Businesses with staff still working from home can expect to make fast savings in increased productivity if they upgrade their employees’ technology.
This is based on a survey commissioned by UK IT consultancy, ILUX, which said that an IT upgrade could save £100,000 per year.
According to research from the beginning of the UK’s first lockdown, 24% of home-working Brits admitted to being less productive due to equipment provided by employers.
It is estimated that slow VPN access, alongside poorly managed systems, and a lack of IT support could equate to a loss of four to eight hours per week, ILUX revealed.
ILUX considered costs like VPN installation, equipment, maintenance and more, which was then compared to a loss of productivity.
A small company with 10 employees would have an initial equipment one-off cost of £6,610, ILUX said.
This would mean a saving of nearly £17,000 in the first year, and £23,000 each year thereafter.
Extrapolating this reasoning, companies with 100 employees could see savings of over £230,000 after the first year.
James Tilbury, managing director from ILUX, commented: “We performed this quick study as we are still, to this day, receiving calls from businesses who are struggling with remote working.
“Initially, as we were forced into lockdown, companies were using unsuitable hardware and back-office systems. Business infrastructure not suitable for the number of employees was commonplace.
“As businesses are continuing to be told to work from home if possible, the problems are persisting and after so many months, it has become apparent to business owners that their IT was not fit for purpose and is affecting their business.
“The financial results of this study really do dispel the myth that upgrading costs the earth.
“The year one figures are based on new equipment purchases for employees and new VPNs to suit the number of employees – including installation.
“Year two is where having good IT support benefits the business and can offer a lifeline for any facilities manager struggling with maintenance.”