The Telecommuting Statistics You Need To Know
- Due to faster internet work from home has steadily increased in the past 15 years. With more capable personal computers and digitalization of most employment tasks remote work has increased by 173% since 2005. The people who work from home now are growing at around 11 percent faster than the rest of the workforces
- By 2020, 5 million people or 3.6% of the total U.S employees will work from home at least half of the time
- More than half of worldwide corporations provide remote work benefits to their workers while just 16% of these are remote. The rest are hybrids with office-going personnel and remote employees
- By 2028, 73% percent of all departments would have remote workers
- The number of office workers was still larger than the number of remote workers before the pandemic. But more than 50% of individuals ended up working remotely at least once a week. And up to 70% worked remotely once a month
- Larger organizations are more likely than smaller ones to provide telecommuting freedom
- Employees who work from home are more productive according to two thirds of managers that give telecommuting options
Benefits Of Working From Home
- Most employees prefer remote employment as opposed to in office jobs. Companies that encourage and provide remote work reduce the rate of employees leaving the business over a set period by 25%
- 51% of employees say remote work improves their work life balance while 47% like avoiding the daily morning drive. At the same time 25 percent believe working remotely allows them to attain more financial security
- With more people telecommuting there will be fewer automobiles on the road. Transportation accounts for 28% of greenhouse gas emissions in the United States according to the EPA.
- Remote employees are more productive because they have less or no workplace small talk, fewer distractions, more time for family and exercise. Thus, they enjoy a greater quality of life and a better overall work life balance
“Polls reveal that employees are willing to accept lesser pay in return for a flexible work schedule”
Telecommuters Make More Money Than Non-Telecommuters
The typical non salary telecommuter's salary is $41,705. Compared to $37,657 for the average non-telecommuter.
Despite these figures polls reveal that employees are willing to accept lesser pay in return for a flexible work schedule. According to one poll, 34% of U.S. workers would accept a wage decrease of up to 5% to work remotely.
The average telecommuter earns approximately $4,000 more per year than the average non-telecommuter. Especially among employees earning $100,000 or less per year.
In a separate survey, 28 percent of respondents said they would accept a pay cut of 10% to 20%. Workers would also be willing to give up other benefits such as vacation days.
Telecommuters Hold Higher Positions In Their Companies
Most telecommuters work in management roles at their organizations with 16% of all telecommuters identifying as managers.
The remaining vocations of telecommuters are office and administrative support at 14%, management at 16%, sales and associates at 13% plus computer and mathematics at 9%. And lastly, business and financial operations at 9%.
Performance Can Increase Up To 13% By Working From Home
According to work from home statistics, telecommuters are more productive. Employees who work from home boost their overall productivity according to two-thirds of bosses.
Furthermore 86% of employees think they are most effective while working alone. As they are away from distractions such as unproductive meetings, workplace gossip or noisy office settings.
Even with housework, roommates, family members and pets 75% of respondents think working from home is less distracting than working in an office.
While most individuals believe that working from home may be extremely distracting and negatively impact job performance statistics show otherwise.
Over 77% of remote workers say they are more productive when they work from home.
“According to work from home data 82% of telecommuters reported decreased stress levels”
Telecommuters Are Happier And Less Stressed By Working From Home
Working from home alleviates the burden of working in a typical workplace. According to work from home data 82% of telecommuters reported decreased stress levels.
Data demonstrates that reducing stress leads to happier and more engaged employees. 80% of telecommuters report greater morale and 69% report fewer absenteeism.
What Percentage Of Teams Are Currently Working From Home?
During COVID-19 about 70% of full-time workers are working from home.
Following COVID-19 92% of those polled anticipate working from home at least one day per week. And 80% expect to work from home at least three days per week.
23% of respondents said they would take a 10% income loss to work from home full-time.
Employers Offering Work From Home Flexibility Lost Fewer Employees
Working from home data show that organizations that allow workers to work from home have lower turnover rates.
According to Stanford University research the companies that provided a work-from-home option saw a 50% decrease in employee turnover.
According to a second study, 80 percent of respondents would be more loyal to their employers if they had more flexible work alternatives.
But according to the same poll 30% of employees have left a job because it was not flexible.
“Work from home. It might be a simple perk that saves your company money while attracting top personnel searching for freedom”
What Is The Future Of Remote Working?
Telecommuting appears to offer several advantages based on data obtained from work-from-home employees and participating firms.
According to growth trends telecommuting will only become more common in the future since working from home first appeared on our radar in 2005.
So, are you considering allowing your small company staff to work from home? It might be a simple perk that saves your company money while attracting top personnel searching for freedom.
How Many People Work Remotely?
In the United States, the labor force peaked at 164.6 million individuals in February 2020 right before the pandemic began in earnest.
According to remote worker statistics, more than 4.7 million people in the United States work at least half of the time remotely.
According to an Owl Labs Survey, 16% of organizations worldwide are entirely remote. According to the same poll over 62% of workers aged 22 to 65 report to work remotely – at least periodically.