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Follow on Google News | How Remote Teams Save Money | Worksnaps BlogAre you considering starting and transitioning your company into a remote workforce? If so, this is the post for you.
By: Worksnaps What are some of the challenges or hurdles I might face as a remote company? What technologies should I utilize in going global? And finally, how much money will I save as a remote company? First off, it's typically good practice to give people what they want. If you want a happy company then starting with happy employees is a good first step. This study from SodaHead (http://www.sodahead.com/ Communication Systems Being that the proverbial water cooler discussions are exponentially more complex, one needs to ensure that communication lines are agreed upon by everyone first. Ideally there would be prearranged meetings times however often you feel necessary, from daily scrums to weekly gatherings to monthly reviews. Also don't forget differences in time zones (http://www.timeanddate.com/ As far as software recommendations to ensure easy communication, Yammer (https://www.yammer.com/ Lastly related to communications, you might want to check out this Meetup (http://www.meetup.com/ Happy Employees = Profitable Business At least it is common convention that happy workers lead to a more profitable business, although some still argue otherwise. Sometimes though it's hard to really sense how happy people are with remote setups as you can't see their happiness or lack thereof in person, in the real flesh and blood. Here is a great little happiness software (https://www.tinypulse.com/) Also related to happy work from home people, typically employees can save 20 hours/week working from home (http://technorati.com/ Saving Money A remote or work from home (WFH) setup naturally saves a company money compared to a brick and mortar store because of lower overhead related to office space savings and other menial things like parking. So just how much do remote companies save? Well, it depends on how much you pay and where you are setup but essentially the higher the wage and realty costs the more you'll save. Here are some stats to take a face value. I recommend to project again based on your own environment: $2,400 a year (http://newsroom.cisco.com/ IBM saves $100M per year (http://sloanreview.mit.edu/ $4500 saved by employees (http://www.connectsolutions.com/ Businesses lose $600 billion a year (http://www.globalworkplaceanalytics.com/ For contractors who work from home there can be a tax savings (http://workathomemoms.about.com/ And for an example of large companies that are setup as remote entities essentially for tax savings (legal disclaimer: always talk with your tax guy) you should definitely read about how Apple does it (http://tech.fortune.cnn.com/ Lastly, drive and commuting times (http://www.worksnaps.net/ So do you think a remote company is right for you? Have you already given it a shot? I would love to hear your comments below. Originally published on: http://www.worksnaps.net/ End
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