Flex­i­ble work­ing crit­i­cal to job cre­ation

Financial Mirror (Cyprus) - - FRONT PAGE -

The ma­jor­ity or about 81% of busi­ness peo­ple around the world re­port that cap­i­tal freed up from lengthy leases and un­de­r­oc­cu­pied space should be in­vested in growth and em­ploy­ment. This puts flex­i­ble work­ing firmly at the heart of the eco­nomic agenda for na­tional gov­ern­ments that should also be do­ing more to pro­mote flex­i­ble work­ing, ac­cord­ing to the latest Re­gus sur­vey of more than 44,000 se­nior ex­ec­u­tives in more than 100 coun­tries.

Re­spon­dents in­di­cated that tax and non­tax in­cen­tives for pro­mot­ing flex­i­ble work­ing should also be of­fered by gov­ern­ments along with more pro­mo­tion of flex­i­ble work­ing op­tions. Ad­di­tion­ally, as global busi­ness peo­ple re­veal that cap­i­tal freed up from lengthy of­fice leas­ing could be in­vested in em­ploy­ment, it fol­lows that over half of re­spon­dents also say flex­i­ble work­ing can con­trib­ute to re­duc­ing youth un­em­ploy­ment.

Busi­ness peo­ple glob­ally also agree that flex­i­ble work­ing is crit­i­cal to en­sur­ing un­der­rep­re­sented de­mo­graph­ics such as car­ers, re­turn­ing moth­ers, par­ents and older work­ers re­main in the work­force. “Flex­i­ble work­ing plays an im­por­tant part in cre­at­ing jobs and boost­ing the econ­omy as money saved on lengthy leases and un­der-oc­cu­pied of­fice space can in­stead be in­vested in growth and the cre­ation of new jobs,” said Ka­te­rina Manou, Re­gional Gen­eral Man­ager Re­gus-Balkans and Cyprus.

“Flex­i­ble work­ing can also help the econ­omy by en­cour­ag­ing un­der­rep­re­sented de­mo­graph­ics to re­main or re­turn to the work­force boost­ing GDP,” Manou said, adding that “by al­low­ing work­ers to bet­ter rec­on­cile their pro­fes­sional and per­sonal lives, flex­i­ble work­ing means that older work­ers, par­ents, car­ers, re­turn­ing moth­ers and work­ers in gen­eral can con­tinue to re­main in em­ploy­ment and con­trib­ute to the over­all econ­omy.”

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