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In this article, I want to explore the true purpose of business beyond the bottom line. I will
discuss the traditional view of business and how those businesses are changing due to the
current workforce. As a business professional, I have always been fascinated by the concept
of purpose. If the purpose of business is ultimately to make money, then how do we build
the most efficacious model?

The Traditional View of the Purpose of Business

For many years, the traditional view of business has been that its purpose is to maximize
profits and shareholder value. This approach is often referred to as the “shareholder
primacy” model. The focus is on financial performance and growth, with little regard for the
impact on other stakeholders, such as employees, customers and their suppliers. The point
of this blog is to demonstrate that there is absolutely nothing wrong with providing profits
to the Stakeholders whom have invested in these companies. However, getting there is the
trick.

Changing Workforce

Today, millenniums or “Generation Zers” are setting the tone of the workforce. As a longtime business owner, even I have to adapt to the new method of workforce if I want to
increase profits or turn one at all. There can be no ego in business. Egos have cost many
really reputable businesses to fail.

If I want the best doctor to perform the necessary procedures on me to fix and ailment, I
have to wait until he or she is available. If I want the best resource in any particular topic,
we have been accustomed to wait for it. So, adapting to the new workforce, no matter what
school of thought you deploy becomes paramount to increasing profits, So, who are these
people?

Who is Gen Z?

Gen Z is one of the main drivers of change in today’s workplace. Defined as the generation of
individuals born between 1997 and 2012 (who in 2023 are between the ages of 10 and 25),
Gen Z grew up with smartphones and social media, along with the associated conveniences
and pitfalls. They are often the trendsetters, the trend-enders, the influenced, and the
influential. These new work warriors embrace technology and are much more productive in
the sense they can produce more usable data that solves problems. Since data is a derivative
of technology, the Gen Zers want to be employed by companies that see technology as a tool
and not a cost of doing business. They also want to be allowed to work anywhere, anytime.

Adapting to Today’s Workforce Culture

Every business, established or startup follows a prepared business plan. This business plan
has one primary goal….To turn a profit as soon as possible. Investors will never back a
company or venture that will lose money, even if they provide the most generous of
intangibles. The Stakeholder becomes the most important cog in the machine under this
model, as they should be. Or should they? I have always placed the employees first in an
organization. I have never seen a company make a person great but I have seen, many,
many times whereas individuals make companies great.

These teams are a collection of traditional workforce individuals, millenniums and Gen Z
staffs. Accommodating each of these is tantamount to motivating each individual child you
have. Each child is motivated differently. Therefore, you must adapt to every child’s
learning method to achieve maximum success. There is nothing different when dealing with
such a diverse workforce. The purpose of business may be to make money, but it is of course not a linear journey.

Encourage Employee Logic when Dealing with Customers

Going the extra mile to right a wrong or prevent one from happening leads to profitability.
Today’s culture has gotten away from making the customer happy, even if it doesn’t cost
anything to do so. For example: Southwest Airlines allows their customers to check two
bags under fifty (50) pounds for free while every other airline charges for each individual
bag, including carry on bags. Southwest figured out that allowing two free checked bags
was a way to set them apart from other airlines without costing them another penny. Other
airlines see the charging of bags to make more money, even when it cost them nothing to
accommodate two bags for free.

Southwest and other companies that have gained customer loyalty have done so by
empowering their employees to make decisions by deploying logic. I can think of many
companies that forego logic for profitability and fail to gain any customer loyalty due to
their short-sided view of profitability.

Making Employees Happy Will Increase Profits

Want to increase profits? Want to harbor an environment where the most qualified
individuals will flock for open positions? Find creative ways to appeal to your employees.
What tools or policies is your company deploying to accommodate the lifestyles of your
employees? If you can add a benefit or two without increasing cost or minimizing cost in
order to maximize employee loyalty, why wouldn’t you? Trusting employees to get the job
done, no matter where they do their work each day is one such benefit. Accommodating the
daily tasks of an employee’s life while making them productive to the company should be
the ultimate goal. An employee that has flexibility to get personal obligations done will
build loyalty from them.

