Profits and productivity boosted by flexible working, say majority of employers

According to a recent global workplace survey by Vodafone, three-quarters of companies world-wide have introduced flexible working policies, enabling staff to vary their hours and use the latest technologies to work from home or on the move.

A striking 83 per cent of respondents reported an increase in productivity and 61 per cent said their company’s profits increased.

Vodafone’s study, titled ‘Flexible: friend or foe?’ found that SMEs in particular had been overwhelmingly convinced about the business benefits of flexible working.

Commenting on the benefits of flexible working, managing director of Teamwork Selection Juliet Capelastegui says: “Flexible working is a way of working that suits an employee’s needs, such as having flexible start and finish times, working from home or job sharing.

“There are obviously examples of roles where flexible working would not be appropriate, but as this study by Vodafone has shown, flexible working can make strong business sense in terms of productivity, morale and the bottom line.”

“Furthermore, flexible working is one way that employers can differentiate themselves from their peers and as competition for the best talent continues to take hold, more and more businesses are promoting these options to attract talented staff.”

Vodafone’s survey drew on responses from small and medium-sized businesses, public sector organisations and multinational corporations (MNCs) in 10 countries. A total of 8,000 employers and employees were interviewed online.

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