Working from home not only benefits employees, but a company's bottom line as well. That's the finding of a new Web-based survey conducted by CompTIA, a nonprofit trade association. Survey results show businesses that allow telecommuting are more productive, save significant money and are able to hire and retain more qualified workers. "With anywhere connectivity, faster broadband options and high-quality video and online conferencing choices, the opportunity for virtual offices is greater today and more affordable for businesses of all sizes and types," said Todd Thibodeaux, president of CompTIA.
More than 200 companies responded to the survey. Three-quarters of respondents said their companies permit at least some telecommuting. The majority of respondents believe telecommuters are more efficient because of eliminated travel time. While results varied greatly, on average companies saved nearly $700,000 per year from their telecommuting programs. The savings are found in fewer mileage reimbursements and money spent in office materials.
While telecommuting boosts business, the survey shows it has health benefits as well. Respondents think working from home is a major factor in reduced job stress. The survey was sent to professionals in several industries, including technology service, manufacturing, health care, education and entertainment. It was conducted in August and September of this year.
