So you want to know how to boost your company bottom line and productivity including profits? Of course you do, it would be very strange to say “No”!
Avison Young which is a commercial real estate firm released a study showing that if companies cut commuting times for employees, it can boost the bottom lines of companies while increasing productivity and profit.
In study, it states that organizations should try to reduce the number of employees who commute to work. This would improve many factors for the company but it would also improve quality of life, help reduce pollution as well as save money for the company and employees.
Attention companies in areas with paid parking. The most significant financial benefits associated with reducing employee commuting time is related to not only improved employee productivity, but also direct parking costs. The parking costs are expensive especially downtown Toronto no matter if the company or employee is paying for it.
Allowing employees to work remotely gives employees more flexibility. The study also shows that employees that work remotely also spend 60 per cent more time working than those who work at the office. Working remotely also reduces employee downtime because they do not need to take a full day off to handle personal appointments, personal business or even when attending to a sick child.
Another recent study from a North American IT solutions and managed services provider found that 78 per cent of employees highly value the ability to access work from outside the office. Another 70 per cent would leave their current job for one that offers more workday flexibility including the ability to work remotely.
Interested to find out how technology can boost your company bottom line and productivity?
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