In a previous post we explored the 7 types of flexible work schedules to try at your office, which uncovers how flexible work works. Forbes magazine highlights one recent study that found 67% of women who are not working by choice would go back to work if there was a flexible work option.
Seems like flexible work has the potential to benefit working mothers, but what about employers? Truth is, flexible work positively impacts ALL stakeholders involved. Working mothers, employers, children – family and friends the benefits bubble over and it positively impacts everyone involved.
We’ve compiled a list of benefits both employers and parents can experience from flexible work:
- Increased employee retention
- Higher employee engagement
- Environmentally friendly
- Higher workplace satisfaction
- Cost efficiencies
- Better work/life balance
So, let’s dig into what this actually means:
- Increased employee retention – 87% of employers say improving retention is a high priority for their company. Losing your best employee can do more harm than just causing disruption to the completion of projects. It can potentially go as far as negatively impacting the company’s corporate culture and end up costing you in the end. Increased employee retention says a lot about an organization – this is where we usually see employees viewed as the heart of the organization. Increased employee retention results in better overall performance due to less time pulling from resources on training and recruiting.
- Higher Employee Engagement – a critical step in achieving increased retention, high employee engagement means loyalty and commitment to the employer. Another piece of the employee satisfaction puzzle, employee engagement will help boost productivity which will help the employer achieve their overall goals.
- Environmentally friendly – Flexible work means less commuting. Whether it be shifting in-office hours to accommodate less traffic or working remotely, ultimately it allows the employee to reduce travel associated with work. Most companies strive to operate in a sustainable manner and this is one way to help reduce your carbon footprint.
- Higher workplace satisfaction – Flexible work will allow for those who may have otherwise had to step away from their careers to continue to work. Additionally, for employees who have the option to set their own hours allows them to take ownership of their responsibilities and thrive in working at the times that best suits them.
- Cost efficiencies – Remote work saves money. From stopping at the local coffee shop on our way into the office to the cost of commuting (parking, gas, car maintenance, bus passes) there are countless benefits to allowing employees to work from home.
- Better work/life balance – Flexible work means employees have the flexibility to focus on work when they need to but also focus on their family and general well-being. Maintaining a healthy work/life balance can reduce stress, improve productivity and ultimately performance.
Flexible work is the future of healthy workplaces. These six benefits just scratch the surface of how employers and parents both benefit from flexible work. Candidate? Let us help you find flexible work today! Employer? Connect with us and we can help you create flexible, family friendly work spaces.