Employees abuse working from home, investment boss says |
Andrew Monk, the chief executive of London-headquartered investment firm VSA Capital, has criticised UK government proposals for new staff to have the right to ask to work from home. He told the BBC that staff abuse flexible working, at least in financial services, and what these people really want is to work part-time on a full-time salary. VSA Capital, which employs about 20 people in the City of London, has pretty much all its staff back in the office, Monks told the BBC Radio 4 Today programme. "Obviously it varies from industry to industry, but in financial services it's more important to be in the office because it’s a very live industry." Commenting on the fact that some firms, such as PwC and Deloitte, have embraced flexible working, Mr Monk said audit work was taking longer as a result. He added that the time it takes for firms to set up a stock market flotation has jumped from three months on average to six. |
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