To overcome the challenges the financial crisis, companies have started to implement methods to reduce their costs. A number of strategies have been brought forward, including the concept of using work schedules to manage prices. An individual can find a sort of those approaches in every workplace, to implementing a four day workweek or a workweek from telecommuting.
Better than Advances
Week implementing a work Arrangement is a fantastic alternative. People today want their jobs to survive – in these -and many will appreciate the work schedules more. Instead of following the wave of the layoffs, companies are encouraged to explore options that will enable workers to maintain their jobs while at the same time reducing the costs of keeping the employer everybody.
Low overhead, maximum productivity
The Concept of telecommuting is not new, even though it has risen over the past year to popularity. It has brought forth the idea of flextime and has been demonstrated to be beneficial for organizations. Because of the development and it is easier for companies to establish offices where workers work from the comfort of their own homes on their tasks and can log in. The range of businesses has broadened, letting them tap into Time Clock Wizard services. Outsourcing business functions like marketing and HR has become more viable.
Let the numbers do the talking
Telecommuting arrangements saves the Company plenty of money in office space, and equipment, power. It is not surprising giants such as Nortel, Merrill Lynch, IBM, and AT&T have rolled out work. Typically, expenses for each worker who works from home are reduced by 30 to 70 percent, which may translate to countless companies with a sizeable workforce. Management states the prices of the equipment given to an employee are negligible compared to the savings. Some success stories include British Telecom, which saw a 31 percent growth in productivity among its 9,000 telecommuters. Edwards, where telecommuters have been demonstrated to be 20 to 25 percent more productive shares this achievement.
How to execute
Managing a workforce that is virtual is a lot different than overseeing. Implementing telecommuting applications or the work week will require the development of a set of metrics and training. There are things before flextime work agreements are implemented by a business. The same is true for the execution of this cost. As an example, companies have to recognize which ones will flourish when workers do not work in the office website and which manufacturing areas will be acceptable for the work week. From there, benchmarking should be implemented. This will make quality of service metrics in addition to determine how much work ought to be delegated to employees.