The Cost Benefits Of Telecommuting Essay - 857 Words

Conclusions In this section, we present our conclusions based on our research related to the four questions presented in the research section. Cost Benefits of Telecommuting The financial benefits for employees who telecommute are substantial and convincing. As the research indicates, savings in gas alone for a person traveling 30 miles round-trip is over $4,000 annually. Depending upon how far someone travels to and from work, how much a person spends for clothing, morning coffee and lunches, the savings could be significant to employees. Regardless, the average savings for a telecommuter would be between $2,000 and $7,000. Based on the research conducted on other companies of various sizes, the financial benefit of telecommuting to Corona Corporation would also be substantial. The research shows that businesses would save around $11,000 annually per employee. In addition to this, the fact that employers report 63% fewer unscheduled absences, makes telework very attractive to companies. On the basis of the results of these savings to both the employee and the company, we believe that all parties will recognize the cost benefits are a powerful argument for a telecommuting plan. Advantages and Disadvantages of Telecommuting Although there are some disadvantages to telework, those potential problems can be overcome through a sound training and management program. Our employees have already been well-trained to do their jobs. Managers and employees will needShow MoreRelatedTelecommuting1296 Words   |  6 PagesABOUT? 2 THE BASICS OF TELECOMMUTING 2 VARIETIES OF TELECOMMUTING 2 TYPES OF TELECOMMUTING 3 THE BENEFITS OF TELEWORK 3 BIGGEST CHALLENGES OF WORKING AT HOME 4 WHAT IN IT FOR EMPLOYEES 6 CONCLUSION 6 INTRODUCTION Telecommuting is a very interesting and complex subject. The pros and cons of this concept are numerous and both sides have excellent arguments. This report will help introduce you to the telecommuting basics; it will help you sort out the benefits and pitfalls so youRead MoreDefinition And History Of Telecommuting903 Words   |  4 PagesDefinition and History of Telecommuting 1 2.2 Benefits of Telecommuting 2 2.3 Potential Pitfalls of Telecommuting 2 2.4 Requirements of Telecommuting 3 2.4.1 Connectivity and Accessibility 3 2.4.2 Data Sharing 3 2.4.3 Communication 3 3.0 Implementing a successful Telecommuting Policy 3 3.1 Eligibility 4 3.2 Management Responsibility 4 3.3 Work Hours 4 3.4 Applications and Security 4 4.0 Conclusions 5 5.0 Recommendations 5 References 6 Implementing a Telecommuting Policy 1.0 IntroductionRead MoreThe Benefits of Telecommuting Essay1639 Words   |  7 PagesThe Benefits of Telecommuting Studies show that telecommuting is gaining popularity with many U.S. employers as they realize the cost benefits offered by telecommuting programs. According to a study conducted by The Dieringer Research Group of WorldatWork (2006), the number of Americans telecommuting at least one day per month has grown by 10 percent in recent years, rising from 26.1 million in 2005 to 28.7 million in 2006, with roughly 20 percent of the workforce engaging in some type ofRead MoreSurvey Report On Public Transportation821 Words   |  4 Pages4 illustrates if telecommuting is an option. The graph displayed above depicts the response from employees that were asked if the nature of their job made telecommuting a realistic option. The majority (42%) of the workforce replied that telecommuting would not be a realistic option. Introduction Taking into account the data and information that I collected from the employees, I believe the two best solutions would be to provide company-owned shuttle buses, or telecommuting. 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Mirroring the past, many people telework today because it is required by their occupation or simply because it is convenient. Whatever the reason may be, the effects of telework as a prominent practice permit it to be considered a norm in our society. With telecommuting becomingRead MoreTelecommuting : A Viable Option For Companies? Essay1625 Words   |  7 PagesTelecommuting development has risen in the business industry over the past decade, and it is most known for allowing people the freedom to who work from home. What is the effect of telecommuting? It is much more than having the freedom to be more remote than people come to realize. Research indicates employees and employers both save time and money. Studies will substantiate telecommuting is a noble business practice and that there are several significant advantages of telecommuting. However, thereRead MoreTelecommuting: the New Way of Jobs in the Next Ten Years1173 Words   |  5 PagesTelecommuting: The New Way of Jobs in the Next Ten Years PHI210 – Critical Thinking March 11, 2012 Telecommuting will be the new way that jobs are performed in the next ten years. Telecommuting can be defined as working from a remote location, usually a home office, by electronically linking to a company. Allowing employees the option of telecommuting whether one or more days is an opportunity that most employees would take advantage. The origins of peopleRead MoreTelecommuting1109 Words   |  5 PagesSpeaking Notes Title: Telecommuting – Working from Home Name: Leigh Ann Anderson Purpose: To persuade the audience how telecommuting is beneficial to them and try to convince them to consider it for their jobs. I. Introduction a. Imagine an alarm going off, waking you from a deep sleep. It’s 8 am on a Monday morning and, after much reluctance, you stumble out of bed, take a shower, brush your teeth, and trudge to your kitchen for your morning cup of coffee. Realizing it’s time toRead MoreAdvantages And Disadvantages Of Telecommuting1452 Words   |  6 PagesIt is apparent that telecommuting has many benefits for both employees and employers however, telecommuting is not without its potential challenges. Furthermore, companies that are considering this policy should note the varying possible pitfalls and attempt to find ways to control them. First, one potential disadvantage of telecommuting is there is minimal oversight. Likewise, It is nearly impossible to provide direct oversight or to micromanage a teleworker. There are ways, however, to overcome