Press Release: October 10, 2019
Working from home has long been the dream of the Internet generation who have advocated cutting the office cord ever since the 56k modem provided a deathly slow worldwide connection. It never really took off the majority of the work force who could never truly detach from the humdrum requirements of the traditional office, where team meetings, client meetings and office gossip around the water fountain seemed to be a non-negotiable requirement.
Let's not forget the company's duty of care to their employees, where the employer is spending large sums of money just to keep their employees comfortable and safe under the letter of the law. For this reason, it seems amazing that working from home has not taken off in a big way.
Times are a-changing
As we hurtle towards 2020 the times certainly are changing. Reported by the Washington Post, the U.S. Census Bureau says more than 1 in 20 Americans now typically work from home, but this still leaves a massive 111 million people commuting solo each day. Clearly this adds up to a lot time and money spent travelling to and from work, but is there a better way to go about this?
Well, in a separate report by the Labor Department we have learned that approximately 15% of employees work at home for a full day once a week, and a 25% work from home on an irregular basis, which is not taking into account the phenomenon of Remote Working.
In a rather convoluted report by the Census Bureau entitled “median earnings by means of transportation to work" it has been proved people who take public transportation to work in the U.S. were in receipt of a higher median income. In the final analysis the report links transportation and remote working with higher incomes.
So perhaps the signs are there, that a new chapter in how we work is about to be opened?
Stuck in The Office
For those still stuck in an office situation it's estimated the average worker will waste 51% of the working day on unnecessary tasks such as;
Commuting (13%) -source Washington Post
Meetings (16 percent) - source Inc.com
Emails (23 percent) - source Forbes
When it comes to working from home there are a number of options such being a remote worker in your current company, or joining a well-established community such as Flexjobs, Glassdoor, Remote, or going it alone as an Entrepreneur. Either way it seems whatever direction is chosen it leads to a happier, healthier worker with better work/life balance. This is backed up by a survey by Early Bird where a massive 80% of remote workers found a sense of job satisfaction, and a reduction in job related stress, plus on average a $4000 boost in their income.
Working from home is not without its challenges as any home professional will tell you, but it's all about attitude. For example, here is a list of potential difficulties for anyone working for them selves
1. Easy to be distracted
2. Difficulty separating business and personal time
3. Limited human interaction
4. Stuck indoors all day “Cabin fever”
5. Office resources availability and costs
It's not all bad news because there are lots of positive points and these are the reasons people opt out of the office environment in the first place. Top perks of working from home are personal flexibility of being your own boss, additional income as more money comes in and less goes out, no wasting time and money on the commute, no office politics, minimal overheads and plenty of tax advantages.
So is working from home a viable option for you?
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