In the global networked economy, work is performed everywhere, at any time and any place. That said, what are the operational benefits? Cisco set out to evaluate the social, economic and environmental impacts associated with allowing and actively enabling employees to telecommute.
Cisco announced the findings of its Teleworker Survey, an in-depth study of almost 2,000 company employees. The study, conducted to evaluate the social, economic and environmental impacts associated with telecommuting at Cisco, revealed that a majority of respondents experienced a significant increase in work-life flexibility, productivity and overall satisfaction as a result of their ability to work remotely.
Create a Sound Telecommuting Strategy
As the modern workforce continues to evolve and globalize, more companies are evaluating a telecommuting strategy to save costs and lower carbon emissions as well as to retain top talent.
For these companies, Cisco's survey highlights the gains that a sound telecommuting strategy provides for employees and employers alike.
Cisco is achieving new levels of efficiency and effectiveness by enabling people to work together no matter where they are located. In fact, according to Cisco's Internet Business Services Group, the company's global strategic consulting arm, the company has generated an estimated annual savings of $277 million in productivity by allowing employees to telecommute and telework.
Examples of Connectivity Solution Adoption
In addition, with the steady adoption of enterprise-class remote connectivity solutions like Cisco Virtual Office, the recently announced Cisco OfficeExtend, and virtual collaboration tools like Cisco WebEx, Cisco anticipates that employees and employers will continue to see a rise in the benefits associated with telecommuting.
Highlights from the study include the following:
- Approximately 69 percent of the employees surveyed cited higher productivity when working remote, and 75 percent of those surveyed said the timeliness of their work improved.
- By telecommuting, 83 percent of employees said their ability to communicate and collaborate with co-workers was the same as, if not better than, it was when working on-site.
- 67 percent of survey respondents said their overall work quality improved when telecommuting.
- An improved quality of life through telecommuting was cited by 80 percent of survey respondents.
- Telecommuting can also lead to a higher employee retention rate, as more than 91 percent of respondents say telecommuting is somewhat or very important to their overall satisfaction.
