As the coronavirus (COVID-19) was declared a pandemic, businesses across the globe shut down their offices and transitioned their employees to remote work. Let’s dive right in. But even before COVID-19 became a factor, increasing numbers of … Research also suggests companies that encourage and support a work-from-home protocol actually save money in the long run—an added bonus on the employer side. TIME magazine has even dubbed this the “the world’s largest work from home experiment.” While employees hunker down in their newly-thrown-together home offices, one thing we might see from COVID-19 is how remote work can be … In the summer, however, working from home makes environmental sense because consumption of energy is far lower than in the winter. The cost of labor may be higher, but companies save on shipping. As you might imagine, the biggest way that telecommuting can save you money is in commuting costs. We do what we have to do to succeed at work, but how many people know how much they spend commuting to and from their job every day? 19. This doesn’t mean that they feel no stress, but a reduction in worry is still a very big benefit of remote work. Companies With Work-From-Home Jobs. The work-from-home job force just got a big push from the current global coronavirus pandemic. Instead of driving, and spending money on gasoline, you can save when you work from home. While working from home is not without start up costs, many of those costs can be defrayed by the savings that working from home brings. And don’t worry, we do our homework on companies before sharing them with our readers by vetting them thoroughly. Jennifer Parris is the Career Writer for FlexJobs, an award-winning service that helps job-seekers find professional opportunities that offer work flexibility, such as telecommuting, freelance, part-time or alternative schedules . Save There are a whole host of benefits to home working Credit: Getty ... B y having employees who work from home, companies can hire the best talent regardless of who or where they are. (Source) US work from home statistics like these vary depending on the state and the city you live in. Even if you only telecommute part time, you may save some money. Still, you could save a significant amount of money by going remote. Jan 04, 2019 by Dustin Smith in Trends, Mobility. Several major tech companies, including Google and Facebook, have extended their WFH policy into 2021 . 12. How Much Does It Cost to Manufacture Overseas Versus at Home? These companies are working from home until 2021 -- or forever. Spoiler alert: The average person can save about $4,000 per year by working remotely. When people talk about the benefits of working from home, they usually focus on how it helps employees. Work from home vs. in-office productivity: Who wins? What do I need to work at home during the coronavirus ... working from home is thou shalt not lose thy work. Employees will work longer on a day-to-day basis. 5. Sure, everyone is talking about remote work and flextime now, but at every point in human history, there has been some version of “working from home.” The coronavirus pandemic has forced many companies to embrace work-from-home solutions. Employees, particularly younger ones, will miss the lack of social interactions. Adobe. In 2015, companies managed to save $44 billion by letting their employees work remotely. And though you’re probably aware that you’re saving money by working from home (no parking fees, for example), have you sat down to figure out exactly how much you’re saving? Additionally, employees who work from home are statistically far less likely to quit. With more people now working from home, employers are increasingly relying on tracking software to monitor what employees do when they're on the clock. 1. According to these working from home statistics, each employer saves an average of $11,000 per year. Clearly, right now many firms have closed workplaces (again) and that means across the UK millions of staff are temporarily required to work from home, even if it's just for part of the week. According to our data, knowledge workers, software developers, and IT professionals are all more productive when they work from home.This was true both at small and medium businesses and large companies (over 500 employees). Working from home may mean the easiest commute of your life and a home-cooked lunch every day, but that doesn’t mean it’s without its challenges, especially with the … Not only does working from home help slow the spread of disease, but some employers may have realized that they can save money on real estate and utilities by not needing as much … Your total amount will vary based on where you live and the choices you make. 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