Vodafone has rejected the move by the Yahoo chief executive to place a ban on home working, asserting the practice encourages “smarter”, more cost-effective ways of working.
A survey of 500 key decision makers by the mobile phone company in partnership with YouGov, suggested that British businesses can save up to £34bn a year by freeing up desk space and reducing overhead costs when workers stay at home, according to a report in the Telegraph.
Last month, Yahoo! boss Marissa Meyer came under heavy criticism after she banned employees from working from home in order to nurture greater "communication and collaboration" between staff. The move came shortly after the chief executive built a personal nursery next to her office which other employees at Yahoo! were not able to use.
Currently the potential saving is based on the average cost of a desk, which stands at a whopping £5,746. A fifth of firms surveyed using office space estimated they could lose around 46 desks by encouraging flexible working.
In addition, the survey said that the majority of businesses measured success only "by results", but just one in five thought they could reduce desk space and a quarter were concerned it would lead to workers abusing the system.
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The programme for this year’s Professional Pensions Defined Contribution Conference – to be held in both London and Birmingham in September – has been announced.
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