The future of work will be more flexible than ever. With trends of high resignations and a tight labor market likely to continue, organizations that don’t move toward a flexible workplace model face greater risks of losing their best people due to unprecedented levels of burnout and stress and increased demands for more flexible, employee-focused working arrangements.
Workplace flexibility is not just a nice thing to do; it’s the smart thing to do. Flexibility is now a currency more highly valued than salary, especially by younger workers. More than half of today’s employees will leave their jobs if they don’t get the flexibility and work-life balance they need to succeed in their roles.
To improve employee engagement and retention, organizations must step up and provide employees the flexibility and freedom to work from anywhere they want. In this post, we explore insights from our just-published ‘Flexibility Playbook’, which explains why workplace flexibility is now an essential practice that enables organizations to recruit the best, retain the best, and get the best results.
Why flexibility matters in the new world of work
Flexible working solutions help organizations attract and retain top-notch talent by driving key outcomes such as workplace engagement, productivity, well-being, diversity, equality, and inclusion.
The sudden shift to remote work made more employees realize that they can fulfill their responsibilities at work even if they’re not at the office. Flexible working arrangements enable people to fit work and home life together and manage life’s transitions with the least amount of stress. This, in turn, increases employee engagement and well-being.
A dramatic cultural shift towards work from home means that a hybrid model is necessary for working parents to achieve success — both at work and at home. With flexible working arrangements for instance, mothers can enter and stay in the labor market while fathers can play larger roles in child care and domestic affairs. This flexible culture helps promote gender equality and the empowerment of women in the workplace.
For flexible working to succeed, it needs to be available to everyone — from single parents to mothers and fathers, people with disabilities, people who care for elderly relatives, senior and young workers alike — who can get value from it.
Embracing flexibility in the workplace entails accommodating people from every background and every experience. To stay competitive, organizations must create diverse, inclusive, and flexible cultures that help everyone do their best work.
What your organization can do to build a flexible workplace culture
There is no straightforward formula for achieving flexibility in an organization. And it requires so much more than just veering away from a traditional 9-to-5 workplace structure.
Ultimately, it’s all about building a culture of trust where people feel that they belong, where they feel appreciated and heard — no matter where they want to work, why they work, who they do it with, and when they do it.
More than anything, offering flexibility in the workplace is about creating positive employee experiences. Find out more about how your organization can achieve the right level of flexibility and develop a culture that makes the hybrid model work for everyone. Our Flexibility Playbook is now available for free download.