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| ![]() What Are Employers Doing About Work-Life Balance? And What are the Employer Benefits?How are Employers addressing work-life balance? Teleworkers report better work-life balance and higher job satisfaction. Happy employees are more productive. It turns out there are also huge cost savings in real estate, technology, & the environment.
Every company is different in its culture, constraints, and opportunities. Not all companies can or are willing to, but more and more companies are allowing or even promoting remote or telework. Telecommuting has been the subject of many studies (see further reading below) and is a growing trend that has great impacts to the bottom line for companies in terms of: Human Resources, Real Estate, Technology, and the Environment. But even if your company isn’t set up for telecommuting, there are ways to increase productivity and satisfaction in a traditional office setting. Remote Work: Studies Show that Giving People Flexibility Gets Productivity Results It is commonly accepted that happy employees are more productive employees. The question is how can I ensure that my employees are as happy and productive as possible? In the recent downturn, there have been stresses of understaffing, bonuses and raises that may not have met the expectations of staff. In all economies, there can be issues with office politics, interruptions and over-communications in terms of meetings and email, and simply the ability to flexibly accommodate both professional and personal endeavors in the best way for all. Telecommuting is generally viewed as a perk, this is a measure towards helping employees achieve work/life balance. Flexibility on hours and location even within an office-based setting, such as shifting from traditional hours, should be viewed as part of the talent retention strategy; it is generally considered a very tangible benefit by employees. Onsite, offering a work environment that is pleasant both physically and psychologically will increase productivity and employee loyalty and retention. Some companies offer “quiet time” for employees to work uninterrupted, and the streamlining of resources sharing. Google offers free gourmet lunches and unregulated working hours. Some companies have programs to allow issues of office politics to be reported in a safe environment and have policies to address them. Best Buy offers flexible hours and location under their Results-Only Work Environment (ROWE) approach. Companies need to create a culture of trust that emphasizes productivity and goal achievement. This can be done by acknowledging non-work priorities and by offering flexible work & scheduling arrangements. Productive companies have minimized the stresses of politics and over-communication by discouraging mass emails and unnecessary meetings, and focusing on vision communication and enrollment. When employees are energized and motivated, they are productive and loyal – it is a win-win situation for all. BestBuy’s ROWE is a location-neutral, flexible hour program that the company believes to have saved their headquarters $13 million a year simply in employee turnover costs, and increased the productivity of these employees by 35%. Sprint has addressed the changing workforce desires via a flexible and mobile work approach, to which they attribute a 40% impact to their bottom line consistently, and has documented their savings at $25 million. Absenteeism was reduced by 3.7 days/year at Citrix, and they were able to reduce employee turnover by 25%. What of the other three bottom line factors? Real Estate, Technology, and the Environment Real Estate. Many large companies have incredible costs associated with real estate and facilities management. In addition to the costs of owning or renting a building, the costs of securing, maintaining, cleaning, heating, cooling, furnishing and outfitting it are enormous. When workers are physically present less, those costs go down. A virtual workforce engenders very little of the costs of a traditional office site, some physical server locations, and occasional meeting spaces are a small fraction of the package. Sun Microsystems saves $68 million annually in real estate costs and $3 million a year in IT costs, attributed to flexible work options for 17,000 employees. The US Patent Office was able to skip the cost of new real estate expenses thorough telework to the tune of $11 million. And IBM has saved $700 million annually in real estate costs teleworking 80,000 employees. The results are stunning (see the Citrix paper “Workshifting Benefits: The Bottom Line”. Technology. Mobile technology from smart phones to online meetings has transformed the speed at which things can be done. Virtual meeting mean less travel costs and wasted time. Cloud computing and custom data storage and sharing provides access to information without delays or the costs associated with physical production and storage of paper. Technology has transformed the way we live, work and play and will continue to bring us new opportunities in ways we imagine and in ways we can’t. The productivity of the entire workforce is enhanced by the technologies employed. The use of technology by the teleworkers employees has shown productivity gains measured at 27% by Citrix. Such productivity gains are attributed to the lack of interruptions and office stresses, and by others to the Golden Rule. Telecommuting is perceived as a benefit, and so as professor at the Eller College of Management, Russell Cropanzano, said: "In its simplest form, (the Golden Rule) argues that humans are motivated, in part, by a norm of reciprocity," Environment. Many companies have adopted a green approach as part of their branding and image, which allows them to attract a growing demographic of customers, suppliers, and employees. There are very real environmental wins when companies choose to promote a location-neutral work approach. There are less carbon emissions when people work at home, less oil consumption, less wear and tear on the tax-payer funded road system. Imagine the impact of taking the cars of IBM’s 80,000 teleworkers off the streets for the home/work/lunch/ # # # Redfish Technology specializes in locating talent in the High Tech and Green Energy sectors. Recruiting since 1996, the company offers nationwide coverage and offices in Silicon Valley, the East Coast, and the Intermountain West. End
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