Flexible work arrangements can be a key tool in employee retention (or recruitment). Why “retention” or “recruitment”? Because it depends on which side of the fence you are on. Are you trying to keep the outstanding professionals who are already working for you? Or are you trying to recruit new employees to join your organization? Either way, flexible work arrangements are key.
42% would leave for flexible work arrangements
A flexible work environment would encourage 42% of employed Americans to listen to other job offers according to a recent study conducted by The Harris Poll on behalf of Yoh (an international talent and outsourcing company). The data is clear. If you are looking to attract talent, you need to offer flexible work arrangements. If you don’t want your talent to leave, you need to offer flexible work arrangements.
What is flexible work?
At Work Evolution, we classify flexible work according to any of the three criteria:
- Time – part-time, flex schedule, set your own hours, alternative work arrangements, etc.
- Location – work from home, telecommute, telework, virtual work, remote work, etc.
- Duration – temporary, contract, freelance, gig or seasonal employment
How can an organization develop flexible work arrangements?
At Work Evolution, we specialize in helping organizations develop and implement flexible work arrangements. We shared our 10 best tips in an earlier post, How to Hire and Manage Flexible Staff, which is a great place to start.