A Technology Solution to be Considered

The first thought of sending employees home to work shouldn’t come with the automatic
thought that they employee is not going to work as hard. In fact, studies have shown those
employees will work harder and longer and be more productive because they love having a
job with flexibility. Therefore, the benefit costs the company nothing and in fact lowers
costs associated with real estate, IT and other real costs.

HomeWerx is a company that provides all the tools necessary for those employees to work
from home. The HomeWerx “Office as a Service” operates as a subscription-based service
that provides all the computing power and tools an employee needs to complete daily tasks,
all the office furniture including height adjustable, dry erase desks from a major
manufacturer, ergonomic chairs and 365, 24/7 technical assistance.

The HomeWerx service will reduce the cost necessary to provide your employees to do their job by over 70% of what it costs organizations today. The HomeWerx “Home Office suite” is the most secure technology on the market today and includes professional enhancements such as noise
cancelling technology that eliminates those home-grown noises, we all wished our clients
and co-workers didn’t hear while on teleconference calls. Dogs barking, door bells ringing,
kids shouting etc. are all eliminated with the HomeWerx service.

For more information, visit HomeWerx LLC and click the 3:29 animated demo or contact HomeWerx to discuss your company’s needs, and check out another one of our blogs on the important advantages and disadvantages to consider in a work-from-home model.

As a professional who has been working remotely for years, I have seen the benefits of the work-from-home model firsthand. However, with the current pandemic forcing many companies to adopt this model, it has become apparent that remote work is not just a temporary solution, but the new normal. In this article, we will explore the advantages of the work-from-home model for businesses, successful case studies, key components of a successful work-from-home model, and best practices for managing remote teams.

Business Continuity Planning and the Work-from-Home Model

The COVID-19 pandemic has forced businesses around the world to adopt remote work as a way to maintain business continuity and protect their employees’ health. However, even before the pandemic, the work-from-home model was gaining popularity due to the numerous benefits it offers to businesses.

One of the main reasons why the work-from-home model is becoming the new normal is that it allows companies to save on overhead costs, such as office rent, utilities, and office supplies. Additionally, remote work can help reduce employee turnover and increase productivity by allowing employees to work in a comfortable and familiar environment.

The pandemic has proven that today’s corporations need to be nimble and quick on their feet when it comes to adapting to it. When the U.S. Government required companies to deploy social distancing in the workplace, companies that nimble and acted quickly sprung into action and deployed a remote work force.  Although this trend has continued, many companies are requesting that their workforce report back into the office each day. They cite some advantages, which may be true for their particular organization.

But……What happens if another pandemic or other socially charged event were to occur in the US? Would these companies be in a position to adapt quickly to a workforce that had little to no downtime in production?

Through the years, corporations have spent billions of dollars on Business Continuity or Disaster Recovery Plans.  These “insurance” policies have processes built in to show stakeholders and clients that their business would continue to operate in the event of one of these work interruptions.

Work-from-Home Model as a Business Continuity Tool

The work-from-home model, also known as telecommuting, is a key component of business continuity planning. In the event of a disaster, such as a pandemic, natural disaster or other event such what is going on in Ukraine currently, a work-from-home model allows businesses to continue their operations without disruption. Additionally, remote work can help reduce the risk of spreading illness in the workplace.

Time Magazine reported that over 200,000 software developers working in Ukraine were able to continue their work, despite the war that rages in their country.  These developers are part of the Remote Work Revolution and jus as productive as anyone else in any other country.

