Want to save money? Send your employees home.
It’s cheaper. And, they will be happier.
Deloitte Touche assumes an average seat cost of $12,000 per employee for traditional office space, while the cost is only $10,000 for a tele-working employee.
Gartner research notes that IBM slashed its annual real estate cost by $50 million through tele-working. Sun Microsystems saves $68 million per year.
But, the money saved is the tip of the iceberg.
According to the Global Workplace Analytics Review, tele-commuting improves employee productivity by reducing absenteeism and improving the quality of output. Best Buy, British Telecom, Amex and other companies report productivity improvements of 35%-40% for tele-workers. Sun Microsystems reports that employee spend 60% of the time they would normally spend commuting doing work for the company. Alpine Access reports that remote agents close 30% more sales with 90% fewer customer complaints.
So, want more productive employees who cost you less money?
Send ‘em home.
Want to know more? Check out our book, The Green + Productive Workplace.
Bob Best is Executive VP for Technical Services with JLL, where he has worked in energy and sustainability, property management, new business development, marketing and a myriad of other areas since 1986. He is a LEED Accredited Professional, a Green Globes Professional, and co-author of The Green + Productive Workplace: The Office of the Future… Today. For Mr. Best’s full bio, please click here.