Becoming a 'Flexible Worker' with a Virtual Office London is, for most employers and their employees, increasingly becoming the norm. The personal and commercial benefits are too important to overlook in today’s hyper-connected, globalised society.
Flexible working internationally has been found to produce an increase in productivity and revenue generation.
We are seeing business managers globally analyse the productivity of their work forces: more are finding that, thanks to a flexible work strategy, they are energising their teams to work harder for longer, with the additional benefit that staff members are less likely to leave the company - thus relieving the strain on HR.
Work flexibility makes for independent, confident teams.
- 8% of international bodies report increased earnings through the use of Flexible Worker strategies, some using Virtual Office London
- 72% of global businesses report increased levels of productivity amongst their staff, Mobile Apps act as enablers
- Businesses within emerging economies are pushing flexible working as ‘standard practice’. Connected Cities and Virtual Business Addresses assist
- 80% off small SMEs have already adopted flexible working in the EU. Proven track record of how Virtual Offices help small businesses
- 69% of global businesses have adopted flexible working strategies. Not all using Virtual Office Services, some just through Business Service Outsourcing
- 63% of small businesses report that their staffing hours have increased by as much as 21% in some cases as a direct result of increased flexibility attributable to less commuting time. Improving overall health and ‘happiness’ levels
- 51% of global businesses have hired more freelancers this year alone. Sharing communities and flexible workspace advances have helped this
- Europe's 'mobile' workforce as of 2013 was 129.5 million+
- USA's mobile workforce as of 2012 was 119.7 million+
- Asia as of 2013 has a staggering 734.5 million+ mobile workers
- Mobile workers are closing the productivity gap between Western & Eastern economies
As more businesses internationally start to improve their staffing strategy through various means - one measure of which has been to employ more freelancers vs full timers - so too has their use of global communications tools.
Generation Y and 'Millennial' workers are proving to help the move towards more mobile working. This sector has a highly technological mind-set, making them extremely employable and an exceptional asset to any evolving company. Importantly, when it comes to recruitment the quality of life/work balance has overcome other considerations.
A Cisco survey of young people leaving college states that on average 40% would consider taking a lower paid job that offered flexible working and that 45% would take a salary cut if the company offered a flexible working strategy. Globally, millennial are looking for positions offering social media access, mobility and choice when considering a job.
These views are shared amongst emerging economies with 22% of young people in India stating that they would never consider working for a company that did not offer them at least the same choices as their current job. Business managers are increasingly being forced to look at flexible work strategies as a way of encouraging retention of valuable employees.
Without a work/life balance key personnel will feel less inclined to remain loyal to their respective employers, 21% of young people globally feel that offering these solutions would attract them to an employer.
Going Virtual - The New Normal
In conclusion, the use of a flexible working strategy and the implementation of a Virtual Trading Presence or Virtual Office in London with which to anchor your business presence - operating flexibly, globally and locally all at once - is becoming an industry standard, the new normal.
This is being driven from the ground up as employees require working conditions better suited to the digital landscape, made possible by the advances in technology and global communications that create autonomy and encourage independence.
Governments are calling for changes within business sectors to adopt more agile working strategies as a direct result of increased competition globally, with a view to increasing productivity and revenue generation directly linked to flexible working practices.
The benefits are clear: staff feel more energised, family life becomes healthier whilst working culture and team unity improves as a whole. As more people choose to work part-time and more millennials enter the job market to pursue their chosen career path, flexible working becomes a vital retention tool that rewards staff and their families.