Access to Technology

Remote workers need access to reliable technology, including high-speed internet, laptops, and software tools to perform their work. Corporations have tasked IT Departments to deploy this technology and maintain it, either in a full time work from home model or in a hybrid model. This is more expensive due to the fact that these organizations have to maintain a footprint in the corporate office space.Use our calculator to see how much your company can save today: Remote Work Calculator

The Solution

HomeWerx, is a company that offers a complete “home office” that includes height adjustable, dry erase desks from Herman Miller, ergonomic chairs, all the computing technology needed and 24-hour technical support, all comprised under a subscription based model, making it an expense item and comporting to IRS tax rules immediately.  The HomeWerx solution offers the highest security available with thin-client technology and noise cancelling technology that increases the professional image of an employee working from home. To find out more, schedule a demo at www.homewerx.io or by calling (877) THE WERX (843-9379), Option #2 for sales.

As someone who has been working remotely for a while now, I can attest to the many benefits that come with it. Remote work has become increasingly popular in recent years, and for good reason. Not only does it allow for more flexibility and work-life balance, but it can also have a positive impact on trust and loyalty in the workplace. In this article, we’ll explore the benefits for both employees and employers, and how it can help build trust and loyalty in the workplace.

Benefits of Remote Work for Employees

One of the most obvious benefits is the flexibility it allows. Without the need to commute to an office, remote workers can better manage their time and create a schedule that works for them. This can lead to better work-life balance and less stress. Working remotely also allows for more freedom in terms of location. As long as there is an internet connection, remote workers can work from anywhere in the world. This can be especially helpful for those who live in areas with limited job opportunities.

Without the need to commute to an office, remote workers can save money on gas, parking, and other expenses. Additionally, many remote jobs offer the option to work from home, which can further reduce costs associated with childcare or pet care.

A work-from-home model can also have a positive impact on productivity. Without the distractions of a traditional office environment, remote workers can often get more done in less time. This can lead to a sense of accomplishment and job satisfaction, which can in turn increase employee loyalty.

Benefits of Remote Work for Employers

While remote work can be beneficial for employees, it can also be a boon for employers. One of the biggest benefits is the potential cost savings. Without the need for a physical office space, employers can save money on rent, utilities, and other expenses. Additionally, remote work can allow for a wider pool of potential employees, as location is no longer a limiting factor.

Remote work can also lead to increased productivity. Without the distractions of a traditional office environment, remote workers can often get more done in less time. This can lead to a more efficient workforce and higher profits for the company.

Another benefit of remote work is the potential for increased diversity and inclusion. By allowing for remote work, employers can tap into a wider range of talent, regardless of location or physical ability. This can lead to a more diverse workforce, which can bring new ideas and perspectives to the company.

Remote Work and Trust in the Workplace

One of the most surprising benefits is its potential to build trust in the workplace. Without the need for constant supervision, remote workers are often given more autonomy and trust from their employers. This can lead to a sense of empowerment and responsibility, which can in turn lead to increased loyalty and commitment to the company.

Remote work can also lead to increased communication and collaboration. With the use of video conferencing and other digital tools, remote workers can stay connected and engaged with their colleagues, even from afar. This can lead to stronger relationships and a greater sense of teamwork, which can further increase trust and loyalty.

Remote Work and Loyalty in the Workplace

Another surprising benefit is its potential to increase employee loyalty. By offering the flexibility of remote work, employers can show that they trust and value their employees. This can lead to a greater sense of job satisfaction and commitment to the company, with increased opportunities for professional development. Without the need for a physical office, remote workers can attend virtual conferences, take online courses, and engage in other forms of professional development without the need for travel or time off. This can help employees feel more invested in their jobs and more loyal to the company.

Remote Work and Work-Life Balance

Work-life balance is becoming increasingly important for many employees. By offering the flexibility of remote work, employers can help their employees achieve a better balance between their work and personal lives. This can lead to less stress, better mental health, and increased job satisfaction.

With the ability to work from anywhere, remote workers can create a schedule that works for them and their personal needs. This can lead to a greater sense of control over one’s work and personal life, which can in turn increase loyalty and commitment to the company.

