Remote employment rates increase yearly. A decade ago, only 30 percent of employees worked off-site. Today, at least 37 percent of employees work off-site to some extent, according to a poll by Gallup. Working from home has a very positive influence on the environment; a typical car produces a yearly average of 4.7 metric tons of CO2 according to the EPA. An employee who works remotely, even one day per week, will save up to 20% on CO2 released per year. As remote work rises, CO2 output decreases, and consequently, employers save more money.
Positive Impact to Costs
An article on Entrepreneur.com shows that Remote workers are far more likely to put in overtime (53 percent compared to 28 percent for location based employees), rather than working fewer hours. Companies that allow employees to work from home save an average of $11,000 per person, per year. The same benefits can be gained by outsourcing staff roles, such as IT. With today’s online tools, employees at home can work as effectively, if not more so, than those in the office.
Fewer Sick Days
Up to 78 percent of workers who take sick days do so in response to stress or personal issues. Remote employees are better equipped to deal with issues and continue to work, thus work attendance increases.
The average cost of a business trip is around $949 domestic, and flying international is almost triple that amount. Businesses that operate remotely can negate the need for face-to-face meetings, and reduce the need for business travel. Using VPNs, VoIP equipment, and cloud-based programs may seem complicated, but it’s as simple as on-site employment.
Positive Impacts to the Environment
A recent study by Flexjobs shows the global impact of working from home. One inspiring result was reduced fossil fuel use. Working remotely reduced gas use by $20 million per year on a global scale. That’s a 54 million ton reduction in emissions, in addition to saving 640 million barrels of oil per year.
Raising Your Bottom Line
Fortune interviewed three top 100 companies that encourage location free work. The companies reported saving 15 to 25 percent on real estate and related costs. Remote workers saves millions of miles on driving and reduces CO2 emissions while enjoying raised spirits. Saving two million gallons of gas, and reducing CO2 emissions by 23,000 tons is nothing to scoff at.
Employers lose $1.8 trillion every year to low work productivity. Two-thirds of employers report higher output from remote staff, which is a great boost for the company. Your business can benefit by taking advantage of the technology that keeps teams connected around the globe. Be part of a global movement, boost employee morale, increase yields, and minimize losses while employing remote workers. Take your first steps with our remote IT services.