Basically the benefits of BYOD fall into 3 main areas: cost, productivity and employee morale. Let’s look at each of these in turn.
Implementing a BYOD policy delivers savings to organizations by reducing the overall cost of having to purchase mobile devices. Rather than having to buy all the hardware and service contracts themselves, a BYOD policy moves these costs to the employee, with the company only paying for what is used for business purposes.
Research by PC World suggests that this could save around $80 per month, per user. You would think that passing this cost to the employee would be a barrier to the introduction of a BYOD policy. But, research by Good Technology State Report has shown that 50% of companies with a BYOD policy, which requires employees to cover all the costs, say the employees are happy to do so.
The final cost saving links in to the second area – productivity. There have been many studies on the time that can be saved by employees. These range from 47 minutes per day, through to 240 hours per year . Converted to cash, this could mean productivity savings of between $300 and $1,300 per year for each employee, dependant on their job role.