From bedroom to boardroom

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Management
Written by Gary Howes   
Wednesday, 13 May 2009

How the recession is impacting on the working routines of UK small business.

New research out today suggests that 55% of employees are working from home more often since the intensification of the financial crisis in September 2008.

The research has been made available by BT Business.

The need to save money is the main reason for the majority (88%) of respondents to now conduct their working day from the comfort of their living room, bedroom or garden shed.

The research reveals that remote working is helping staff stay out of the red, with 60% citing they are financially better off because they have the flexibility to work from home.

Nearly half of respondents believe they save a significant £10-£20 per day on travel by working from home, with many confirming additional savings from not having to buy lunch and refreshments.

83% reported that home working is also eliminating the costs associated with having to look the part for the office, with 31% believing they can save around £250 per year as they no longer need suitable work clothes.

Bill Murphy, Managing Director, BT Business, said:

"Anything employers can do to help their staff save money in the current climate is not only great for morale but can also have a big impact on performance. We are seeing more and more businesses offering staff the opportunity to work remotely and this flexible approach is proving to be a double win for employers and their employees.
 

 

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Economy