BYOD is everywhere. Employees would rather work with their new iPhone then with the company phone that has been given to them. And most companies are okay with it because they feel as though it is saving the company money, but it may come with some hidden costs.

1.) The Monthly Premium Hit: Due to BYOD companies will have to pay more for employees’ phone services. Before all company phone services came from the same bulk plan, but now companies will have to pay for individual plans.
2.) Expense Reports: It costs a company up to $18 in time that is used to file an expense report for the use of a personal phone rather than a company phone.
3.) Security, Management, Data Loss: Companies will have to pay for software and implementation of security, management, and data loss for the devices that employees use.
4.) Helping the Help Desk: Companies need to invest in Help Desk support for employee devices, in order to protect sensitive data.
5.) Multi-Platform, Multi-Department: Companies have to face the problem of how to get company data off of the device when an employee leaves the company or a device is lost or stolen. This is a lot more difficult to do when the device does not belong to the company.

Therefore with all of these hidden costs CIO.com estimates that BYOD could actually cost a company up to 33% more than a well-managed wireless deployment where the company owns the devices. Yet, the tide of BYOD may be impossible to fight. Do you think there are ways to address these challenges cost effectively and still give your users the flexibility they want in device selection?

What do you think? Are these hidden costs ripe and BYOD is actually costing companies money? Or are these hidden costs just hype? How are you addressing BYOD in your organization? Let us know below.

Check out our post from earlier this week, “What are the best BYOD Management Tools and Tactics?” for BYOD tips.

[poll id=”181″]