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The most obvious cost saving that results from telecommuting is reduced overhead. Companies that don't have to pay for employees' office space and supplies can save quite a bit in a year.
Strong Written and Verbal Communication Skills This is a non-negotiable and critical skill. A remote worker must be able comprehend and communicate with everyone on the team. They need to be clear and concise without leaving room for miscommunications is vital.
Home workers reported 25% lower stress levels, 73% said they ate healthier working from home, 76% were more loyal to their company and 80% reported a better work-life balance.
9 Factors Driving the Increase in TelecommutingTalent Acquisition and Retention. Finding and keeping good employees is difficult, even in a bad economy.Going Green.Cost Cutting.Ubiquitous Broadband.Growth in Mobile Computing.Security Concerns.Better Big Brother Tracking.Online collaboration Tools.More items...?
7 advantages of telecommuting1) Higher employee satisfaction.2) Better work-life balance.3) Increased flexibility.4) Reduced operational costs.5) Reduced expenses for employees.6) Easier to focus.7) There's zero commuting necessary.1) You need the right technology to be effective.More items...?
Telework Best Practice GuideSetting clear expectations. Clarify expectations. Be sure to lay out clear expectations around job performance and responsiveness.Plan ahead. Plan Ahead.Communicate regularly. Communicate Regularly.Foster effective teamwork. Foster effective teamwork.Reflect and adjust. Reflect and adjust.
Telecommute employees save money by not having to drive to work, buy lunch, and pay other out-of-pocket expenses associated with traveling to the office. Specifically, employees who work from home can save $6,800 on expenses they no longer need to pay to commute.
It is easier to focus without the usual workplace distractions. There are no transportation costs. It can provide a better balance of work and personal pursuits. Employers may save money on real estate and other overhead expenses.
Three of the biggest benefits of working from home are its flexibility, financial savings and health advantages, Hanna says. Many parents enjoy working from home because it allows them to schedule their day around their family, which allows for better work-life balance and more quality time with their loved ones.