You're just pushing that cost to the employee. Are you paying them the amount saved, to furnish their own private offices? Or are you just penalizing the worker to save a buck?
> 3. Job flexibility. Home workers have (or will have) more options for employment.
I have not seen this. Most companies still don't offer remote work.
> 4. No relocation expenses. Relocating an employee costs a few thousand dollars, hiring them and letting them stay put is cheaper.
Again, maybe it's different now, but I've worked at several tech companies, and never been offered "relocation expenses".
> 5. Maintain ties to community.
What does this mean? The company? The worker? It seems like the company not employing local workers, and the worker not leaving their house, would be worse for community all around.