Remote Work and Talent Acquisition

In today’s competitive job market, offering remote work can be a powerful tool for attracting and retaining top talent. By offering this flexibility and freedom, employers can show that they value their employees and are willing to invest in their well-being. This can be especially attractive to younger workers, who place a high value on work-life balance and flexibility.

Remote work can also help employers tap into a wider pool of potential employees. By allowing for remote work, employers can recruit talent from anywhere in the world, regardless of location or physical ability. This can lead to a more diverse and talented workforce, which can bring new ideas and perspectives to the company.

The Benefits of Having Loyal, Happy, and Efficient Employees

Having loyal, happy, and efficient employees can have a significant impact on a company’s bottom line. These employees are more likely to be productive, innovative, and committed to the company’s goals. They are also more likely to stay with the company for the long term, reducing turnover and associated costs.

Remote work can lead to increased trust and communication, better work-life balance, and a greater sense of professional development. All of these factors can contribute to a more engaged and committed workforce, which can in turn lead to increased profits and success for the company.

Safety of Employees

Today’s work environment has proven to be unsettled. There is more violence in the workplace today than ever before. With this touchy subject being a taboo topic in many professional circles, it is one that needs to be considered. It is uncontroverted that working from home is far safer to employees than the alternative.

Conclusion: Why Remote Work is the Future of Work

The work-from-home model has many benefits for both employees and employers. It can lead to cost savings, increased productivity, and a more diverse and talented workforce. But perhaps the most surprising benefit of remote work is its potential to build trust and loyalty in the workplace. By offering the flexibility and freedom of remote work, employers can show that they value their employees and are willing to invest in their well-being. This can lead to a more engaged, committed, and loyal workforce, which can in turn lead to increased profits and success for the company. As such, remote work is the future of work, and employers who embrace it will be better positioned for success in the years to come.

CTA

Looking to offer remote jobs or start working remotely yourself? HomeWerx is a company that offers a complete home office work environment for corporate employees. We are the world’s first “Office as a Service” made available to corporations, offering a complete in-home office including all the computing technology, height adjustable, dry erase desk units and office chairs with 24-hour technical support. Our solution is the most secure technology on the market today using thin-client technology and comes with noise cancelling technology that enhances the professional look of an at home employee. All this is structured under a subscription based model that reduces IT costs up to 70%.

Visit our savings calculator to learn how HomeWerx can assist your organization in providing your Remote employees with everything they need to accomplish daily tasks.

In recent years, remote work has become increasingly popular among employees and employers alike. Thanks to advancements in technology, it is now possible to work from anywhere in the world, as long as you have an internet connection. This has led to what many are calling a “remote work revolution”, with more and more companies embracing the benefits of a remote workforce. But while there are certainly advantages to working remotely, there are also some potential disadvantages that you need to consider. In this article, we’ll take a closer look at the pros and cons of remote work, so you can decide whether it’s the right option for you. Whether you’re a business owner considering a remote team or an employee looking to make the switch to remote work, this article will provide you with valuable insights to help you make an informed decision. So, let’s dive in and explore the remote work revolution!

 

Advantages of Remote Work

Increased Productivity

One of the most significant advantages of remote work is increased productivity. When you work remotely, you have more control over your environment, which means you can create an environment that helps you focus and stay productive. For example, you can choose to work in a quiet, distraction-free space, which can help you stay focused on your work. Additionally, remote workers often have more flexibility in terms of their work hours, which means they can work during their most productive hours, rather than being forced to work during traditional office hours. Remote work also eliminates many of the distractions that come with working in a traditional office environment. For example, you don’t have to deal with interruptions from colleagues or the noise of a busy office. This can help you stay focused on your tasks and be more productive overall.

