The benefits of a telework program are widespread. According to the International Telework Association and Council, on average, teleworking yields:
- 22% increase in employee productivity
- 20% decrease in employee turnover
- 60% decrease in employee absenteeism
The Telework Advantage
Allows employees to be more effective. With the right tools and a flexible schedule, employees are able to work any time, anywhere, without the distractions of the office. This allows employees to be more focused and productive.
Increases management results. Managers with telework employees often have more efficient employees with higher standards of work. Managing the results of your telework employees will help you to gauge the success of your program.
Assures uninterrupted work. Without the need to commute, your telework employees escape a great number of the delays associated with traffic and extreme weather. And without the distractions of the office, teleworkers are able to focus better on their work.
Reduces real estate costs. When an employee teleworks two or three days a week, the empty office space offers options for desk-sharing and storage. This additional space can allow a company to grow without the concern of moving or adding costly real estate. Parking expenses are reduced and limited parking can be shared, lowering company overhead.
Decreases employee recruitment and training costs. A flexible workplace raises morale and lowers employee turnover. Higher employee retention lowers company recruitment, hiring and training expenses. Profitable companies seek the top employees and attempt to hold onto them. Job seekers want more than high pay – they want challenging, interesting, supportive and flexible work environments. And companies with a telework program have an obvious competitive edge over those that don't.
Allows for Business Continuity. Teleworking can be a key component of a business continuity plan in the event of bad weather, a pandemic, or any other crisis that closes the central office location for any period of time.
Lowers relocation costs. In some cases, the cost of relocating employees can be avoided altogether by combining a telework arrangement with business travel.
Increases quality of life. The flexibility of working off-site allows employees to focus on work, without the stress of how to get there.
Lowers personal costs. Telework employees spend less on their professional wardrobe, eating out, dry cleaning and transportation (including vehicle usage, gas and insurance).
Expands your human resource pool. There's an untapped talent pool of qualified potential employees that are unable to drive. Teleworking can alleviate the need for transportation altogether, allowing companies to hire these empowered, independent employees. The result is a telework staff with higher morale, work ethic and company loyalty.
Benefits the environment.The fewer cars on the highways, the safer and healthier the environment is for us all. And companies can feel good about reducing their employees' dependence on oil.