Third of business owners think workforce will work remotely by 2020 - Business Leader News

Third of business owners think workforce will work remotely by 2020

Working from home

Flexible hours and working from home are desirable perks for millennials

Remote and flexible working is becoming more and more popular for businesses across the UK and OddsMonkey have created a report on how many people work remotely or flexibly in the UK.

Flexi-time has increased by 12.35% from 2012 – 2016 (ONS), and last year, the Trade Unions Congress found that the amount of people remote working has increased by nearly quarter of a million (241,000) over the last decade.

Data from the ONS shows that 4.2 million people regularly worked from home in 2015 and the majority of these employees are split between agriculture, information and communication or construction.

Despite the huge rise in people starting to work remotely, there are still people in the UK who would like the opportunity to work from home.

There are various positives for remote working, both for the employee and the employer:

Increased productivity – working remotely increases productivity by 16%

Higher morale – a study showed that those who work from home love their job more than those who work in an office.

Higher employee retention

Less stress –  1 in 5 employees say that juggling their work and personal lives is the main cause of stress.