Share this article:

Productivity puzzle | Poor workplaces costing the UK economy £71bn a year

Bored employees in office environment

Employers are losing more than £485 million each week to time wasted due to workplace inefficiencies, new research finds.

And Mitie, a leading facilities transformation company, has found that employers could help boost the country’s productivity levels by investing in well-designed and high performing workspaces. 

The financial implications of not doing so could be huge, the research reveals, with poorly designed and maintained workplaces potentially costing the UK economy £71.4 billion in gross domestic product (GDP) every year.

If employers want to get the best out of their workforce, they must put more emphasis on curating and shaping high-performance settings, Mitie warns. 

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

London workers are outpacing the rest of UK on AI skills
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News

Capital gains | London workers are outpacing the rest of UK on AI skills

Sr Director for DE&I, King: How we built our award-winning culture of inclusion
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast

Podcast | Sr Director for DE&I, King: How we built our award-winning culture of inclusion

How HSBC is 'paving the way' with epilepsy training for staff
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature

‘Be inspired’ | How HSBC is 'paving the way' with epilepsy training for staff

Proven programmes: How top UK employers are using CSR to drive employee engagement
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar

Proven programmes: How top UK employers are using CSR to drive employee engagement

TikTok Style Learning: How Culture, Technology & Gen Z Are Reshaping L&D
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Whitepaper

TikTok Style Learning: How Culture, Technology & Gen Z Are Reshaping L&D