Making Working from Home, Work

Snow is blanketing much of the North East and schools are closed and businesses are urging many people not to commute. So maybe you, like me, are working from home today.

Maybe this is a once in a while occurrence, or maybe it’s part of your regular routine.

But it got me thinking about an article I read in the MIT Sloan Management Review titled Set Up Remote Workers to Thrive and how to make working from home work (for entrepreneurs or both employee and employer).

 

According to the article, more than 10% of the 2010 work force telecommutes from home, more than triple the levels of 2000.

Lots of forces are at play here. Better remote technology, a shift towards more freelance labor particularly in areas like IT, accounting and public relations.  I am sure there is also a rise in consultants due to the downsizing in many large corporations that also contributes to this rising trend.

The article sites some clear cost savings benefits for employers; IBM saves $100 Million a year by allowing 42% of employees to work remotely.

There are also many benefits for employees including more flexibility, lower commuting costs, and saved commuting time which presumably can be re-invested in family time.

There are also several challenges outlined;

#1 Finding the Right Work-Life Balance

#2 Overcoming Workplace Isolation