Olympics provides perfect opportunity for testing out flexible working

July 3, 2012

Over three quarters (80 per cent) of London businesses offer some form of teleworking to their employees, according to a new report launched today by recruitment specialists Harvey Nash plc and London Chamber of Commerce and Industry (LCCI)

Research undertaken for the report ‘Changing the way we work‘ – the role teleworking can play in how, when and where we work found that allowing employees to work away from the office can bring numerous benefits to a business, with 46 per cent of businesses stating that teleworking meant that work was undertaken more quickly and nearly a third (29 per cent) believing that it improved the quality of an employee’s work. 
A quarter of businesses (25 per cent) saw a reduction in annual costs of between £3,000 and £100,000 due to teleworking. 
The report outlines how businesses can ensure teleworking works for them including making sure that staff are trained in managerial skills and suggests that higher apprenticeships in management and leadership could improve the success of teleworking. 
Albert Ellis, Chief Executive at Harvey Nash plc, said:
“The Olympics provides the perfect opportunity for businesses to test out teleworking and what it can bring to a business. 
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.” 

Colin Stanbridge, Chief Executive of the LCCI said: 

“Home working is clearly a growing subject for London companies as technology changes the way we live and work. 
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.” 
Ruth Wharram 
Tel: 020 7203 1897 
Mob: 07827 241528 
Email: rwharram@londonchamber.co.uk 
  1. The London Chamber of Commerce and Industry (LCCI) is the capital’s largest and most representative business organisation, with members ranging in size from multi-national companies to SMEs and sole traders. LCCI also undertakes its own in-house research, focusing on business-related matters and characterised by their independence, evidence-based and solution-focused approach. 
  2. Harvey Nash is a global professional recruitment consultancy and IT outsourcing service provider. For over two decades Harvey Nash has supported many of the world’s leading organisations to recruit, source and manage the highly skilled talent they need to succeed in an increasingly competitive and technology driven world. With 40 offices across the USA, Europe and Asia the Group has the reach and resources of a global organisation, whilst fostering a culture of innovation and agility that empowers its people to respond to constantly changing client needs. We work with clients, both large and small, to deliver a portfolio of services: executive search, professional recruitment and outsourcing. www.harveynash.com. 
  3. A full copy of the report can be found here.