More than half of companies worldwide said their profits have increased, and an additional 83% of companies indicated that productivity had increased, after introducing flexible working, according to Vodafone’s Flexible: Friend or foe? survey.
The survey of 8,000 business professionals across three continents also revealed that 75 percent of companies worldwide have introduced flexible working policies to enable employees to vary their hours and use the latest technologies to work remotely.
Moreover, flexible working has improved the employer brand both abroad and in Hong Kong, with 58% believing that flexible working policies had a positive impact on their organisation’s reputation. Perhaps more importantly in Hong Kong’s hectic business world, almost half (45%) said they leveraged flexible working to improve work-life balance, and staff morale has increased in a striking 79% of organisations after introducing flexible working.
The rapid adoption of high-speed mobile data services, fixed-line broadband and cloud services is playing an integral role in this workplace revolution—61% of respondents now use their home broadband service to access work applications and 24% use a mobile data connection via their smartphone, tablet or laptop with broadband dongle.
Ben Elms, President, Vodafone Global Enterprise Asia Pacific commented, “Vodafone’s research reveals a profound and rapid shift in the modern workplace. Hong Kong employers are telling us that flexible working boosts profits while their employees tell us they’re more productive. Central to all of this are the new technologies that are reshaping every sector, from high-speed mobile data networks and fixed-line broadband to the latest collaborative cloud services. We truly are in an era when work is what you do, not where you go.”
Paul Arkwright
Publisher
