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Flexible working could boost UK economy, study finds

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Britain’s economy could receive a boost from rising productivity if firms and workers agree to more flexible working hours, according to a study by Vodafone and the Royal Society of Arts (RSA).

The report found employers could enjoy cost reductions and productivity gains of up to £8.1 billion by optimising their approach to flexible working.

The Flex Factor, based on a survey of almost 3,000 UK workers, found employees estimate they could gain about five productive hours a week through better ways of working.

“Flexible working isn’t just working from home and these findings reveal that, with an optimised approach, businesses can overcome any downsides and greatly increase efficiency and productivity, as well as boost their bottom line,” said Vodafone enterprise director Jeroen Hoencamp.

SOURCE: hrmagazine.co.uk

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