February 24, 2021 by Lisa Brammer
Last March the COVID-19 pandemic really set the US workforce on its ear when officials told us all to stay home. UCS, like the rest of America’s office workers, scrambled to get as many team members as we could working remotely.
What can I say, we were one of the lucky ones. We already had our secure VPN in place along with other security measures, and a few team members already set up to work from home. Consequently, it didn’t take long before we were able to send quite of few of our team members home (with an updated work-from-home policy) where they were up and running (remotely) in just a matter of hours.
Almost a year has passed, and a lot of those employees are still working from home. Of course, we are not alone. Globally, more and more employees are working remotely. It begs the questions: Is telecommuting just a temporary passing fad or a trend that’s likely to weave its way as a long-lasting, abundant thread in the fabric of our workforce?
Global Workplace Analytics is a leading source of the latest work-from-home/remote work statistics. President, Kate Lister, has been studying workplace trends for the past ten years. Here’s what they have to say on the subject.
According to the article I read by company listed above called “Work-At-Home After Covid-19—Our Forecast” the typical telecommuter is college-educated, 45 years old (or older) and earns $58,000/yr. working for a large company with more than 100 employees.
Quoting the article, “We believe, based on historical trends, that those who were working remotely, before the pandemic, will increase their frequency after they are allowed to return to their offices. For those who were new to the remote work until the pandemic, we believe there will be a significant upswing in their adoption. Our best estimate is that we will see 25-30% of the workforce working at home on a multiple-day-a-week basis by the end of 2021.”
Who’s going to benefit from this new arrangement? Global Workplace Analytics thinks everyone will.
Based on conservative assumptions, GWA estimate the typical employer will save an average of $11,000 per half-time telecommuter per year. (They even have a free, nifty Telework Savings Calculator that employers can use to calculate what their own potential savings could be.)
What about employees? There are savings for them too, primarily due to reduced cost for travel, parking, and food. Global Workplace Analytics estimate that employees save between $2,500 and $4000 per year by working half the time at home. (On a side note, I think there’d also be savings on clothing and makeup. But that’s just me).
The advantages of telecommuting don’t stop there. The environment would also benefit! Yay! According to the article, “Eliminating or reducing commuter travel is the easiest and most effective way for a company or individual to reduce their carbon footprint.” Based on their estimates, if people who were willing or able worked remotely half the time, greenhouse gas reduction would be equal to taking the entire New York state workforce off the road.
After experiencing the benefits of telecommuting myself and reading that very informative article by Global Workplace analytics I can’t help but think telecommuting is here to stay. How about you?
United Credit Service, Inc. is a full service, licensed revenue cycle management and debt collection agency that has been providing effective, customized one on one management and recovery solutions for our business partners in the Midwest since 1950. Visit our website at http://www.unitedcreditservice.com, call 877-723-2902, or check out our YouTube video.
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