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By spring 2022, this figure rose to 9%. As the COVID-19 pandemic pushed businesses to embrace telecommuting, many were surprised by the resulting boost in productivity. Telecommuting Productivity Data A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts.
She is considered a global expert on telecommuting and other flexible workplace trends. She is president of Global Workplace Analytics (GWA), a research-based consulting firm that has been helping public and private sector employers understand and implement new ways of working for more than a decade.
As time passed, however, Molly started noticing the positives of telecommuting. According to LinkedIn Global Talent Trends 2022 , job hunters viewed nearly twice as many job posts before applying in 2021 than they did in 2019. As a result, job seekers are being pickier than ever. Flexible schedule.
Global Workplace Analytics estimates that an employer can save $11,000 on average per year for each half-time telecommuter. However, some businesses may have needs that do not suit telecommuting. Hybrid work offers many of the same benefits as remote work, including increased employee satisfaction, retention, and cost savings.
Important Changes to Know About The Consolidated Appropriations Act of 2023 was signed into law in December 2022, and it’s collectively referred to as SECURE 2.0 – an update to the SECURE Act from 2019. Don’t use telecommuting to expand employees’ by requiring weekend and evening work without paying for it.
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