{"id":817,"date":"2009-11-05T06:45:30","date_gmt":"2009-11-05T13:45:30","guid":{"rendered":"http:\/\/www.zackgrossbart.com\/blog\/?page_id=817"},"modified":"2020-08-27T08:19:11","modified_gmt":"2020-08-27T12:19:11","slug":"numbers","status":"publish","type":"page","link":"https:\/\/www.zackgrossbart.com\/blog\/numbers\/","title":{"rendered":"Telework Savings In The Real World"},"content":{"rendered":"

Telecommuting programs provide enormous savings to the companies that implement them. Let’s take a look<\/a> at how they get those cost savings.<\/p>\n

Supplying one person with a cubicle to work in, a telephone, and an Internet connection costs an average of $10,000 per year.<\/div>\n

Start by pulling out a calculator. If you commute just 40 minutes<\/b> to and from work every day you are losing 8 working weeks a year<\/b>. Telecommuting makes you more productive and saves money in real estate.<\/p>\n

Now let’s take a look at how much money real companies are saving with telework programs and by encouraging their employees to work from anywhere.<\/p>\n

Cisco<\/h3>\n

“According to Cisco’s Internet Business Services Group, the company’s global strategic consulting arm, the company has generated an estimated annual savings of $277 million<\/span> in productivity by allowing employees to telecommute and telework.”
\nCisco Study Finds Telecommuting Significantly Increases Employee Productivity, Work-Life Flexibility and Job Satisfaction<\/a> – Cisco<\/span><\/p>\n

AT&T<\/h3>\n

“There’s no shortage of reasons for AT&T to continue its celebrated telework program, which has helped the company slash its annual real estate costs by $30 million<\/span> and rake in $150 million<\/span> in extra hours of productive work from teleworkers.”
\nInside AT&T’s telework program<\/a> – Network World<\/span><\/p>\n

IBM<\/h3>\n

IBM is saving more than $100 million<\/span> annually in its North America sales and distribution unit alone.
\nAlternative Workplace: Changing Where and How People Work<\/a> – Harvard Business Review<\/span><\/p>\n

“IBM Canada had teleworker productivity improvements of up to 50%<\/span>.”
\nTelework Facts<\/a> – The Telework Coalition<\/span><\/p>\n

Sun Microsystems<\/h3>\n

“Sun is saving about $70 million<\/span> a year in real estate costs through its Open Work programs.”
\nFlex Your Force: Building the Virtual Office<\/a> – Sun Microsystems<\/span><\/p>\n

American Express<\/h3>\n

“Telecommuters at American Express, are reckoned to generate over 40 percent more business<\/span> than their office-bound colleagues.”
\nHome Warriors<\/a> – The Economist<\/span><\/p>\n

British Telecom<\/h3>\n

“British Telecom’s 9,000 teleworkers are apparently 30 percent more productive<\/span> than their office counterparts.”
\nHome Warriors<\/a> – The Economist<\/span><\/p>\n

Compaq<\/h3>\n

Compaq teleworkers are from 15-45% more productive<\/span>.
\nTelework Facts<\/a> – The Telework Coalition<\/span><\/p>\n

Pacific Bell<\/h3>\n

Pacific Bell reports that telecommuters exhibit 25 percent less absenteeism<\/span> than do employees who work in their Central Business District offices.”
\nTransportation Implications of Telecommuting<\/a> – US Department of Transportation<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Telecommuting programs provide enormous savings to the companies that implement them. Let’s take a look at how they get those cost savings. Supplying one person with a cubicle to work in, a telephone, and an Internet connection costs an average of $10,000 per year. Start by pulling out a calculator. If you commute just 40 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-817","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/pages\/817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/comments?post=817"}],"version-history":[{"count":20,"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/pages\/817\/revisions"}],"predecessor-version":[{"id":862,"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/pages\/817\/revisions\/862"}],"wp:attachment":[{"href":"https:\/\/www.zackgrossbart.com\/blog\/wp-json\/wp\/v2\/media?parent=817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}