>

>

Flexible working is the new normal: IWG survey

By Bong Xin Ying

/ EdgeProp Singapore |

March 19, 2019 12:07 PM SGT

Flexible working has become the new normal, according to a research report by workspace operator International Workplace Group (IWG). Of the 15,000 respondents surveyed in 80 countries, 75% say that this is the case.

Consequently, over the last decade, 85% of businesses have launched a flexible workspace policy or are planning to do so, says the group’s Global Workspace Survey Report dated March 2019. Also, 50% of those surveyed say that they now work outside their company’s main location for at least half the working week or more.

Mark Dixon, CEO and founder of IWG, notes: “Last year, our Global Workspace Survey talked about reaching a tipping point, but what we are seeing now is that flexible working is considered by many to be the new norm for any business that is serious about productivity, agility and winning the war for top talent.”

The IWG report notes that flexible working can be used as a benefit to attract and retain top workers. Businesses in the UK, the US, Australia and India are particularly likely to leverage flexible working in an increasingly competitive talent market. In Poland, 92% say they are adopting this strategy. The report says that German and Belgian workers are even more likely to reject a job offer that does not provide a degree of flexible working.

Worker demand for flexible workspaces was reported at 70% in 2017, and this has increased to 75% this year. That said, flexible working has become so fused with modern working practices on a global scale that many countries, such as the Netherlands, Norway, Australia, the UK, Italy, and more recently, Belgium, have included it in their legislation.

Globally, 60% of workers still say that changing a long-standing non-flexible working culture is an obstacle to introducing flexible working. This is highlighted by business leaders in Spain, Argentina, Mexico, South Korea and Italy.

Reducing the stress of commuting is a benefit to businesses, with 75% of businesses reporting that they are introducing flexible working to reduce commuting times, says the IWG report.

Tags:

flexible working International Workplace Group IWG Global Workspace Survey Co-working

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Emerald of Katong hits 99% sales at launch, averaging $2,621 psf

2

Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf

3

Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10

4

Sim Lian Group’s Emerald of Katong: Will it be another top-seller?

5

CDL sells 20% of Union Square Residences at an average price of $3,200 psf

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00