Coronavirus

Working from home to ‘become norm’, says IWG chief exec

It comes as the company posted a pre-tax loss of £620m for the year as fewer firms rented its offices due to the pandemic

Working from home will “become the norm” for many businesses after the pandemic, even if only part-time, according to global workspace provider IWG’s chief executive.

Speaking to The BBC’s Today programme, Mark Dixon said the past year has been a “challenging” time for the company but said it is planning to take advantage of the increased demand for hybrid working. 

It comes as the company posted a pre-tax loss of £620m for the year as fewer firms rented its offices due to the pandemic. 

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However, Dixon revealed to the BBC the provider has recently signed a three-year deal with Japanese telecoms group NTT that will see its staff able to access IWG premises around the world. 

The news comes after a recent study found that one third of workers said their mental health is better working from home.

According to a survey carried out by specialist recruiter Ranstead, only a quarter of the over 600 UK jobseekers polled said their mental wellbeing was improved working from the office.

Those who preferred working from home cited the flexibility of their schedule and having no daily commute, while those who preferred working in the office said they missed a sense of normality.

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