5 benefits of telecommuting for your small business

Photo courtesy of Flickr user Magnus Manske

Employees the world over want to work from home, but many small businesses shy away from allowing telecommuting in their place of work. Maybe it’s because they are afraid of losing control over employees, or maybe it’s because they don’t know enough about telecommuting as a benefit. If you own or run a small business, keep reading to learn how telecommuting can improve the overall efficiency and quality of your company, making it more eco-friendly.

1. Increased productivity
Contrary to what many small business owners believe,
research has shown that telecommuting actually increases productivity among workers. There seems to be an idea around telecommuting that involves pj’s, missed deadlines, and a general careless attitude. This idea, though, is a major misconception. In fact, a Stanford University study of call center employees who worked from home showed an increase in productivity by 13 percent. Improved productivity leads to more efficient operations, which allows you to be more environmentally friendly.

2. Higher retention rates
Finding and recruiting quality staff is not for the faint of heart. It drains your resources, time, and energy. With telecommuting, your employees are satisfied and are more likely to stay with your company long-term. Employees who are allowed to work remotely are 73 percent happier than those who aren’t. This level of employee happiness can save you a significant amount of money in the long-run by reducing costly employee turnover.

3. Competitive edge
Because of the difficult process of recruiting, small business owners need an edge over the competition in order to hire and keep exceptional talent. That’s exactly what telecommuting offers. Even if you can’t provide the highest salary in your area, or the best health insurance, letting potential job candidates know that you’re open to telecommuting as a benefit increases your odds of hiring the perfect person. Flexibility for workers to work where they prefer to work is critical to retention which is a driver of your competitive advantage.

4. Environmental friendliness
More telecommuting means fewer cars on the road. The Consumer Electronics Association conducted a study that found telecommuting preserves enough energy to send power to a million homes in the U.S. for a whole year. Offering telecommuting is an easy way to reduce your carbon footprint, as well as the carbon footprint of your employees in addition to reducing their commuting costs. One day of telecommuting would be equal to saving 12 hours of electricity use of an average household.

5. Cost-Effectiveness
Believe it or not, employees aren’t the only people who see telecommuting as a benefit financially. Employers save on things like office supplies, office space, and other overhead costs. In fact, it has been estimated that companies save approximately $11,000 per year for each telecommuting employee.

With the perks listed here, it’s not hard to see that telecommuting is a benefit to employers. Although it’s a change to make in your workplace, incorporating telecommuting will have a huge impact. Give it a try and watch the improvement happen before your eyes. Don’t believe us? Watch this video:

Next steps
Not sure how to develop a telecommuting policy? HR Solutions provides practical advice, tailored to your small business. We are available by phone or email to walk you through the process. Call us at 480.924.6101.

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