Analysis of Compensation and Benefits

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 employees to work from home (Walmesly). The advantages of telecommuting are numerous. For instance, waking up 20 or…