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Thursday, 18 October 2012

Statistics of Virtual Employees « Dawn Chuma

Statistics of Virtual Employees

Vworker published some interesting statistics on the benefits of transitioning into a virtual workforce.
Statistics
Virtual workers are more productive and happier than traditional workers:
Virtual workers:
  • Best Buy, British Telecom and Dow Chemical found that virtual workers are 36% – 41% more productive.
  • The work-from-home nature of virtual work reduces absenteeism by $1,134 per employee, every year.
  • 79% of traditional workers would prefer to work from home, and 61% would take a pay cut to be able to do so.
  • Virtual workers get an extra 2-3 work-weeks of free time in commuting savings, and report they use this time to spend with family, friends and for leisure.
Traditional workers:
Gallup found that 54% of traditional U.S. workers sleep walk through their day. An additional 18% are “actively disengaged” (meaning they actively undermine what an engaged worker accomplishes). Together, these groups make up a shocking 72% of the traditional workforce.
Another poll found that 1 in 3 high-potential traditional employees do not put full effort into their job.
The Telework Research Network discovered that:
Each traditional employee converted to a virtual worker for half of their hours saves $10,000/employee/year.
If every person in the U.S. economy capable of becoming a virtual worker, became one, the savings would be (per annum):
  • $650 billion in savings to U.S. businesses
  • $200 billion in productivity gains
  • $190 billion in savings from reduced real estate expenses, electricity, absenteeism and employee turnover
  • 100 hours/ person saved (not spent commuting)
  • 50 million tons of greenhouse gas emissions cut
  • 276 million barrels of oil saved (or roughly 32 percent of the oil imports from the Middle East)
  • 1,500 lives saved (not lost in car accidents)
In general, virtual workers help themselves and their communities by:
  • Reducing carbon emissions and slowing global warming
  • Reducing foreign oil dependence
  • Reducing traffic jams and accidents
  • Bolstering pandemic and disaster preparedness
Editors Note:  If this doesn’t get you excited to transition into a Virtual Office, I would suggest taking a look at the cost per employee.  Virtual Workers are cost and time effective no matter which way you cut it.  - Dawn Chuma

Statistics of Virtual Employees « Dawn Chuma

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