19. Best Practices / Resources2010 Total Rewards Conference & Exhibition
20. Telework Savings Calculator • Used by legislators, community advocates, and Fortune 500 companies in U.S. and Canada to promote telework initiatives • Available for every City, County, Metro Area, Congressional District, State in U.S. • Savings Company: Real Estate, Absenteeism, Turnover, Productivity Community: Oil, greenhouse gases, traffic, highway maintenance Individual: Gas, auto, food, parking, tolls, clothing, daycare
21. Custom Savings Calculator Total # of employees # Teleworkers Days / week they will telework Additionalpeople who could work at home Roundtrip miles to work Roundtrip commute in minutes Other employee Savings $ per gallon of gas % teleworker offices that are eliminated Cost per kWh of electricity Cost/per office Cost of losing an employee Cost of unscheduled absences % Reduction in absences % of employees who quit each year % improvement in retention Assumed improvement in productivity Average annual earnings of teleworkers Other company savings % Who could work at home % of people who want to telework % Daily travel reduction Parking, Lunch, Work Clothes Other Individual Savings/Year Day Care Costs
22. Telework Savings Calculator - Sources American Community Survey Bureau of Transportation Statistics (BTS) Omnibus Household Survey 2005 Reason Foundation — The Quiet Success: Telecommuting's Impact on Transportation and Beyond EPA MOBILE6.2 Colliers International 2008 Parking Study BLS Labor Review BLS Consumer Spending Report Center for Energy and Climate Solutions / Global Environment and Technology Foundation National Association of Child Care Resource & Referral Agencies U.S. Department of Energy, Energy Information Administration, Household Electricity Reports National Highway Safety Administration "Traffic Safety Facts” Federal Highway Administration Traffic Safety Data Cushman & Wakefield MarketBeat Matthews and Williams "Telework Adoption and Energy Use in Building and Transport Sectors in the United States and Japan” U.S. General Administrative Services Telework Studies American Management Associations / AVAYA "Unleashing the Hidden Productivity of your Small Business” CCH Unscheduled Absence Survey TalentKeepers Employee Turnover Trends WorldatWork Member Surveys CommuteSolutions.org
29. Employer Productivity Businesses lose $600 billion a year in workplace distractions. Fewer Interruptions More Effective Time Management Empowerment Flexible Hours Long Hours
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31. Dow Chemical estimates a 32.5% increase in productivity. - IBM study suggests telework employees up to 50% more productive. - Alpine Access, shows 30% increase in sales / 90% reduction in complaints - Over two-thirds of employers report increased productivity for telecommuters.
41. Employer Benefits: Attraction / Retention Among top non-financial benefits Expands talent pool Geography Caregivers Part-timers (26M) Disabled (16M) Rural Retirees Almost 80% of employees say they would like to work from home, at least part of the time. More than a third say they’d choose the option to telecommute over a pay raise.
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43. Only 75% of women age 25–54 participate in the labor force.
44. Almost a quarter of women work part time (16.5 million), vs. 10% of men.- Two-thirds of employees would take another job to ease the commute.
79. Telecommuting: Employee Benefits • 90% of home-based telecommuters say they are happier with the balance in their lives because of working from home. • During the 2008 run up in fuel prices, 92% of employees said they were concerned with the high cost of fuel. 73% felt their employers should take the lead in helping them reduce their commuting costs. •During the same survey, two-thirds said they’d take another job to ease the commute.
93. Community Benefits • From 1982 to 2005, only 6% of major cities were able to expand their roads in pace with traffic needs. Over 60% fell behind by more than 30%.
94. Telecommuting: Community BenefitsThe Environmental Ripple Effect Less Travel Teleconferencing / Video Conferencing Remote Training / Webinars Less Construction Less Office Equipment / Toxic Waste Less Paper
96. Telecommuting: Other Community Benefits Reduce human congestion Revitalize cities Improve emergency responsiveness Increase productivity among non-telecommuters by reducing travel times Increase employment Provide portable work options for military families Reduce the offshoring of jobs Raise the standard of living in rural and disadvantaged areas Reduce terrorism targets of opportunity 2010 Total Rewards Conference & Exhibition