National productivity would increase by five-million man-hours, or about $270 billion.Businesses would save over $500 billion annually in real estate, electricity, absenteeism, and turnover, or approximately $11,000 per employee.workforce worked from home half of the time, the savings would be over $700 billion a year. Global Workplace Analytics reports that if 50 percent of the U.S. Magazine reports that remote employees save between $2,000 and $7,000 per year on transportation, clothes, food, and child-care, than those employees who are office-bound. Remote workers can use their own devices, manage projects through cloud-based software, and connect face-to-face to collaborate with fellow employees anytime, anywhere using affordable video conferencing solutions like Highfive, which features HD video and audio to create a dynamic and interactive experience.Īs for employees, Inc. Additionally, one of the benefits of remote workers is that companies are able to reduce spending on the purchase and maintenance of technology. As for companies, savings come in the form of less money spent on office real estate, furniture, janitorial services, electricity, and other overhead costs. 39% of employees have not taken a new job or have quit a job due to inflexible work optionsĮmpowering workers to engage in remote work saves both the company and employees a significant amount of money.95% of employers say remote work has had a major impact on their employee retention.82% of employees say they would be more loyal to employers that offer flexible work options.Other compelling statistics that show employees are willing to stay with organizations that enable them to work remotely include: report that they are NOT considering leaving their jobs in the next year, whereas 54% of in-house employees are looking for a new place to work. In addition, 53% of remote workers in the U.S.
survey found that 73 percent of remote workers report higher satisfaction with their jobs. Who knew that sending workers home is one of the best ways to keep them around for years to come? Today, a growing number of companies are using remote work options as a desirable perk that helps them to retain top talent.
Whether you’ve been toying with this idea as a way to save your company big bucks, or your employees have been clamoring for you to add this option to your current lineup of perks, there’s much to gain from letting folks work from home, Starbucks, the airport, or wherever their Wi-Fi connections take them. In a highly competitive global economy, working smarter often means leveraging the manifold benefits of a remote workforce. On the fence about remote work? We detail five reasons it’s worth pursuing