ClicknWork - overview

How it works

ClickNwork manages a unique service that allows experienced home-based professionals to deliver business services to companies worldwide.

It works like this:

• We partner with companies to see what work we can undertake for them. Most companies have somethings that can be done remotely (research, report preparation, data entry, writing, analysis...)
  
• Jobs can be permanent, temporary, fulltime or part-time or ad hoc.
  
• We select competent people to complete the work to a high standard, with candidates taking rigorous tests. We also take up references as part of our background check.
  
• We quality check all our work. If ever individuals fail to meet standards we quickly replace them.
  
• Clients may require people be in the same country or time-zone or seek lower-cost options.
  
• We typically use ClickNwork's workflow system to manage assignments but can also access client servers through secure remote connections that allow us to complete work without data ever leaving the client's server. Some clients provide laptops to individuals to give them access to internal systems and to integrate them more seamlessly.
• Companies value the cost savings we bring as well as the greater flexibility such as overnight processing and the ability to quickly scale capacity.
  A couple of examples:
• We do a lot of work with Business360, providing the resource and workflow to help deliver its services. You can see some examples of the research services, and some analysis services we deliver for them.
  
• We also provide a lot of the resource for the Business360 suite of newsletters that launched January 2011. The team includes 3 researchers and 5 writers who prepare industry-focused material for business professionals. We expect to double the team in coming months. At the moment the topics covered are the Food Business, and its newsletters, Health & Wellness, and its newsletters, Sustainable Business, and its newsletters, Innovation, and its newsletters, Personal Care, and its newsletters, Diet News, and its newsletters.
  
  If you want to join our network, please register and enter your details. If you're from a company and want to learn more about tapping this resource.

Financial Implications

Working from home has important financial implications. Some people are better off doing it; some are worse off but happy to do it for other benefits. Each person needs to make their own assessment.

To help, we provide a calculator so you can see how home-working and corporate working compare financially. It's very general and you'll need to carefully consider your own situation and make your own judgment before pursuing home-based work. Still, we hope it's a help. Just enter the figures that apply to you and use the output below to make a comparison.

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	How much is a salary really worth? Your salary ($) Your average tax rate (%) Monthly costs of corporate life (commuting, parking costs etc…) ($) Daily costs of corporate life (lunches, coffee etc…) ($) Average hours per day at work Hours spent getting to and from work What is home-working worth? Hourly rate ($) Hours worked per week Costs you already incur but for tax purposes can now set against income (office costs, PC, ISP, travel, new business development, lunches etc…) ($) Costs of business of doing business from home that you don’t already incur (extra food, utilities etc) ($) Average tax rate (%) Salaried Home-working Annual gross income $30,000 $24,000 Taxable income $30,000 $21,500 Tax $7,500 $4,300 Net annual income $22,500 $17,200 Net annual income less costs of corporate work $16,500 $17,200 Net hourly income (time at work) $8.59 $14.33 Net hourly income from time committed (includes travel time) $6.88 $14.33 Additional hours per week at home NA 25 Notes 1. We show monetary figures in $, but if you work in another currency just ignore the dollar sign - the calculations will work fine 2. We assume four weeks holiday (unpaid for home-workers) 3. There are important broader aspects to this calculation: home-working gives you time with your family but you lose an office social life; corporate careers don't let you decline work, but are more secure, and so on 4. This calculation does not factor in pensions, health insurance, training and other benefits usually provided in the corporate workplace