Impacts of telecommuting on the company

Assignment Help Finance Basics
Reference no: EM132826582

There are many interesting statistics about teleworkers. In a recent year, there were 45 million teleworkers in the United States, and more than 18% of employed adult Americans telework from home during business hours at least one day per month. Fifty-seven percent of HR professionals indicate that their organizations offer some form of telecommuting. The typical teleworker works an average of 5.5 days at home per month. The average commuting distance of a teleworker when he or she is not teleworking is 18 miles. Teleworkers save an average of 53 minutes commuting each day, saving them the equivalent of one extra day of work for every nine days of commuting. Thirty-three percent of Canadians would prefer to telework over a 10% wage increase, and 43% would change jobs to an employer allowing telework. Among 20 U.S. government agencies, the average per-user cost of setting up telecommuting is $1,920. Telecommuting saves 840 million gallons of fuel annually in the United States, and telecommuting saves the equivalent of 9 to 14 billion kilowatt-hours of electricity per year-the same amount of energy used by roughly 1 million United States households every year.

Question:

-What are some of the impacts of telecommuting on the company, the worker, and the product or service? That is, what are some of the pros and cons of telecommuting on the various constituencies?

Reference no: EM132826582

Questions Cloud

Why would anyone be willing to buy such a stock : If the company's earnings and dividends are expected to decline by a constant percent per year, that is g = -4%, why would anyone be willing to buy such a stock
What the interest or effective interest rate should be : What the interest/effective interest rate should be? Interest is paid semiannually on June 30 and December 31. The bonds were issued at $117,237
Give at least 4 reasons for trade barriers : Give at least 4 reasons for trade barriers and explain how these barriers affect international trade.
How an organization could ensure team leads are exhibiting : Explain how an organization could ensure team leads are exhibiting the traits of an effective team leader. Describe at least three specific ways an organization
Impacts of telecommuting on the company : -What are some of the impacts of telecommuting on the company, the worker, and the product or service? That is, what are some of the pros and cons of telecommut
How many units were transferred-out during the period : The Finishing Department uses first-in, first-out (FIFO) process costing. How many units were transferred-out during the period
What are some aspects of our culture : What are some aspects of our culture that have facilitated the advent of telecommuting?
What improvements could be made : In a 500 word summary reflect upon your experience. Include in your summary; Your satisfaction level with your lesson plan. What improvements could be made?
Importance of setting defined and measurable efficiency : 1. Identify the seven (7) criteria should you use when evaluating alternative solutions to workplace environmental issues.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd