Telecommuting Boosts Revenue Growth
Companies that utilise telecommuting policies tend to experience faster growth than those that don’t, new research suggests. New analysis by IDC found that revenue growth of at least 10 per cent could be achieved over a 12 month time-frame by businesses that enabled employees to work remotely, as compared to firms without telecommuting policies. The research found that being allowed to work remotely just three times a month was all it took to see such results.
Revenue growth for telecommuting-supporting companies with between 10 and 250 employees was found to be particularly strong. “There seemed to be a productivity bump associated with [working remotely],” says Ray Boggs, a research VP at the organisation. “It suggests an overall attitude of worker trust and empowerment.”
After Yahoo’s highly publicised (and criticised) ban on remote working, the figures reaffirm the benefits that video can have for businesses.
A company that helps companies of all sizes roll out remote working to exploit these benefits is LifeSize, a leader in video communications and video conferencing infrastructure . LifeSize’s cost-effective HD video solutions enable users to communicate in a more engaging way, whilst reducing the time and money spent on travel to increase overall productivity.
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