15 Statistical Benefits to Flexible Work

 

working at coffee shop

 

If you want happy employees, consider this: a recent study revealed that “nearly half of all employees prefer flex work over a pay raise, [and] nearly one-third said they would change employers if offered flexible work elsewhere.”

Avoiding a stressful and time-consuming commute, achieving better work-life balance, being more productive, and finishing work they can’t complete at the office, are just a few of the reasons why workers are now demanding flexible work opportunities.

But, in case you need even more convincing, here are 15 recent stats on remote working:

  1. Telecommuting increased 79.7% from 2005 to 2012
  2. 79% of U.S. workers say they would like to work from home at least part of the time
  3. Among the 15 largest U.S. metro areas, San Diego-Carlsbad-San Marcos (CA) has the highest concentration of people who consider home their primary place of work (4.2%)
  4. A typical telecommuter is 49 years old, college educated, a salaried non-union employee in a management or professional role, earns $58,000 a year, and works for a company with more than 100 employees.
  5. The federal government has the highest proportion of teleworkers
  6. Approximately 69 percent of the employees surveyed cited higher productivity when working remote, and 75 percent of those surveyed said the timeliness of their work improved.
  7.  According to Cisco’s Internet Business Services Group, the company has generated an estimated annual savings of $277 million in productivity by allowing employees to telecommute and telework
  8. In 2008, Cisco teleworkers prevented approximately 47,320 metric tons of greenhouse gas emissions from being released into the environment due to avoided travel.
  9. Cisco employees report a fuel cost savings of $10.3 million per year due to telecommuting.
  10. More than 91 percent of the Cisco employees surveyed said telecommuting is somewhat or very important to their overall satisfaction.
  11. According to The Anywhere Office, 72% of U.S. employees say that flexible work arrangements would cause them to choose one job over another.
  12. Enabling employees to work remotely makes it possible to reduce the corporate real estate portfolio by as much as 40% – 50% by offering employees an opportunity to work from home full- or part-time
  13. Multiplied out across the U.S. economy (for the 40% of the workforce who could function remotely), “workshifting” (coined by Citrix Online) could save employers over $650 Billion per year.
  14. After 18 months, SCAN Health’s alternative work program received 40% return on investment for program development and deployment
  15. SCAN also reduced the cost of workforce support by 38% as a result of its distributed work program.

Sources: Image from Flickr, “People At Work” by Jay“; Telecommuting Statistics”, Global Workplace Analytics; Cisco Newsroom; “Work Unchained the Competitive Edge of the Anywhere Office”, Workshifting