Company relocation often means workers face increased commute times. As a result, employees may leave the company, or become more stressed and less productive. When companies lose a valued employee, they lose that worker's company knowledge and face the increased costs of recruitment, training, and loss of production during down time.Creating easier commuting options by implementing commuter benefits programs may be your ticket to a less costly relocation, or even avoiding relocation completely.
Check out the following success stories to see how companies used commuter benefits such as tax-free transit benefits and teleworking to resolve their company relocation issues.
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Case Studies
Summaries
Quotes
To ease the impact of relocating a portion of their workforce to a site remote from a Metrorail station, PricewaterhouseCoopers instituted a shuttle to the nearest Metrorail station and offered a tax-free transit benefit program. This proved very effective in their employee retention effort.
- "We probably saved 20 to 30 people who stayed with us because of Metrochek. It's a highly visible, low-cost benefit."
"When we relocated we lost several employees who didn't want to deal with the longer commute? Offering Metrochek and a shuttle to connect with Metrorail were critical to keep others? In the eyes of management it's an important element in what we do, how we care about our workforce. In the grand scheme of things, it's a modest amount of money compared to the value."
-PricewaterhouseCoopers
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Case Studies
Unisys Outsourcing
Unisys Outsourcing faced rapid growth, limited office space, escalating real estate costs, high turnover, a limited labor pool, and low productivity in an interruption-prone work environment. Teleworking saved Unisys Outsourcing $1 million by avoiding relocation and $1 million per year in real estate costs.
After instituting a teleworking program (with 120 participants) the company:
- Avoided relocation, saving $1 million
- Reduced space needs, saving $1 million annually
- Reduced employee absenteeism by 33%
- Increased recruitment, through an enlarged geographic labor pool
- Increased employee productivity, satisfaction and retention