Many companies offer a way for their employees to work remotely. Today, more than 11 million Americans are telecommuters. They work outside the office one or more days a week. For more information, go to teleworkva.org.
In 2011, the Virginia General Assembly approved new tax credit legislation aimed at encouraging private sector telework in Virginia. The 2011 legislation authorized a tax credit for years 2012 and 2013. In 2012, new legislation extended the tax credit through 2016. For more information, go to teleworkva.org.
Benefits to Employers
- Increased employee productivity
- Savings in real estate costs due to reduced need for office and parking space
- Decreased absenteeism
Benefits to Employees
- No commute times
- Less stress
- Save money on parking and wardrobe
- Flexible work schedule
- Improved quality of life
- Reduces traffic congestion
- Improves air quality