Flexibility, productivity, profitability

February 21, 2012 | 16:00

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Almost 89 per cent of Vietnamese companies report that their productivity has increased as a result of flexible working practices, and 95 per cent link increasing revenues directly to flexi-working, according to new research from global workplace provider Regus.

The research surveyed over 16,000 senior business managers around the world and it is believed to be the first time that independent research evidence has validated the causal connection between flexible working (time and/or place of work) and improved productivity/revenue generation.

Respondents also report feeling more energised and motivated thanks to flexible working (84 per cent), perhaps indicating why they are able to become more productive and generate more revenue.

Flexible working, by improving worker morale and health, is therefore also taking on the important role of talent retention tool, providing businesses with a valuable way of rewarding and attracting resources.

William Willems, regional vice-president for Regus in Australia, New Zealand and Southeast Asia said: “Technology and network improvements as well as worker demands for a better work/life balance have driven flexible working to become the norm rather than the exception. This survey confirms the business case for flexible working revealing that global businesses see increased productivity and greater revenue generation as directly linked to flexible working practices.

“Business people are also working on the move more than they used to, making the availability of work centres in every city an increasingly attractive proposition, particularly to small businesses that cannot rely on a network of company offices when they leave their headquarters.”

By Song Ngoc

vir.com.vn

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