Majority of Hong Kong's senior business leaders-73 percent of them-believe flexwork or flexible working arrangements boosts workers' productivity, according to a survey by global office space and office services provider Regus Plc.
A Regus statement said the Hong Kong results formed part of a worldwide and in-depth survey their company conducted in 95 countries to determine attitudes of senior business leaders towards flexwork.
The sample size numbered over 20,000 senior business leaders surveyed worldwide.
Flexwork refers to work arrangements outside the traditional eight straight hours a day, five days a week in an office, factory, or shop that became standard with the advent of the Industrial Age.
In flexwork, employers and employees negotiate different schedules more suited to the job requirements. This includes working hours and work venues. It could also include telecommuting.
Flexwork is said to be increasingly growing as the world now finds itself in the Information Age with telecommuting now possible also as a result of the Internet and greater importance of knowledge work.
Worldwide, the Regus survey results indicated believe flexwork "not only helps improve employee productivity by reducing unused office space and downtime due to commuting, but also makes workers more efficient."
Key Hong Kong Findings
The statement said that among the key findings with regard to Hong Kong were the following:
- The Hong Kong percentage of 73 percent comes close to the 75 percent of global respondents who believe flex work arrangements improve productivity
- The same percentage of Hong Kong respondents (73 percent) believe flexwork brings about a greater sense of responsibility and improved time management skills among employees
- According to Hong Kong respondents, flexwork improves the quality (65 percent) and speed (63 percent) of decision making
- Flexwork encourages creativity
- Leaders of small businesses have more positive attitudes towards flexwork than counterparts in larger companies
"The inescapable conclusion is that businesses in fact have little to lose and potentially lots to gain by enabling flexible working," the statement quoted Regus Asia-Pacific chief finance officer John Henderson as saying.
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