Website Calculates Cost Benefit of Telecommuting

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Telework CalculatorLike many people right now, you’re looking for a job. And of course the majority of those jobs are located in the city. But you don’t live in the city—the city is too expensive, so you live an hour away in the suburbs where housing is affordable.

So you have to ask yourself, “Do I really want to sit in soul-crushing traffic for an hour both ways for this job?” And more importantly, “How much is this commute going to cost me financially?”

Well perhaps you start looking for opportunities where telecommuting is an option—at least some of the time.

SEE ALSO: Working Remotely Works

It’s then that you stumble across Wallet-hub.com—a website which offers links to data and tools for users to compare products such as auto and home loans to credit card and student loans.

What interests you as a job seeker, however, is a calculator that helps workers look at the benefits of telecommuting. After plugging in the type of car you drive, the state you live in, and your commute information, you find that you could be saving a heap of cash by telecommuting just a couple of days a week—not to mention a couple tons of annual CO2 emissions.

For example, an individual who commutes to San Francisco from Fremont (where housing is far less expensive) would save approximately $9-11K and 3-4.25 tons of CO2 emissions per year, just by working from home two days a week.

In a previous post we discussed the benefits of working remotely, such as higher productivity, greater employee satisfaction, access to a wider talent pool, and minimal location-based turnover. Well, Wallet-hub tacks on a couple of big points that are certainly worth taking into consideration:

“Is teleworking a good idea? Well proponents will point to the 50 million U.S. employees who want to work from home, according to Global Workplace Analytics, as well as the mere 2.9 million who actually classify their home as their primary workplace. If we were to allow those nearly 47 million folks to curtail their commute, we’d also save 390 million gallons of gas and prevent 3.6 million tons of greenhouse gas emissions each year. That’s the equivalent of taking New York City’s workforce off the roads. Oh yeah, and we would save over $900 billion annually as well.”

So as I write this, I consider myself lucky that Bonzzu cares enough about my financial standing, as well as the planet, to allow me to do this from the comfort of my home office.


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