How much time (and money) I save working from home
By Natalie Zfat, founder of the Social Co., Forbes contributor and remote worker
Article Sponsored by Dell
“You must have great discipline.”
“How do you get anything done?”
“Are you eating out of the fridge all day?!”
As a business owner who has worked from home for the better part of ten years, I’m often met with variations of the same response when I tell people I work remotely.
And while yes, the fridge is my friend (think about how much money you or your employer could save on coffee, and snacks if you already had them), the other questions I get speak volumes about the stereotypes that quietly exist around working remotely.
With a whopping 45% of U.S. workers already working from home, here are my top three benefits from working from home (cue Fifth Harmony).
- Maximizing Time: According to the U.S. Census Bureau, the average commute time to work is 25.4 minutes each way. (New York City, where I live, is even longer at 34.7 minutes). Multiply that figure by two, and you’re talking about one hour in the car a day, five hours in the car per week, and almost 3 full work days spent in your car at the end of the month! Working from home alleviates all of this, eliminating commute time (not to mention, the stress of sitting in traffic). Working from home also means you don’t have to spend 30 minutes (or even 30 seconds) getting ready every morning, because your day starts as soon as you wake up (and get coffee, of course).
- Saving Money: Office rent. Gas. Vehicle wear and tear. Meals. Working from home provides endless savings opportunities from an employee standpoint. From an employer’s standpoint, allowing your workforce to work from home simply saves your company money – from infrastructure to operational costs like rent, office supplies, and more.
- Increasing Productivity: When you don’t have to spend time getting ready in the morning (or hours in the car), productivity – and good vibes – are abound. A study by Stanford University found that employees who work from home are 13% more productive than those who work from an office. (We’ve all sat in meetings that could have been emails – and gotten distracted by colleagues chatting about The Bachelor). Plus, statistics show that people who work from home often have less sick days and require less vacation days than their in-office counterparts. With technology platforms like Asana, Basecamp and Skype – great work and effective communication are possible from anywhere in the world. Additionally, having a technology ecosystem that provides maximum productivity while allowing for self-sufficiency equals getting more done.
Now go take a call from your pool while your manager finishes that year-end report from their hammock. You both deserve it!
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