It is little secret that with the growth and prominence of telecommunications technology thus far, that many companies are using the technology in new and exciting ways – but what do the telecommuting job statistics really show? In short, they show the beginnings of a paradigm shift in the way people are working, and in how business is getting done in the first decade of the 21st century. The statistics show a real, changing market dynamic that is taking advantage of new technology and forging a space where both worker and employer are finding incredible new benefits from the arrangements. In fact, a quick review of these telecommuting job statistics is really all one needs to understand how the working world is changing for the better.
Statistics On Productivity
With telecommuting growing each and every year, more and more prominent companies and firms are switching to, or adopting some level of home based telecommuting workers. Companies such as JD Edwards, American Express and Best Buy, Inc. have invested into a significant telecommuting work force for some divisions of their operations, and they report up to 40% increased productivity for those workers. (Lister and Harnish).
Also, some studies have revealed that for most companies that switch to a telecommuting work force, those companies see an immediate 15 percent increase in productivity and efficiency in their work force. These studies also revealed that telecommuting workers required fewer hours to produce more work at a higher level of quality. (Business Lexington, 2009)
Telecommunications company AT&T nets a total savings from their telecommuting work force of more than $100 million per year. (AT&T 2000)
Statistics On Overhead Costs
There are also significant statistics available on the savings available to overhead costs through these telecommuting initiatives. For example, Sun Microsystems saved more than $67 million in real estate expenses in 2006 when they shifted 18,000 workers into a telecommuting operation, and Sun saves more than $70 million every fiscal year on real estate costs and operating expenses due to their use of telecommuting workers.
One study found that workers who worked from home save companies and firms more than $8,000 per worker each and every year. (Lister and Harnish)
Recently, Dow Chemical slashed their real estate and operating expenses by more than 33 percent through the use of telecommuting. (Lister and Harnish)And though these few telecommuting job statistics barely crack all of the incredible benefits that telecommuting can have for workers and for employers, the tale is, as they say, in the tape. There are many and myriad benefits and very few drawbacks to telecommuting, and with the growing sophistication and accessibility of the latest in telecommunication technology, it is little wonder that each and every year the ranks of companies and businesses offering their workers the ability to telecommute is growing by double digits. One glance through the telecommuting job statistics is all one needs to see that the wave of future economic growth goes through the home based worker’s office.
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