The Many Benefits of Flexible Working
It’s often thought that flexible working opportunities only benefit the employee, but this is not the case.
Flexible working is not one thing. It is an umbrella term which applies to any work management structure that deviates from the traditional eight hour office day. It can include remote working, alternative schedule jobs and more. All in all, it is a negotiable arrangement which has the potential to benefit both employer and employee.
It’s clear that there is an appetite for these opportunities amongst employees, but here we outline the many benefits of providing such working opportunities, for employers:
1. Recruitment & Retention
The simple truth is that employees are more receptive to roles that allow them to work flexibly. We know from the results of our recent social media poll that 95% of people are more likely to apply for a job if it offers flexible working opportunities. This of course applies to the retention of talented staff, too.
2. Productivity Increases
Continuing on from the previous point, recruiting and retaining quality staff and providing them with flexible working opportunities allows them to work harder and increase their output by having greater control of their working day.
Additionally, flexible working is associated with a decrease in stress and fatigue, which typically leads to loss of focus. As employees have freedom to play to their strengths, output is oftentimes improved.
As outlined in an earlier article, the ability to work remotely is associated with productivity increases of up to 13%.
3. Financial Benefits
There are numerous cost savings associated to facilitating flexible working for your staff teams. Following on from recruitment and retention, there are obvious cost savings from not needing to recruit new staff as often.
Recruiting for a role that is based in a single location limits your talent pool, whereas by offering a flexible working opportunity such as remote working, there is a much higher chance of attracting a diverse talent pool of candidates.
Are you looking to fill a niche role? Euro Executive Recruitment is a Specialist Recruitment Consultancy with European Reach – get in touch today to learn more at (021) 206 6078 or email@example.com
If you found this article interesting, read more from our article about The Future Of Work Post COVID-19.