This document discusses the benefits of embracing virtual and flexible work arrangements for both employers and employees. It notes that 83% of companies will utilize mobile work strategies by 2014. For employers, virtual work can reduce unscheduled absences by 63% and increase productivity by up to 64%. It also allows companies to hire from a broader talent pool regardless of location. For employees, virtual work provides flexibility to work from anywhere using any device, and 60% would leave a job that did not support flexible work. Flexible work arrangements also increase employee happiness and the likelihood to go above and beyond for their employer.