Work from home helps cut expenses

Press Trust of India

Posted: Monday, May 18, 2009 at 0834 hrs IST
Updated: Monday, May 18, 2009 at 0834 hrs IST


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London: The financial crisis seems to be literally keeping many UK employees away from their office, with a majority of them opting to work from home to cut down expenses.

A survey showed that over 55% of the employees are working from home more often, primarily to save money. “Over half (55%) of employees are working from home more often since the financial crisis began...”

“The need to save money is the main reason for the majority (88%) of respondents to now conduct their working day from the comfort of their living room, bedroom or garden shed,” a survey by telecommunications firm British Telecom found.

According to the survey conducted by online recruitment connection service, Remote Employment, for BT said nearly 60% of respondents felt they were financially better off, working from home.

“... remote working is helping staff stay out of red, with nearly two-thirds (60 %) citing they are financially better off because they have the flexibility to work from home.

“Nearly half of respondents believe they save a significant 10-20 pounds per day on travel by working from home, with many confirming additional savings from not having to buy lunch and refreshments,” the report said.

Over 250 people were surveyed for the report. Moreover, about 83% of the people said working from home is also eliminating the costs associated with “having to look the part for the office”.

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