A new report has revealed that a total of 75 per cent of companies around the world now have flexible working policies in place.
Published by Vodafone, the report, entitled Flexible: friend or foe?, asked 8,000 employers and employees across three continents about their views on flexible work.
According to the results of the study, 61 per cent of employers stated that flexible working encouraged their company’s profits to increase, 83 per cent said productivity was boosted, and 58 per cent said it improved the firm’s reputation.
The report also confirmed that a total of 75 per cent of worldwide companies have flexible working policies that allow employees to work from home or work remotely via smartphone, tablet and laptop.
Despite these results, the study found that 33 per cent of businesses without flexible working policies in place feel it cannot be part of their business culture, while 30 per cent also stated that it would ruin their relationship between the employees who could work flexibly and those who could not.
Commenting on the research, Vodafone Group Enterprise Chief Executive Nick Jeffery said: “Vodafone’s research reveals a profound and rapid shift in the modern workplace. Employers are telling us that flexible working boosts profits while their employees tell us they’re more productive.”