Telework could save billions: Study

Twice-weekly telecommuting could save companies
|Canadian HR Reporter|Last Updated: 05/06/2011

Twice-weekly telecommuting could save Canadian companies, employees and the community more than $53 billion per year, according to a report by Calgary Economic Development and the Telework Research Network.

Employers could see savings of $10,000 annually for twice-weekly telecommuting per employee, and employees could see savings between $600 and $3,500, found the study.

“(The report) has us convinced more than ever of the necessity to work within our communities and organizations to start adopting these practices in a very meaningful way,” said Robyn Bews, program manager at WORKshift, a federally funded initiative led by Calgary Economic Development.

Additionally, Canadian companies could see annual savings due to reduced turnover of more than $1.8 billion, said WORKshift Canada: The Bottom Line on Telework, which was compiled using census data, case studies, research papers and other documents. Employers could also see a 20-per-cent increase in productivity and increased employee empowerment and morale.

While four out of 10 Canadians have jobs that could be done at home at least part of the time, and eight out of 10 would work from home if they could, only three out of 100 do so, said Kate Lister, principal researcher and lead consultant at the Telework Research Network.