Telecommuting: What exactly is it and how does it affect you?

What exactly is telecommuting? Telecommuting is defined as an employee who works from home. Throughout the past few years, this work trend has become immensely popular. In the past, most telecommuting employees would work from home maybe once or twice a month. Today, employees who work from home do so every day. As more businesses use this method as a means to connect employees with the company, it is crucial for you to understand the changing business landscape. How does this affect your business? Should you start implementing telecommuting into your company?

Why?

Working from home is a much more economical way to manage employees. By cutting out the cost of physical space for employees to work in an office, you decrease costs at the bottom line. These costs also include a lease, insurance, and travel costs. All of these costs add up to be incredibly expensive. Employees working from home cost virtually nothing and accomplish the same goals.

Does it actually work?

You may be wondering if telecommuting actually works. Many employers voice concerns that employees might get distracted at their homes and productivity suffers. Although this is a viable concern, it has not been proven to be true. Gallup concluded most telecommuters believe they are just as productive as other employees in a survey conducted in 2015. The article goes onto further explain that 46% of telecommuters do so during the work day. Telecommuting for work has climbed 37% in the last 20 years. Moreover, GlobalWorkplaceAnalytics.com explains that 50% of the US workforce holds a job that is compatible with at least partial telework and approximately 20-25% of the workforce teleworks at some frequency. In short, many workers are eligible to work from home.

So what now?

Try to adapt to the new business world of telecommuting. You may even increase productivity and decrease costs through the implementation of this technique into your own business. No more sitting in rush hour traffic or dealing with the hordes of people heading to the office. Telecommuting is here to stay and it is necessary that we learn and adapt. This can greatly help your business if you take advantage of this opportunity and give your employees autonomy while reducing costs.

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