The survey found that 63 per cent of respondents cited high costs and limited budget flexibility when looking for office space.
The online survey of 800 SMEs was commissioned by co-working operator JustCo, and conducted by consumer research firm Milieu Insight from March 26 to April 7. Respondents noted that office location, which affects commute times, and technological infrastructure are also important factors. “The changing work landscape and economic uncertainties further emphasise the need for flexibility to adapt. Workspace solutions that encompass functionality, wellness and flexibility will be key for SMEs to thrive in the long run.”
Flexi-time entails staff working flexibly at different timings with no changes to total work hours and workload, while employees on flexi-load arrangements generally take up different workloads, with pay adjusted to match.