 

Employee Cost Savings

Another significant advantage of remote work is cost savings. When you work remotely, you don’t have to worry about the costs associated with commuting to and from an office. This can include things like gas, tolls, and parking fees. Additionally, you don’t have to worry about the costs associated with buying lunch or coffee each day, as you can prepare your meals at home. Overall, working remotely can help you save a significant amount of money on a daily basis. For employers, remote work can also help save money on things like office space and utilities. Instead of having to rent or own a physical office space, employers can allow their employees to work remotely, which can save a significant amount of money in the long run.

 

Company Cost Savings

Of course, cost savings to the corporations far outweigh that of the employee. The biggest costs being the office space needed to house an employee-ranges from $9000-$25,000 per year depending on location. When other costs such as lowered HR claim costs, Office insurance costs, utility and other costs stack up significantly. There is a company called HomeWerx (www.homewerx.io) that provides all the necessary tools an employee needs to work from home under a subscription fee model. HomeWerx offering delivers all the computing devices, software such as Microsoft Office 365, Zoom Teleconferencing, etc., height adjustable, dry erase office desks and chairs from Herman Miller, noise cancellation technology and other peripherals and 365/24- hour technical support to assist end users with password resets, application help, etc. This model reduces the cost of what a corporation could provide at an estimated 70%.

 

Safety Factor

One topic of discussion rarely discussed in the Remote Work Revolution model is the safety of employees. Today, it is difficult to feel 100% safe in any work environment. The climate has changed in and the world has become violent, particularly disgruntled employees that seem to take action upon an organization that they feel has wronged them in some fashion. Employees feel safer working from home and in an environment they can control much easier than that of a corporate office. Every employee has the right to feel they are safe. Working from the comfort of their homes ensures their safety and contributes to their productivity.

 

Flexibility and Work-Life Balance

Remote work also offers a great deal of flexibility and work-life balance. When you work remotely, you have more control over your schedule, which means you can create a work schedule that fits your lifestyle. For example, if you have children, you can work around their schedules, which can be especially helpful during the summer months or school breaks. Additionally, remote work can help you find a better work-life balance. When you work remotely, you don’t have to worry about the stress that comes with commuting to and from work each day. This can help you feel more relaxed and focused, which can improve your overall well-being.

 

Disadvantages of Remote Work

Isolation and Loneliness

One of the potential disadvantages of remote work is isolation and loneliness. When you work remotely, you don’t have the same opportunities to interact with colleagues and build relationships that you would have in a traditional office environment. This can be especially challenging for people who thrive on social interaction and find it difficult to work alone. To combat this, remote workers can make an effort to stay connected with colleagues through video chats, instant messaging, or other forms of communication. Additionally, remote workers can seek out networking opportunities through professional organizations or attend conferences and events to build relationships with others in their field.

 

Difficulty Communicating and Collaborating

Another potential disadvantage of remote work is difficulty communicating and collaborating with colleagues. When you work remotely, you don’t have the same opportunities for face-to-face communication, which can make it challenging to collaborate effectively on projects or communicate important information. To overcome this, remote workers can make an effort to communicate regularly with colleagues through email, instant messaging, or video chats. Additionally, remote workers can use collaborative tools like Asana or Trello to manage projects and keep everyone on the same page.

 

Distractions and Lack of Structure

Finally, remote work can also come with distractions and a lack of structure. When you work from home, it can be challenging to stay focused on your work, especially if you have other responsibilities, such as caring for children or pets. To combat this, remote workers can create a dedicated workspace that is free from distractions. Additionally, remote workers can create a routine and stick to a schedule that helps them stay focused and productive.

 

Tips for Successful Remote Work

If you’re considering remote work or are already working remotely, there are several tips you can follow to ensure your success:

· Create a dedicated workspace that is free from distractions.

· Stick to a routine and schedule that helps you stay focused and productive.

· Communicate regularly with colleagues through email, instant messaging, or video chats.

· Use collaborative tools like Asana or Trello to manage projects and keep everyone on the same page.

· Make an effort to stay connected with colleagues through networking opportunities or professional organizations.

