11:14 pm, April 18, 2015

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  • Passage of Telework Bill could save taxpayers over $15 billion a year!
    Kate Lister - TeleworkResearchNetwork
    Passage of the Telework Enhancement Act of 2010 (H.R. 1722) could save taxpayers over $15 billion a year! The staggering costs of lost productivity from federal workers during last Winter's snowstorms--estimated by the government at $71 million a day--would pay for the five year cost of a telework program for federal workers (estimated by OPM at $30 million) in just one snow day. While 61% of the federal workforce holds a telework-compatible job, less than 8% of those eligible do so on a regular basis. Using assumptions from a 2006 study by the U.S. General Services Administration (conducted by Booz Allen), our model estimates that that if those eligible employees who wanted to work from home (79% according to a recent Federal Telework Study) did so just one day a week (the level set by H.R. 1722): Agencies would: - Increase productivity by over $4.6 billion each year - equivalent to 26,000 man years of work - Save $850 million in annual real estate, electricity, and related costs - Save $2.3 billion in annual absenteeism - Save $3.1 billion in annual employee turnover Federal Employees would: - Save 2-3 weeks of time they'd otherwise spent commuting - Save $800-$2,700/year in transportation and work-related expenses - Collectively save 114 million gallons of gas / year The Nation would: - Save almost 6 million barrels and $465 million in imported oil - Reduce greenhouse gases by 1 million tons/year—the equivalent of taking 193,000 cars off the road - Reduce road travel by 2.3 billion miles/year - Reduce road congestion thereby increasing productivity for non-teleworkers as well - Save over 1,900 people from traffic-related injury or death each year and save $234 million a year in related costs. Our proprietary Telework Savings Calculator has been used by company and community leaders to model the benefits of telework. Our research has been cited by the Wall Street Journal, Washington Post, and scores of other publications. Kate Lister Principal Researcher TeleworkResearchNetwork.com
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