In June 2016, PwC published a Consumer Intelligence Series document titled Work-life 3.0: Understanding How We’ll Work Next. It contains a treasure trove of great information on how employers and employees view the future of the workplace, including the trend of letting employees work from home. This information was derived from a survey of 1,385 U.S. workers.
Work From Home Statistics
PwC cites the following details:
- Thirty-eight percent of employees say they are able to work from home at least one day a week.
- Those employees have notably higher job satisfaction than those who are not allowed the same perk—they are 48 percent more likely to rate their job a “10” on the happiness scale, with 10 being the highest.
- Small businesses are far more flexible than larger companies when it comes to taking advantage of remote work spaces. While 86 percent of workers in large companies would like to work from home one or more days a week, only 26 percent do. By contrast, more than half of small-business workers say they work from home.
- That said, many large companies have implemented work-from-home policies within their organizations with much success—and appreciation from employees. At Microsoft, more than 40 percent of employees reported being able to work from home and 70 percent of Microsoft employees cite high job satisfaction.
- Similarly, at Cisco, where 67 percent of employees say they can telecommute or work remotely, 75 percent of employees say they are highly satisfied with their jobs.
- Not only does work-from-home flexibility boost morale, it can also drive up productivity. When the Chinese travel website Ctrip gave its call center staff the chance to work from home for nine months, it found that those who worked from home completed 13.5 percent more calls than the in-office staff did and quit at half the rate of people in the office—ultimately saving Ctrip an estimated $1,900 per employee over the nine-month period.
Since ProEdit’s transition to a 100 percent work-from-home company one year ago, I was not surprised to see that our experiences mirror those expressed in this report. While working from home is not for everyone, it certainly seems to be a great fit for our current team here at ProEdit.
Lower costs, reduced turnover, higher productivity, access to a larger talent pool, and a healthier work-life balance are just some of the benefits that our employees point to as the reasons we never, ever, ever plan to work from a traditional office again.