Important New Data About Working From Home

Telecommuting (working form home) is a hot topic right now. Marissa Mayer (new CEO of Yahoo) recently told employees they couldn't work from home because it hurts "speed and quality." The debate will fuel on with opinions from both sides, but we predict that telecommuting will continue to increase at a rapid rate moving forward. Here are 5 interesting things to consider based on new data:
  1. Telecommuters are almost twice as likely to work more than 40 hours a week.
  2. The average annual savings for a business if an employee with a telecommute-compatible job works from home half the time is $11,000.
  3. The average telecommuter saves $2,000 to $7,000 annually on transportation and other expenses.
  4. The percentage of telecommuters increased 60% from 2005 to 2011.
  5. Telecommuters are 6% to 10% less productive than on-site employees when doing repetitive work but are 11% to 20% more productive when performing creative tasks.