Latest news with #CevatAksoy
Yahoo
26-05-2025
- Business
- Yahoo
Britain named work from home capital of Europe
Britain has been named Europe's work from home capital, with employees spending more days away from the office than in any other nation on the Continent. Workers in the UK spend an average of 1.8 days working from home each week, according to a new report from King's College London, which was more time than all nations bar Canada – at 1.9 days – among the 40 nations studied. Britain's work from home average was the highest in Europe and well above the global average of 1.3 days working from home each week. Workers in South Korea average half a day at home per week, with those in Greece and China typically putting in 0.6 days remotely, the King's study found. This rises to one day in France, 1.2 in Australia and 1.6 in Germany and the US. The persistence of home working since the Covid lockdowns is 'becoming a defining feature of the UK labour market,' said Cevat Aksoy, the lead researcher on the report. 'This isn't just a post-pandemic hangover – British workers have clearly decided they're not going back to the old ways.' The findings may raises fresh fears for productivity in the economy, amid growing concern among bosses about the detrimental impact of working remotely. Lord Rose, the former boss of Asda, has said productivity is 'less good if you work from home' and 'your personal development suffers'. He said earlier this year: 'We are creating a whole generation and probably a generation beyond that of people who are used to actually not doing what I call proper work.' Jamie Dimon, the boss of America's biggest bank JP Morgan, also railed against remote work in a leaked recording in February. He told staff: 'Don't give me this s--- that work-from-home Friday works. I call a lot of people on Fridays, and there's not a goddamn person you can get a hold of. I've had it with this kind of stuff.' Other corporate leaders, including Bob Iger, chief executive of Disney, have also expressed concerns about the impact of remote work on creativity. Adrian Pabst at the National Institute of Economic and Social Research (NIESR) said working from home can undermine coordination between colleagues, and is particularly tough for younger workers who struggle to learn the ropes when away from the office. He said: 'There are certain benefits [from WFH], including in productivity terms for certain tasks, but one can see, especially in the public sector, that the absence from the office creates problems in the levels of coordination and the levels of teamwork. It is not clear the benefits outweigh the costs. 'There is collective memory, the institutional culture and ethos of a place, which has to be transmitted in a collaborative manner between colleagues.' The UK has long had a productivity problem relative to nations such as the US. Productivity is so far behind that American workers typically produce as much output in four days as their counterparts in the UK can manage in five. The problem ia getting worse. Output per hour worked in the first quarter of the year was 0.2pc lower than in the opening three months of 2024, according to the Office for National Statistics (ONS). However, Mr Aksoy said: 'Research to date shows that hybrid work arrangements have no negative effects on productivity – and can offer substantial upsides in terms of employee retention and satisfaction. 'Given that hybrid models – where most people work from home on Mondays and Fridays, and from the office mid-week – have become the dominant form in the UK, we see no compelling evidence that this arrangement hampers organisational productivity.' Home working also saves employees time and money, as they spend less on petrol or bus and train tickets, which can be spent elsewhere instead, often to the benefit of the local economy where they live, rather than town and city centres. Mr Pabst said there may be personal, rather than professional, tolls from working remotely. He said: 'We have also got the other side of the work-life balance, which is mental health .... Is working in isolation, especially for younger people who may not yet be in long-term relationships, may not yet have families or children – is isolating at home good for their mental health, let alone their work performance?' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Telegraph
26-05-2025
- Business
- Telegraph
Britain named work from home capital of Europe
Britain has been named Europe's work from home capital, with employees spending more days away from the office than in any other nation on the Continent. Workers in the UK spend an average of 1.8 days working from home each week, according to a new report from King's College London, which was more time than all nations bar Canada – at 1.9 days – among the 40 nations studied. Britain's work from home average was the highest in Europe and well above the global average of 1.3 days working from home each week. Workers in South Korea average half a day at home per week, with those in Greece and China typically putting in 0.6 days remotely, the King's study found. This rises to one day in France, 1.2 in Australia and 1.6 in Germany and the US. The persistence of home working since the Covid lockdowns is 'becoming a defining feature of the UK labour market,' said Cevat Aksoy, the lead researcher on the report. 'This isn't just a post-pandemic hangover – British workers have clearly decided they're not going back to the old ways.' The findings may raises fresh fears for productivity in the economy, amid growing concern among bosses about the detrimental impact of working remotely. Lord Rose, the former boss of Asda, has said productivity is 'less good if you work from home' and 'your personal development suffers'. He said earlier this year: 'We are creating a whole generation and probably a generation beyond that of people who are used to actually not doing what I call proper work.' Jamie Dimon, the boss of America's biggest bank JP Morgan, also railed against remote work in a leaked recording in February. He told staff: 'Don't give me this s--- that work-from-home Friday works. I call a lot of people on Fridays, and there's not a goddamn person you can get a hold of. I've had it with this kind of stuff.' Other corporate leaders, including Bob Iger, chief executive of Disney, have also expressed concerns about the impact of remote work on creativity. Adrian Pabst at the National Institute of Economic and Social Research (NIESR) said working from home can undermine coordination between colleagues, and is particularly tough for younger workers who struggle to learn the ropes when away from the office. He said: 'There are certain benefits [from WFH], including in productivity terms for certain tasks, but one can see, especially in the public sector, that the absence from the office creates problems in the levels of coordination and the levels of teamwork. It is not clear the benefits outweigh the costs. 