A BYOD policy can help employees understand when and how they can use their own devices for work purposes and access company data. Here are key advantages of adopting a formal BYOD policy:
Reduce costs— According to Cisco, a BYOD policy can help organizations save an average of $350 per employee, annually.
Improve productivity—a study found that a BYOD policy can help employees become more productive. People are often happier and more comfortable when they can use their own, familiar devices, instead of having to switch between personal and company devices.
Better security—a BYOD policy defines exactly how and when and what devices should be used for work. BYOD security guidelines should help employees understand their rights as well as their responsibilities. This information helps protect corporate assets from exposure to shadow IT threats.