· Take breaks throughout the day to avoid burnout and maintain your well-being.

 

Conclusion and Final Thoughts on Remote Work Revolution

In conclusion, remote work offers several advantages, including increased productivity, cost savings, and flexibility. However, it also comes with potential disadvantages, such as isolation and difficulty communicating and collaborating with colleagues. By following the tips outlined in this article, you can overcome these challenges and succeed in a remote work environment. Whether you’re a business owner considering a remote team or an employee looking to make the switch to remote work, it’s important to weigh the pros and cons carefully and make an informed decision that works for you. The remote work revolution is here to stay, and by embracing the benefits and overcoming the challenges, you can be part of it too.

 

Solution

If you would like to explore solutions and service offerings that provide a complete Work from Home Office Solution and cut IT costs of employees working from home, visit HomeWerx on the web at www.homewerx.io, then contact them to discuss how they can assist your organization in cutting IT cost significantly while providing everything your employees need to complete daily work tasks while enjoying the benefits of the Remote Work Revolution.

I’ve noticed through my marketing efforts for HomeWerx that even though HomeWerx is a much needed and viable option to the traditional method of providing a company’s workforce with the things an employee needs to complete daily tasks, that there are many executives that I have reached out to that have closed minds to any idea of improving processes within their company that in turn increase productivity and ultimately profitability.

One of the tools I use to contact prospective clients is LinkedIn. In my message, I present what HomeWerx does, its uniqueness and how it solves the problem of providing for the “work from home” employee. Often the message I have returned to me is “no thanks” without even having heard the first thing about what we offer.

This got me thinking….What kind of a leadership style do you have? Are you a leader that believes they have the solution to every problem? Are you open minded to workable solutions that you haven’t explored before? If you are not open to anything that could solve a particular problem or improve the workplace ultimately leading to happier, more productive employees and improved profits, then this article is for you….

Think about the current partnerships you have in your organization today. Companies that provide you with the things your company needs to provide your goods and services to your client base. How did you come to do business with them? Did you simply buy their products without any demonstration, explanation, or analysis on what they could do to solve a particular problem? Any company that would choose such a company or solution in that manner would be failing their fiduciary responsibilities to the organization. Well, the opposite is true as well. Think about the first time one of today’s large organizations burst into the market. Amazon, Apple, Microsoft, Tesla, and Google were not household names when they formed but look at the success they have had since then. Why? Because they have solutions that their markets need to be successful.

Through the course of the years, we have faced many changes in the marketplace. Y2K, The housing bubble burst, the Affordable Healthcare Act, aka Obamacare and now the Covid-19 pandemic. All these tough times have also opened up opportunities for others. Covid-19 forced many corporations of all sizes to send their workforce home or else face economic disaster. The companies that were quick to form a solution to this need are the ones flourishing now. Zoom is the best example I can give right now. As a result of Zoom’s success, teleconferencing meetings are more common than ever and will continue to grow into the future. Yet many companies that refused to utilize teleconferencing in the past now rely heavily on it and have learned that this method of communication is not only safe for everyone, but it is effective and far less expensive and much more flexible than gathering multiple participants together for traditional meeting settings.

When companies reach out to me to pitch their products or services, I am quick to listen. I want to know if they have a solution that I am in need of. They believe they have a product that can do such a thing or otherwise they wouldn’t reach out. Much like a pain or illness I have when I go to the doctor. I don’t know what the solution or treatment is. I am not a doctor. So, when the doctor prescribes me medication that heals me or offers a treatment regimen to cure my pain, I am all ears. You should take the same approach when it comes to your business. Maybe the solution to the problem you are trying to solve exists.

So, the next time you are contacted by someone that is offering a solution that you may be experiencing, why not allow them a few minutes to explain their product or service before discarding them in short order with a “no thanks”, “ not interested” or my favorite, “take me off your call list”. I am fairly sure that when you began your employment with your company, you vowed to be fiduciarily responsible and look at all options to improve the bottom line. We owe it to each of us to be a good corporate and kind citizen.

