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:
- Telecommuting increased 79.7% from 2005 to 2012
- 79% of U.S. workers say they would like to work from home at least part of the time
- 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%)
- 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.
- The federal government has the highest proportion of teleworkers
- 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.
- 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
- In 2008, Cisco teleworkers prevented approximately 47,320 metric tons of greenhouse gas emissions from being released into the environment due to avoided travel.
- Cisco employees report a fuel cost savings of $10.3 million per year due to telecommuting.
- More than 91 percent of the Cisco employees surveyed said telecommuting is somewhat or very important to their overall satisfaction.
- According to The Anywhere Office, 72% of U.S. employees say that flexible work arrangements would cause them to choose one job over another.
- 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
- 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.
- After 18 months, SCAN Health’s alternative work program received 40% return on investment for program development and deployment
- 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