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Increased flexible working could unlock £457m for construction

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A study commissioned by Sir Robert McAlpine claims a 50% increase in flexible working could result in a net economic gain of £55bn for the entire economy, whilst creating 51,200 new jobs. What’s more, the construction industry stands to gain £457m if flexible working increases by 50%.

The study by Pragmatix Advisory is one of the first to quantify the economic benefits of flexible working and, as well as the Tier 1 contractor, was also commissioned by flexible working campaign group Mother Pukka.

The study, Flexonomics: The economic and fiscal benefits of flexible working, says that the practice already contributes £37bn to the UK economy each year, with flexible working linked to enhanced productivity and employee morale, alongside a reduction in employee absences.

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