John Lee
Founder- HomeWerx, LLC

Elon Musk, whom I am a big fan, was recently in the news, seemingly at odds with employees that wanted to continue to work from home. As smart as Elon Musk is, I am questioning whether he really feels that employees working from home are not working, less productive or otherwise cheating the company somehow or is he attempting to “weed out” individuals within the workforce.

I question this because the basic principle of leadership is to get the most out of each employee in the matter of production. Americans have forgotten that the idea behind working is to produce as much as possible. Isn’t it? If you agree, then hear me out when I tell you that the “work from home employee” is the best option in determining a company’s workforce.

Here’s why….

Flexibility

Today, workers want the flexibility to work whenever and wherever they wish. With a “work from home” option, employees can work all hours of the day and extend the work week into the weekend if necessary. Corporate employees could accomplish personal weekly tasks such as doctor appointments, school functions, etc. in this environment without having to request time off from their employer.

Childcare

The cost of childcare continues to increase across the country. Like any other industry, daycare facilities are struggling to find qualified employees to accommodate childcare for parents too young to attend school that have to shove off to an office each morning for work. Working from home gives the employee more flexibility to forego daycare type options and manage the care of the child from inside their own home.

Employee fears being called back into an Office Environment.

Employees love the flexibility of working from home and consider it a privilege. These employees fear being called back into the office if management feels the home office employee concept is unproductive as a whole or they are afraid their employment will be terminated. As a result, the home office employee will tend to be more productive, not less.

Most Qualified Talent and Recruiting

Post pandemic, corporations are struggling to find the most qualified talent to hire. Today, it is the employee that has the upper hand when it comes to choosing the company to work for. To get the most talented candidates, more and more corporations must offer a “work from home” option.

Future Pandemics

Covid-19 showed us that we can adapt to disastrous conditions when we need to. Home office work environments present less threats to everyone by being somewhat “quarantined” from the rest of the workforce when there is illness abound. Should there be another round of some sort of pandemic, or the Covid-19 virus revisit our communities, a work from home office solution such as what HomeWerx provides is the perfect solution to a very serious problem.

Cost

It only makes sense that it cost less to have an employee work from home than in a corporate environment. Real Estate space is the biggest cost. Office space is expensive. In one model done by HomeWerx, it costs $30,000 annually to provide a desk for a corporate employee. This includes the space itself, insurance, parking, higher rates for workers compensation and other factors. The same space it takes to work from the employee’s home is not factored into the corporation’s cost. One large cost factor that most companies have not considered when they foster a on premise in office work force is the cost of HR claims. These claims range from $30,000 to $1.2M depending on the severity. Companies that sent their workforce back into their homes to work saw a dramatic decrease in these types of claims. This cost is often overlooked but is indeed a significant cost to consider.

Productivity

The idea of working in America has not changed. The end goal is to get as much production from an employee as possible to improve the profitability of any given company. Companies sometimes forget this and seek to be what I call “kingdom builders”. Growing headcount and laying down the edict to come into an office so these “ kingdom builders” can lay eyes on their employees to boast their own egos are common in the workplace. This does not contribute to the bottom line of these companies. Studies have shown employees that are happy are more productive.

When the Covid-19 pandemic began, Google was the first company to send employees home to a home office environment. From March 2020 to January 2022 Google’s revenue grew from 39B to 64B dollars. In April of 2022, Google required these same employees to return to the office. The next day, over 30% of Google’s workforce quit. The reasons ranged from childcare costs to simply the preference to continue to work from home.

These factors should all be considered when choosing the type of workforce corporations want to deploy. Flexibility is never a bad thing, and it should be offered whenever possible to everyone in a given organization to help maintain positive moral and companies looking for a boost in profits…

John Lee
Founder- HomeWerx, LLC