Do you enjoy working from home? I certainly do. It’s not because I can avoid the business attire or the $4 cup of coffee on the way to the office. Instead, it’s about the efficiencies I and my employer gain from it.
It is ironic that telecommuting is something that I enjoy considering my existence as a broker is predicated on people working in offices. Nonetheless, the advantages of working remotely are undeniable. Employers are able to reduce money spent on office space and all that goes with it, while employees can save time and money by avoiding the commute. Not to mention the cost reduction associated with energy consumption, gasoline, traffic-related injuries, absenteeism, turnover, day care, and meals. Worker productivity and morale are also optimized.
According to the Telework Research Network, more than 20 million people work from home at least once a week – up 75% from 2005. Eight out of ten people say that they would work from home if they could. The trend is growing. While the federal government relies on legislation to increase telecommuting among its workers, private sector employers must be able to seize market share and competitive advantage by implementing comprehensive telecommuting strategies. Aligning the telecommuting strategy with the organization’s overall real estate strategy may provide the best bang for the buck, especially in the global market place.
What’s that sound? Sorry, gotta run. My coffee’s ready.