FlexWorkSB - Benefits for Managers

Benefits for Managers

Employee productivity improvements of over 15%, employee turnover rates reduced by two-thirds, employee recruitment costs reduced by one-half, real-estate savings in the $millions, employee absenteeism reduced by one-third, and more! These are all bottom-line returns that organizations have consistently achieved after implementing formal, effective FlexWork programs.
No matter what your organization's size, industry, or budget, you too can experience the measurable, bottom-line benefits of a solid FlexWork program. As part of the FlexWork Santa Barbara program, we'll work with you to define the benefits, metrics and measurements that make the most sense for your business goals.

Participating in FlexWork Santa Barbara will help you:

Build your identity as the employer of choice in your industry
Increase productivity and creativity
Reduce turnover and recruitment costs
Reduce real-estate and other overhead costs
Gain off-hour and emergency support without adding costs
Understand how best to utilize the collaboration tools available to your organization
Prepare for a future that includes alternate work arrangements
Become known as a good community citizen by helping to alleviate Santa Barbara's air pollution and traffic congestion issues

Retention & Recruiting Benefits
Employee Productivity & Responsiveness
Real Estate Savings

Benefits for FlexWorkers

Retention & Recruiting

THOR Travel, an online travel agency, has experienced many benefits from its two year telework program:
- THOR estimates a $240,000 savings in employee turnover costs
- THOR's turnover rate has decreased from 45% to 3%
- THOR's recruitment success rate increased 400 %
Kaiser Permanente's Oregon operations had a zero turnover rate among it teleworkers during the first two years of its telework program.
KCTS, a non-profit company, has seen its turnover reduced by 70%. It also has found more success recruiting new employees under a lower wage structure.
AT&T surveyed its employees and found a much higher rate of commitment to the organization among its teleworkers (76%) than among its non-teleworkers. They attribute the resulting reduction in turnover among its teleworkers to a higher level of life balance and more time in an environment conducive to high concentration levels.
Unisys attributes its higher retention rate among teleworkers in part to the fact that they enjoy a higher level of involvement in their local communities.
IBM's retention rate among teleworkers is the highest for all employees in alternative work arrangements, and is sharply higher than non-telework employees.

Employee Productivity & Responsiveness

The productivity of IBM teleworkers is up 10 to 20%. Less than a 1% increase in productivity was needed to justify the costs of their teleworking program.
AT&T estimated that the productivity of teleworking employees increased from 15 to 20% as a result of enhanced morale, fewer meetings and fewer interruptions.
Washington Mutual's appraisers who telework are 24% more productive than non-teleworking appraisers.
The Guardian Life Insurance Company of America experienced an 18% productivity increase among its teleworkers.
Unisys experienced a 33% reduction in employee absenteeism among its teleworkers.
Merrill Lynch estimates that in one year alone, each telecommuter saved them $10,000/year in reduced absenteeism and employee retention.
The San Francisco North Bay Technology RoundTable found that their teleworkers were 78% more satisfied with their jobs after they began teleworking. They also found that 70% of the survey respondents said that they would be interested in a different employer who offered teleworking.
American Express and Cisco Systems both estimate that their teleworkers are over 20% more productive.

Real Estate Savings

A Cornell University study determined that in the average office, 70% of desks, offices and workstations are unoccupied during a typical day.
On average, AT&T estimates that it saves $3,000 per teleworker in real estate and related costs (e.g., energy).
The Washington State Department of Transportation designed a teleworking program that allows 650 employees to work comfortably in an office space made for 450.
Cisco Systems' Manhattan office estimates that it will save $5 to $7 million dollars in real-estate costs when its telework program is completely implemented.
IBM estimates that $56 million dollars each year in real-estate costs is saved by their extensive teleworking program.
American Express has saved over $25 million dollars over 5 years by reaching its goal: 5% of its workforce teleworking on any given day.
Unisys saved $1 million dollars in real-estate costs and $1 million dollars in relocation fees.
Washington Mutual saves $166,000 each month in office space costs through a teleworking program that includes 225 employees.