View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Flexible working could boost UK economy by £8.5bn

As well as boosting productivity and morale.

By CBR Staff Writer

Agile working practices will become the new standard as access to the internet inches towards 100%, according to workplace technology firm Condeco Software.

The latest figures from the Office of National Statistics (ONS) revealed that 86% of UK households currently have access to the internet, with 39.3 million adults accessing it everyday

Condeco Software warns that businesses must allow flexible working or risk damaging growth and staff morale.

Productivity is claimed to increase for businesses which create a technology powered hybrid by allowing employees to work flexibly and have a fixed-desk to complete their works.

Research from Ernst & Young (EY) found that £8.5bn could be added to the UK from flexible working, via more productive use of available flexible working hours.

Two out of three companies say that flexible working helps motivation, commitment and employee relations.

About 8.7million people in the UK are in favor of flexible working, while 82% of managers believe it benefits their business.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Condeco Software founder and CEO Paul Statham said: "UK households now enjoy almost universal access to the internet, which has grown exponentially from 2006 when only 57 per cent of households were connected.

"The impact on our personal lives is obvious, but it has also transformed the way we work. Thanks to cloud-based collaboration and unified communications services such as email and video conferencing, a laptop and internet connection is all that most people need to perform their job.

About 96% of UK knowledge workers have taken up the option to work from home, and 94% would work from home twice per week if they could.

Statham said: "This has transformed the office from a default place of work to a space people go to meet with colleagues when needed.

"Sitting at a designated desk from nine to five has been the dominant image of the workplace for decades, but this way of working has become obsolete. We now live in a connected world and the office must change with this. People have become used to the freedom that greater access to the internet brings and they expect this to be reflected at work."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU