Last week on LinkedIn, we asked what you thought the most important aspect of a benefits package was. 48% of respondents said that flexible working hours were the most important part of the package to them. The results left us wondering whether our workplace preferences had changed post-pandemic?
A UK poll of 1000 workers conducted by EY as part of its 2021 Work Reimagined Employee Survey found that 4 in 5 people wanted flexibility in their work life. 47% told EY that they would go as far as considering changing roles if flexible working was not offered as an option to them.
But what are the benefits of flexible working for both employers and employees?
Employee Satisfaction & Increased Productivity
First and foremost, flexible working arrangements can mean higher employee satisfaction. A happy workplace equals a productive and confident workforce. Avoiding waves of discontent through the office creates a better environment for both employer and employee, reducing stress levels and avoiding burnouts.
A content workforce can also mean increased productivity rates. Having the freedom to work from home, or working flexible hours, may mean that employees can work more effectively without the distractions of the office or without lengthy commutes.
Employee Retention & Attraction of Top Talent
From an employers perspective, flexible working can lead to higher rates of staff retention due to satisfaction. It can also be a driving force to attract top talent as people’s expectations and behaviours adapt post-pandemic. Valuable employees seek valuable work life balance, so adding this culture into your company is an attractive part of a benefits package.
Whether you’re an employer or employee, flexible working is becoming a sought out aspect of a benefits package and could become one of the key factors when choosing/advertising a role.