'There is collective memory, the institutional culture and ethos of a place, which has to be transmitted in a collaborative manner between colleagues.' Productivity problems The UK has long had a productivity problem relative to nations such as the US. Productivity is so far behind that American workers typically produce as much output in four days as their counterparts in the UK can manage in five. The problem ia getting worse. Output per hour worked in the first quarter of the year was 0.2pc lower than in the opening three months of 2024, according to the Office for National Statistics (ONS). However, Mr Aksoy said: 'Research to date shows that hybrid work arrangements have no negative effects on productivity – and can offer substantial upsides in terms of employee retention and satisfaction. 'Given that hybrid models – where most people work from home on Mondays and Fridays, and from the office mid-week – have become the dominant form in the UK, we see no compelling evidence that this arrangement hampers organisational productivity.' Home working also saves employees time and money, as they spend less on petrol or bus and train tickets, which can be spent elsewhere instead, often to the benefit of the local economy where they live, rather than town and city centres. Mr Pabst said there may be personal, rather than professional, tolls from working remotely. He said: 'We have also got the other side of the work-life balance, which is mental health .... Is working in isolation, especially for younger people who may not yet be in long-term relationships, may not yet have families or children – is isolating at home good for their mental health, let alone their work performance?'
Yahoo
26-05-2025
- Business
- Yahoo
Britain named work from home capital of Europe
Britain has been named Europe's work from home capital, with employees spending more days away from the office than in any other nation on the Continent. Workers in the UK spend an average of 1.8 days working from home each week, according to a new report from King's College London, which was more time than all nations bar Canada – at 1.9 days – among the 40 nations studied. Britain's work from home average was the highest in Europe and well above the global average of 1.3 days working from home each week. Workers in South Korea average half a day at home per week, with those in Greece and China typically putting in 0.6 days remotely, the King's study found. This rises to one day in France, 1.2 in Australia and 1.6 in Germany and the US. The persistence of home working since the Covid lockdowns is 'becoming a defining feature of the UK labour market,' said Cevat Aksoy, the lead researcher on the report. 'This isn't just a post-pandemic hangover – British workers have clearly decided they're not going back to the old ways.' The findings may raises fresh fears for productivity in the economy, amid growing concern among bosses about the detrimental impact of working remotely. Lord Rose, the former boss of Asda, has said productivity is 'less good if you work from home' and 'your personal development suffers'. He said earlier this year: 'We are creating a whole generation and probably a generation beyond that of people who are used to actually not doing what I call proper work.' Jamie Dimon, the boss of America's biggest bank JP Morgan, also railed against remote work in a leaked recording in February. He told staff: 'Don't give me this s--- that work-from-home Friday works. I call a lot of people on Fridays, and there's not a goddamn person you can get a hold of. I've had it with this kind of stuff.' Other corporate leaders, including Bob Iger, chief executive of Disney, have also expressed concerns about the impact of remote work on creativity. Adrian Pabst at the National Institute of Economic and Social Research (NIESR) said working from home can undermine coordination between colleagues, and is particularly tough for younger workers who struggle to learn the ropes when away from the office. He said: 'There are certain benefits [from WFH], including in productivity terms for certain tasks, but one can see, especially in the public sector, that the absence from the office creates problems in the levels of coordination and the levels of teamwork. It is not clear the benefits outweigh the costs. 'There is collective memory, the institutional culture and ethos of a place, which has to be transmitted in a collaborative manner between colleagues.' The UK has long had a productivity problem relative to nations such as the US. Productivity is so far behind that American workers typically produce as much output in four days as their counterparts in the UK can manage in five. The problem ia getting worse. Output per hour worked in the first quarter of the year was 0.2pc lower than in the opening three months of 2024, according to the Office for National Statistics (ONS). However, Mr Aksoy said: 'Research to date shows that hybrid work arrangements have no negative effects on productivity – and can offer substantial upsides in terms of employee retention and satisfaction. 'Given that hybrid models – where most people work from home on Mondays and Fridays, and from the office mid-week – have become the dominant form in the UK, we see no compelling evidence that this arrangement hampers organisational productivity.' Home working also saves employees time and money, as they spend less on petrol or bus and train tickets, which can be spent elsewhere instead, often to the benefit of the local economy where they live, rather than town and city centres. Mr Pabst said there may be personal, rather than professional, tolls from working remotely. He said: 'We have also got the other side of the work-life balance, which is mental health .... Is working in isolation, especially for younger people who may not yet be in long-term relationships, may not yet have families or children – is isolating at home good for their mental health, let alone their work performance?'
