WORK AT HOME - Is it a Job or Business?

Wednesday, December 03, 2008 12:00:00 AM

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You need some extra money each month and you're thinking of starting a new business. You know deep down that you have what it takes to do almost anything. But you're torn. You're not sure you have the time to undertake a home business. The financial investment, the time investment...is it feasible? But one thing's for sure--you know that you have the talent and ability to sink your teeth into something. But what?

Fifteen percent of the workforce teleworks at least one day a week, according to a recent study from the Employment Policy Foundation (EPF), a Washington, D.C.-based think tank. While 30 percent of those working from home weekly were self-employed, 17 percent, or 3.4 million, worked at home for an employer.

Even though the employee is often thought to be the prime beneficiary of a telework arrangement, the study, released by EPF's Center for Work and Family Balance, found that employers benefit from some teleworkers' increased productivity.

Forty percent of teleworkers reported an increase in productivity over office-based work, and another 30 percent of teleworkers reported equal productivity with the office environment. EPF noted that telework can reduce absenteeism and turnover, partly because employees with telework arrangements may be more satisfied with their job. Telework:

Part of the Work-Life Balance Equation reported that employer benefits from telework include expanded pools of potential workers, including the disabled and those caring for young or elderly relatives.

Eighty percent of those who work from home use a computer to do so. Four out of five workers who regularly performed telework worked in managerial, professional or sales jobs. Almost 30 percent of managers and professionals said they performed telework.

Employees in manufacturing environments were far less likely to report participating in telework--only 2.2 percent of operators, fabricators and laborers reported working from home more than once a week.

Telecommuting Resource Center Telecommuting has long been the preferred way to earn a living for those who like to set their own hours and be their own boss, mothers of young children, anyone who thinks commuting is a waste of time, and those who like to avoid office politics. Recently, however, the popularity of telecommuting employment has soared.

Newspapers around the world are publishing stories on how the telecommuter can succeed at home, and reporting on employee actions to promote telecommuting, and companies that are leading the telework movement. 

Jobs include medical transcription, billing and coding; photography, writing, paralegal, computer programming, web and graphic design, marketing and data entry - just to name a few.


 

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