Work-life balance coverage from CNBC
CNBC’s Rob Reuteman cites Meeting of the Minds co-founder Gordon Feller in his new article, Companies Embrace Telecommuting as a Retention Tool.
Cisco Systems, with 65,000 employees in 92 countries, has saved $1 billion in the past 2.5 years through video conferencing, but the real payoff is retention, says Gordon Feller, a director with the company’s Internet Business Solutions Group.
“But for us, the primary driver for a remote workforce is to retain and attract talent, and keep that talent fulfilled and creative,” he says. “It’s a lot easier to increase happiness and productivity than to add another employee.”