Tired Of Commuting To Work? Here’s One Report That You Should Show To Your Employer

A report by Regus, now known as IWG, has stated that flexible working will contribute more than $10 trillion to 16 major economies by 2030. Though China would see the greatest benefit of such flexibility, India is a close second. With an estimated annual GVA increase of as much as 141 per cent, almost $376 billion extra annually would be added to the Indian economy by flexible working places, as reported by India Today.

Flexible workspaces are those where the desk space and offices are leased for a short period of time, with a range of business services on offer. The market has tripled in size globally since 2006 and annual growth is around 13 per cent.

The peripheral benefits of such workspaces are immense. The Regus report also could save more than 3.5 billion hours of commuting time across the 16 economies by 2030. 214 million tonnes of CO2 would be saved annually in CO2 emissions by the same year. But if we do not adopt flexible workspace, we would have to grow 5.5 billion trees for 10 years to offset that carbon.

Steve Lucas of Development Economics, and report’s author says, “As this study shows, flexible working offers significant contributions to society, from giving people more of their personal time back, to boosting the economy via job creation and improved productivity. These projections show flexible working is a strong economic force that businesses and people should embrace in the years to come.”