As the 21st century evolves, so does the work environment. More and more companies are moving away from the so-very-last-century practice of gathering all the minions in a cubicle farm and are replacing physical boundaries with technological ties. A 2014 study found that 38% of employers allow at least some employees to work from home on a regular basis.
Teleworking results in greater mobility and agility for the company, and also happier and more productive employees. Stanford University studied a travel company, Ctrip, (https://web.stanford.edu/~nbloom/WFH.pdf) and learned that telecommuters were 13% more productive, saved the company almost $2000 per employee on office support and worked more hours with fewer sick days – all with half the attrition of a more traditional employee.
In order for this to work for everyone, though, there has to be trust between employer and employee. If you’re a teleworker, or want to be, take to heart these 5 best practices for virtual work success.
Location, Location, Location.