Telecommuting Calculator
This calculator will help you evaluate the potential cost-savings of a telecommuting plan, which are usually dictated by office space costs. Other benefits, such as employee morale, are much harder to measure.
The purpose of this telecommuting calculator is to provide a quick approximation of
your savings opportunity with telecommuting. It is based on a business model where
employees who previously worked at your facility now work at home on a full-time basis,
with only occasional visits.
The primary savings opportunity with telecommuting is the cost of space. Unless you
can save at least 2,000 square feet (which equates to 8 – 12 employees), a
telecommuting initiative won’t provide any substantial financial benefits. This is
because 2,000 square feet is the smallest parcel that can be easily sublet to another
company.
Programs that permit limited telecommuting, e.g. 1-2 days per week, fall into the
same category. They can improve employees’ quality of life, boost morale and help with
retention, but they won’t make an impact on the departmental budget.
The attached ZIP file includes:
- Intro Page.doc
- Telecommuting2eco.xls
- Telecommuting2eco.ods