Analysis of Compensation and Benefits
Title: Analysis of Compensation and Benefits
Category: /Business & Economy
Details: Words: 641 | Pages: 2 (approximately 235 words/page)
Analysis of Compensation and Benefits
Category: /Business & Economy
Details: Words: 641 | Pages: 2 (approximately 235 words/page)
In the business world today telecommuting has become one of the newest and fasting growing trends. Edward Jones, Microsoft, and IBM are just a few of the country's largest employers that have decided to take advantage of the benefits of telecommuting and harvest the savings in employee recruitment and retention cost. For example, IBM announced a savings of approximately $700 million in property cost in October of 2003. This happened after IBM allowed a quarter of its 320,000
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degree of flexibility are equal for both the employee as well as the employer. The key component in retaining the top performing employees that are telecommuting is flexibility. Along with the flexibility of telecommuting many employers have reported that they get a higher level of productivity from the telecommuters. The employers state that many telecommuters will work longer hours while in the comfort of their own home and not just the typical nine to five.