Thirty-six percent of workers in Hong Kong work remotely as compared to the global average of 48 percent, according to a newly released research report by global workplace provider Regus.
The 2013 Regus Global Economic Indicator reveals that although Hong Kong still has to catch up with the way people work across the globe, 53 percent of executives in China work flexibly for at least half the week.
This figure is 46 percent and 45 percent for Taiwan and Singapore respectively.
Fifty-eight percent of respondents in Hong Kong, 59 percent in China and 71 percent in Taiwan said effective management of remote workers was achievable with appropriate training.
"Flexible working is a winner for all concerned when the management team takes the lead," said John Henderson, chief finance officer, Regus Asia Pacific. "The business people we speak to believe that trust and freedom play a key role in remote management and, once in place, the benefits are clear for all to see: greater productivity, improved staff retention and lower operating costs."
Forty-one percent of those surveyed in Hong Kong, 63 percent in China and 72 percent in Taiwan use efficiency-monitoring reporting systems for their workers.
Seventy-one percent of companies in mainland China and 82 percent in Taiwan use video calls to communicate with their teams.
Thirty-four percent of respondents in Hong Kong and forty-nine percent in both China and Taiwan said their junior employees will become more responsible through remote working.
Thirty-eight percent of respondents in Hong Kong and Singapore, 56 percent in China and 59 percent in Taiwan believe that remote management helps maintain more professional relationships in organisations.
Although Hong Kong is currently slow in adopting flexible working as compared to the global average, it is set to catch up soon as per a global study by enterprise mobility technology vendor Citrix.
This report indicates that organisations in Hong Kong will have reduced office space by more than 10 percent by 2020.