employee retention.
Employees consider it a job perk
80% of employees consider working from home as a perk.
Two-thirds of employees want to work from home.
36% say they would prefer it over a pay raise and 37% say they would take a pay cut of 10% in order to work from home.
Reduced Costs
Reduced in expenditures, an example is how IBM slashed real estate costs by $50 million.
Average real estate savings with full-time telework is $10,000/employee/year.
With higher employee retention, there is a decrease in training costs.
Increased productivity
Best Buy, British Telecom, Dow Chemical, and many others show that teleworkers are 35-40% more productive.
Businesses lose $600 billion a year in workplace distractions.
Over two-thirds of employers report increased productivity among their telecommuters.
Potential risks
While network security is always an issue, trusting employees’ home networking equipment can leave your valuable information exposed.
Lack of productivity. While most employees show increased productivity or no change, there are some employees who just aren’t cut out to work from home.
Working from home in 2021
The average worker starts work at 8:32 a.m. and ends work at 5:38 p.m.
Tuesday, Wednesday and Thursday are the most productive days, in that order
Telephone calls are up 230%
CRM activity is up 176%
Email is up 57% and chat is up 9%
