Approximately 60% of Romanian employees work remotely at least a day a week and over 80% of companies consider that a flexible workspace would have a direct impact on business growth (91%), profit maximization and ongoing competitiveness (87%), that it would offer them the possibility to extend their business to new markets, to recruit and retain talent within the organization (84%), according to the IWG study, a group SPACES and Regus are a part of. A number of 200 respondents from Romania participated in the study, employers and employees alike.
IWG annually conducts the largest study regarding the attitude towards flexible work, with over 18,000 professionals in over 96 countries.
When they do not work in the company’s head office, almost half of the Romanian respondents interviewed, work from home and roughly 20% prefer cafés and business lounge arrangements.
“There is an increase demand of “on demand” and it is normal, given the change in workspace. For generations people have been getting used to a fixed work schedule – 8 hours spent at the same desk. But an increasing number of companies is adopting a different work model which brings benefits to both employers and employees, a reason for which companies are revising their real estate portfolio. We have entered the mobile and flexible workforce and this phenomenon represents a major change not only for Romania, but at a global level as well. The concept of flexible work will become the new normal very soon,” explains Ramona Predescu (Iacob), Regus and Spaces Romania Country Manager.
Over 90% of Romanian managers have said they want their company to respond faster than the competition to the changes in the market and to capitalize on the opportunities which arise in new markets, but without making long-term investments (81% of respondents).
All the while, companies in Romania (63%) are interested in raising their revenues from international contracts in the following 3-5 years, compared to the average of 50% of the global respondents.
The interviewed managers (90%) think that employees who work remotely can bring significant savings for the company and that using flexible offices would decrease with 10% the annual spending of space management (81%) – management, equipment, maintenance costs – and the expense with the unused space (40%).
Romanian businesspeople (28%) are not willing to have their capital blocked in long-term contracts related to property and technology, compared to the global average (41%). Over 60% of respondents admitted that they are taking into consideration leaving the current office in favour of a flexible office, based on a subscription, to redirect more capital to business growing initiatives.
The 3 main perks of a flexible working space for a company starting its business in a new location are related to avoiding arrangement costs and capital investment (74%), the space set-up speed (64%) and “business downtime” period related to such activities (31%).
Obstacles perceived as relevant when companies expand into new locations are related to price-quality ratio (78%), IT infrastructure and services costs (67%), and the resources needed to equip and arrange the new space (57%).
Romanian managers consider that a flexible working environment, from the perspective of time and location, helps employees to be more productive (over 80%), more satisfied at the workplace, and to have more effective meetings (over 70%), while allowing them to work closer to home (over 50%).
The characteristics of a ‘productive’ workspace, according to respondents in Romania, are given by an inspirational design for colleagues and customers (72%), high-speed internet (57%), a generous number of meeting rooms (40% %) and access to means of transportation (34%).
For over 90% of respondents the answer to the question of ‘what would cause the companies in the industry you are working in to use remote locations’, was cost optimization, followed by increased productivity, a better work-life balance for employees and reduction of time wasted in traffic. At the same time over 80% of entrepreneurs mentioned the possibility to scale-up and scale-down the business, without long-term investments in the headquarters.
In line with the growing global trend, 87% of Romanian respondents agreed with the opportunities offered by the recruitment of flexible workforce, freelancers or consultants, and that the possibility to press the on / off button of the services used, depending on needs and with minimal losses, brings significant benefits to the company (82%).
The ability to quickly book an office (66%), a meeting room (61%), and to find the nearest office available when travelling to a new or a foreign country (52%), followed by managing the related costs are the main requests that Romanian respondents have from a mobile application for flexible offices. At the same time, more than 80% of respondents have appreciated the impact that being a member of a global business community has on the ability to innovate their own company.
More than 18,000 professionals from 96 countries and different industries were surveyed in the IWG Flexible Working Survey. The sample was extracted from the IWG Global Contact Base, which consists of more than 2.1 million business people, managers or entrepreneurs all over the world.
The study was conducted in early 2018, the contacts were chosen from a group of existing and potential clients, and business leaders from over 100 countries where the group is present.
The survey was independently managed by MindMetre Research.
The respondents were asked about their views on the benefits of flexible workspaces.