Flexible working arrangements have become one of the most sought-after employee benefits in recent years, providing a better work-life balance. This could be a flexitime programme, part-time hours, working from home, or the ability to change shifts and working days.
The CIPD reported in 2019 that 54% of workers in the UK currently work flexibly in some way. However, they also found that many employees were not satisfied by the current offering, as 68% of them would like to be able to work flexibly in a way that is not currently available to them.
If you’re considering implementing or overhauling your company’s flexible working arrangements, read on to find out why it’s important, and how your company can benefit.
There is no set reason why someone might prefer flexible working options, which is exactly why a one-size-fits-all approach doesn’t work.
Parents, carers, and people with long-term medical conditions are just some of those with more ‘obvious’ reasons for flexible working, but there are no more or less valid reasons to desire a better work-life balance. In fact, all employees have a legal right to request flexible working.
Millennials make up the largest proportion of the workforce and, in order to attract and maintain this important demographic, companies need to meet their demands.
One of the most important elements when choosing a job for millennials is work-life balance, and Glassdoor reported that 90% of workers in this category value benefits over pay. Whether they’re looking for the freedom to pursue hobbies in their free time or to start a family, millennials want flexibility.
There are almost 17 million millennials in the UK—and you need them!
Employers and managers often balk at the idea of their staff working from home or being allowed to leave the office once they’ve completed all their tasks for the day. There’s a fear that productivity will be negatively affected, leading to higher overall costs, but this isn’t the case.
A study by AAT, released in 2018, shows that flexible workers are happier and more productive. The study found that a quarter of respondents actually worked longer hours than they did when tied down to a traditional ‘9-to-5’ schedule, putting in an extra 6.7 hours per week on average.
Increased productivity and reduced staff turnover means that your business actually stands to save money by offering flexible working solutions to employees.
The CIPD has a great resource page for implementing flexible working, including guides and tools to make the process easier.
Some aspects that you will need to consider include:
It’s best to trial flexible working before fully rolling it out as a finalised policy to make sure that it’s a good fit for your organisation and employees and to work out the kinks.
No matter what part of your company’s journey you’re at, you need great team members to lead you to success.
If you’re hiring within the digital sector, get in touch with Opilio and we’ll help you to find the ideal candidates who will take your business from strength to strength.
Philip specialises in: Senior, Director and C-Level roles in Digital Marketing
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