LABOUR: Flexibility, Productivity, Profitability
Recent Western Cape Business News
72% of South African companies report that their productivity has increased as a result of flexible working practices, and 68% link increasing revenues directly to flexi-working, according to new research from global workplace provider Regus. Respondents also report feeling more energized and motivated thanks to flexible working (68%), perhaps indicating why they are able to become more productive and generatemore 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.
Other interesting findings are:-
· 76% of respondents declare that they work more on the move than they used to.
· 64% of respondents say that workers in their company feel healthier thanks to flexible working.
· 86% of respondents expect a surge in the number of people that go part-time at some point in their career path.
· Large businesses have embraced flexible working more readily than small with 82% of workers saying that their company works more flexibly than it used to compared with 77% of small business workers.
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