Cisco saves $277 million with telework

Cisco has figured out how to save money and keep employees happy--which is an unusual feat, in these tough economic times. It has counted more than $277 million in productivity savings by letting employees work from home by using the company's virtual office technology. That's a pretty good bottom line for a phenomenon that is growing rapidly. It is also saving Cisco's employees $10 million in fuel costs, and they are understandably very happy about this.

"Our main intent was to really evaluate the social, economic and environmental impacts associated with telecommuting," Rami Mazid, vice president of global client services and operations at Cisco, told NetworkWorld.com. "We sampled employees who have the flexibility and desire to telework to get the most up-to-date information, and the key conclusion is that employee productivity is much higher and collaboration is the same if not better when working remotely."

Cisco surveyed 2,000 employees, and nearly 70 percent cited higher productivity working from home.

For more on Cisco's success with teleworking:
- check out this NetworkWorld.com article

Related Articles:
Firms consider telework as pandemic concerns grow
Spotlight: Are you ready for a mobile workforce?
Seven sins of home office security