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We want more flex time: The work perk employees can’t get enough of

We Want More Flex Time The Work Perk Employees Can't Get Enough of Research has found that American Workers increasingly want more flex time at work, meaning they want flexible hours and the ability to work from home either part-time or full-time. In a survey by the staffing firm OfficeTeam: When asked which summer perks they're most interested in, 39% said flexible schedules and 30% said the ability to leave early on Fridays. 20% of human resources managers reported that their firms allowed their staff to clock out early on Fridays during the summer months. • This number is down from 63% in 2012, so summer Fridays can be a crucial differentiator for establishing company culture that attracts top talent. 目 A survey conducted by FlexJobs (a job search site that specializes in flexible jobs) found: The top factors when evaluating a job by a prospect included: Work Work-life balance Company reputation (41%) 401(k) retirement benefits Health flexibility (80%) and salary (tied) (74%) insurance (43%) (31%) The top reasons people are-or would be-most productive working at home versus the office include: Fewer interruptions from colleagues (76%) Fewer distractions Less frequent meetings (69%) (75%) A more comfortable office environment A reduction in Reduced stress from office politics (68%) commuting (67%) (51%) Lack of flexible work influences The top four reasons year after why people leave jobs and seek new opportunities year (since 2013) for wanting flexible work options are: JOB Work-life balance 18% are currently looking for a new job Family (52%) 14% have considered (79%) leaving a job because it did not have work because of work flexibility issues flexibility 33% of respondents reported having left a job because it did not have work flexibility ww Time savings (48%) Commute stress (47%) Gallup's 2017 State of the American Workplace report The benefits and perks employees said they truly care about are the ones that offer: Flexibility The ability to lead a better life Autonomy While flexibility isn't a reality for all workers, many people want it to be. 33% of Gen Xers and Baby Boomers say they'd change their jobs for a flexible working location where they can choose to work off-site part time. That number jumps to 50% for Millennials. 51% of employees 43% of employees said they would work away from their change jobs to team members at least have flex time. some of the time. TIME EMPLOYEES SPEND WORKING REMOTELY 100 100 80 80 60 60 40 40 20 20 Less than 20% 40% 60% 80% Less than 20% to less 40% to less to less to less 60% 80% to less than to less to less to less 20% than than than 20% than than than than 100% 40% 60% 80% 100% 40% 60% 80% 2013 2016 Gallup's 2017 State of the American Workplace report These industries saw the greatest increase in time spent working remotely: Finance Insurance Real estate Compared with other employees, employees who work remotely 60 to 80% of the time are more likely to strongly agree they make more progress in their workday. THE BENEFITS OF FLEX TIME: A CASE STUDY Researchers at the University of Minnesota and the MIT Sloan School of Management studied a Fortune 500 company to see whether or not flexible work time had any notable benefits. 700 workers were split into two groups One group learned about work practices designed to "increase their The other group did not learn about flexible work options and sense of control over their work lives". continued to work under the company's pre-existing policies without any flexibility. These practices included: Flexible work Remote Reduced schedules work meetings Better balancing high-demand periods of work Communicating more over instant messaging Researchers found that flexibility had a significant positive impact. Compared to the control group, the group that learned about and used flexible work options: ... Felt more supported by their bosses Were more likely to say they had enough time to spend with their families Reported having more control over their schedules Reported decreases in psychological distress Reported greater job satisfaction Reported less burnout and stress GET YOUR FLEX ON Fully remote work isn't always realistic for every company or every role. Here are some ways to offer increased flexibility: Allow flex time requests Rather than prescribe a specific flex day (like summer Fridays), allow employees to decide when they'd like to take a shorter day each week. Ditch time sheets If your company still logs employees' hours on the job, consider ditching this practice. Instead, focus on the quality of your employees' work and whether or not they get their work done-not how many hours they spend at the office. Offer flex time for working out Consider offering employees 2 to 3 hours a week to devote to the gym or their favorite yoga studio. Try shorter days Cutting your workweek by a little less may be Consider establishing While the Swedish 6-hour new work hours where workday saw happier and more productive workers, every day is 30 minutes or an hour shorter than a better idea. a 30-hour workweek your current policy. proved to be pricey. Try a compressed workweek Compressed workweeks typically While there's less day-to-day consist of four flexibility, 10-hour workdays per there's an extra week rather than five day off. 8-hour days. Allow telecommuting days Create a policy where Invest in the right employees can work software to make from home a certain telecommuting number of days per successful for year, month, or week. your company. Offer a work range If your employees So if an employee work an 8-hour day, starts at 8, he can consider letting leave by 5, while another employee them work the 8 hours within that comes in at a 10-hour span. 10 can leave by 6. If companies want to keep up with the modern workforce and draw in top talent, it's time to consider more and better flex time options-a perk that can pay off in higher retention rates and happier and more productive employees. Sources: officeteam.rhi.mediaroom.com • ivyexec.com • businessinsider.com gallup.com • flexjobs.com • fastcompany.com • fortune.com Brought to you by: Quill.com A small part of your job is 100% of ours. %24

We want more flex time: The work perk employees can’t get enough of

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If companies want to keep up with the modern workforce and draw in top talent, it is time to consider more and better flex time options - a perk that can pay off in higher retention rates and happier ...

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