31st July, 2012 - Posted by admin - Comments Off
The arrival of the 2012 Olympic Games in London has led to many businesses around the capital trialling flexible working strategies
According to a new report conducted jointly by recruitment specialists Harvey Nash plc. and London Chamber of Commerce and Industry (LCCI), 80 per cent of companies in London are now offering some kind of teleworking to their employees.
When commenting on the reasons for dipping into teleworking strategies, 46 per cent of business managers stated that it was because work was able to be carried out quicker than if employees had to travel into an office space during busy periods – such as throughout the Olympic Games.
On top of this, the report – entitled Changing the Way We Work – the role teleworking can play in how, when and where we work – 29 per cent of respondents felt it improved the quality of a staff member’s work.
Businesses are also benefitting financially due to adopting teleworking schemes, with 25 per cent of companies involved in the research detailing that they have seen their annual costs drop by between £3,000 and £100,000 since taking up the strategy.
Colin Stanbridge, the chief executive of the LCCI, believes that advancements in technology have helped make flexible working more appealing to British businesses.
He added: “Being flexible with how and where staff work can bring enormous benefits to a business and getting it right can add to the productivity of a firm as well as staff morale.”
Albert Ellis, chief executive at Harvey Nash plc., also highlighted how the Olympics has given firms the opportunity to trial home working before they decide whether to roll the strategy out over the longer term.
“However, as more and more companies embrace flexible working practises we need to ensure that we have the infrastructure, such as high-speed broadband, in place to ensure that businesses aren’t limited in what they are trying to achieve by technological concerns,” he was keen to add.
The report comes soon after a survey by the Confederation of British Industry revealed that 57 per cent of companies in the UK are adapting their working hours around the Olympic Games.
Furthermore, 46 per cent of firms are granting employees time off over London 2012 so that staff members can attend events at the Games.