The employee landscape is changing, and with it have come new desires, priorities and areas of importance – with flexibility ranking high on the list.
There are many advantages to workforce flexibility, in terms of building a leading employer brand. It builds trust and shows you value diversity and recognize every member of your workforce as the unique individual they are. It fosters long-term loyalty and commitment and drives everyone to work collaboratively towards common solutions.
What Employees Want
Responses from a survey of 2,600 employees of all age brackets showed people are looking for increased flexibility.
- Flexible work options make workers more loyal. This could mean working remotely, telecommuting at least part of the time or having an alternative work schedule. Ninety-seven percent of survey respondents said a job with flexibility would positively impact their quality of life. Eighty-seven percent said a flex schedule would lower their stress levels, and more than 75 percent said they believed it would make them healthier.
- Collaboration means a lot to today’s employees. In another research study, more than half of global respondents indicated they were more productive when working from home. Nearly half said they experienced less stress working from home than they did at the office. Being globally connected via social networks, intranets and similar technology led them to feel part of a larger work family – and ultimately, resulted in enhanced performance and job satisfaction.
- Millennials want more than money. The dominant demographic in today’s workforce, millennial workers – born between 1980 and 2000 – naturally communicate and work remotely. They have grown up with the internet and mobile devices at their fingertips. Among millennials, job satisfaction goes hand in hand with flexibility. More than 60 percent of millennial employees in one recent study said they would rather earn $40,000 at a job they love than $100,000 at one they hate. And what they crave the most is flexibility to work when, where and how they want, in order to balance their work-life demands.
Smart Talent Strategy
Organizations that are rigid and unyielding deaden creativity and breed cultures of mediocrity. Such companies may survive, but they will not thrive, because top talent will have no interest in working for them. To attract and retain the best people, you have to work with them to customize their jobs. This makes them feel valuable, which is a win for everyone.
- Your talent pool will go global. If employees don’t have to be in the office in order to get the job done, you can build productive relationships with talent across the country – or the world.
The StaffMasters talent management team can help you find, hire and retain the best employees and offer them the flexibility they need while maintaining your high standards of safety, quality, productivity and profitability. Read our related posts or contact us today to learn more.