Telecoms giant Vodafone has announced that it is to champion the concept of home-working just weeks after the practice was banned by Yahoo! chief executive Marissa Mayer.
Insisting that home-working is a ‘smarter’ and more effective means of being productive Vodafone claim that British business as a whole could save £34bn a year on office costs and reduced overheads based on the average desk space cost of £5,746.
A long heralded migration toward home working has thus far been held back by bosses fears of workers abusing the system.
Jeroen Hoencamp, enterprise director at Vodafone UK, said British firms were “blinkered” about how best to implement flexible working. “We need to get Britain working smarter and thinking about different ways of working.
"A potential saving of up to £34bn is staggering and this research reveals businesses are underestimating the savings they can make through reducing the number of desks they have.”