Wednesday, October 8, 2008

Telecommuting = Productivity, healthy employees, more money

If you’re noticing more of your coworkers coming to work angry everyday or heightened tensions around the office then the latest survey results from the American Psychological Association may not surprise you:

More than 8 out of 10 Americans are significantly more stressed about their personal finances and the economy than ever before.

“Half of the respondents in the survey said they are increasingly stressed about their ability to provide for their family's basic needs. More than half, 56 percent, expressed concerns about job stability. This has translated into less productivity at work, because of anxieties about salary, heavy workload and job security,” as reported on CNN.

With money woes in most employees’ lives and businesses trying to save money, you would think more would be using telecommuting programs to save money on both sides.

Companies who offer employees telecommuting options find greater employee productivity, lower operating costs, improved employee health and higher retention rates, according to recently released telecommuting statistics from the Computing Technology Industry Association (CompTIA).

The latest telecommuting statistics from CompTIA’s research show:

  • 67% of companies polled said employees were more productive, mainly because they spent less time commuting.
  • 59% reported having saved money from reduced use of office-related supplies and resources.
  • 39% reported easier access to a more qualified staff located in other regions.
  • 37% said telecommuting improved employee retention.
  • 25% reported better employee health, citing lower stress levels by eliminating commuting.
  • Companies cited other benefits including promotion of safety through reduced highway use (18%) and environmental benefits (17%).

Whether your company offers telecommuting as a part-time or full-time option, you now have evidence that it protects the bottom line while lightening employees’ financial burdens. It’s a win-win situation.

Here are some resources to help get your telecommuting program off the ground:

Top 5 reasons to let employees telecommute - The Chief Happiness Officer

5 most common telecommuting mistakes - HR Tech News

Telecommuting: Getting bosses on board - BusinessWeek

Managing Telecommuters - Chapter 573.2 - The Future of Work Weblog

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