How much money can you save by switching to Telework? A very simple and actual case study #telework #bluejeantime #casestudy - BlueJean Time Community - BlueJean Time

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How much money can you save by switching to Telework? A very simple and actual case study #telework #bluejeantime #casestudy
Created by Solomon Thompson Jr Tue May 28 03:23:35 EDT 2013
<h1> Does he look happy?</h1> <p><br /> <img src="https://twiki.bluecollarobjects.com/pub/Main/BlueJeanTimePics/SolomonThompsonHeadShot.jpg" alt="SolomonThompsonHeadShot.jpg" width="375'" height="300" /></p> <p>Telework is an approach for a company's employees working together where the employees work from remote locations -  which could be their home or somewhere outside of the office.  The drivers for this approach have historically been addressing horrendous commutes due to traffic, a component of a company's disaster recovery, or more recently a strategy for cost savings.</p> <p>What we've found is that, for us, being extreme about telework, meaning having employees get together only for social or HR reasons, has enabled huge savings in office space cost and travel.  Below, we've documented the specifics of these savings. </p> <p>These numbers are ballpark approximations based upon our company data.  We are using real data from our company (<a href="http://www.bluecollarobjects.com/" target="_blank">Blue Collar Objects</a>) because it is concrete and the numbers are conservative.  The savings realized went straight to the bottom line.</p> <p>Traditional approach (year 2005)</p> <ul> <li>approximately 40 employees</li> <li>approximately 10K square feet office space</li> <li>approximately $20K/month lease cost -> $250K per year cost</li> </ul> <p>Telework/BlueJean Time approach (starting year 2011)</p> <ul> <li>approximately 40 employees</li> <li>approximately 1k square feet office space</li> <li>approximately $2K/month lease cost -> $25K per year cost </li> </ul> <p> <strong>Savings -> approximately $225,000 per year</strong></p> <p>There are other articles which describe how we executed the change to realize the above savings.  The changes were largely in technology, processes and attitudes... all bundled up into this thing called Culture.  Find related articles on the technology and the methods by using <strong>#bluejeantime</strong> in a <a href="BlueJeanController.do?delegate=ForumsWorklistController&resetSearchCriteria=true&appName=Connect&placeId=E!Xcd5570376ad7e1b1" target="_blank">topic search (click here)</a>.</p> <p> </p> <p> </p> <p> </p>


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Helga Schoeman
Jul 16, 2013 10:29 AM

Solomon Thompson Jr
Jul 16, 2013 8:51 AM

Keith Wancowicz
Jun 04, 2013 10:45 AM

Novita Sulistio
Jun 01, 2013 1:39 PM

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