61% of business professionals around the world report that the need to improve work-life balance is driving an increase in flexible working, states Regus with two-thirds of Hong Kong respondents reporting pursuing such work lifestyles. These figures are much higher than those in other Asian countries including mainland China, Japan, Indonesia, South Korea, Thailand and Vietnam.
Such demands are timely as Regus also recently found that workers in Hong Kong are frequently overloaded. In its overtime work research, 14% of Hong Kong professionals put in an extra 15 hours overtime a week—this could perhaps explain why the demand for work-life balance in Hong Kong is so high.
Flexibility though is not just about reducing OT. Not only does it reduce the rising cost of commuting, which was the concern of 23% of Hong Kong people but also tackles the inefficient costs associated with underused fixed office spaces—which concerned 22% of respondents.
John Wright, Chief Executive Officer, Regus Asia-Pacific stated, “This research confirms that flexible working boosts efficiency and cuts costs. Businesses can reduce underused office space and operate in a more agile way, making decisions on a per-needs basis.”