More than 38 million workers are accelerating their employment in 2021, causing a labor shortage that gives workers more leverage than ever. The challenge for employers in 2022 is how to attract and retain employees. Numerous studies show that flexible working is a crucial leadership strategy for retaining and recruiting loyal employees. To combat stress and burnout, employees are prioritizing their mental health more than ever, and flexible working hours are at the top of the list to achieve a healthy work-life balance. A recent study of 2,202 employees by Flexible jobs found that 25% of employees quit their job and 41% gave a ban on flexible working hours as the reason. 30% are stuck in jobs they don’t like and want to quit.
Job inflexibility is the root of the great quit, despite the fact that research continues to show that job flexibility is the future of work and one of the strongest predictors of engagement and performance. employee satisfaction and business results. A study of Skynova surveyed a mix of over 1,000 employees and employers about flexible working hours. Here are some of the key findings.
- Of the remote employees surveyed, 65.4% had a flexible work schedule.
- Nearly half of employees said flexible hours were more important than their salary.
- Nearly four in five remote workers with rigid schedules were looking to leave their current job.
- More than 36% value their flextime more than their PTO, and nearly half say having flextime is more important than their salary.
- Employees with flexible hours get up between 6 and 7 a.m., those who don’t wake up between 5 and 6 a.m.
- Since most people start work between 8:00 a.m. and 10:00 a.m., those who have flexible working hours have more time in the morning for themselves.
- Employees with flexible hours say they work fewer hours overall and think less about leaving.
“Our results show that there is a direct correlation between a flexible work schedule and a healthy and manageable daily routine,” said Joe Mercurio, project manager at Skynova. “Employees with flexible hours can wake up at a more reasonable time, and they end up working fewer hours overall. It just shows that the quality of work is greater than the quantity of work.
The Topia study “Adapt to Work From Everywhere”
Other studies report that inflexible leadership is the main reason for the big quit. The case in point is the Study “Adapting to work everywhere” by Topy which revealed that office workers are overwhelmingly demanding flexible work arrangements and will change jobs to get them. Conducted by CITE Research on behalf of Topia, the study surveyed 1,481 full-time office workers between December 22, 2021 and January 11, 2022. The participants, all employed by international companies, were evenly split across states United States and the United Kingdom and included 299 HR professionals. The main conclusions of the Adapt 2022 study are as follows:
Failure to allow flexible work arrangements leads to the great resignation
- 94% of employees agree they should be able to work from anywhere, as long as they are doing their job. Not offering this flexibility makes hiring and retention more difficult.
- A total of 29% of respondents changed jobs in 2021 and 34% plan to quit in 2022. Lack of flexibility is a major factor and many employees are disappointed with their organization’s remote work policies.
- 41% of job changers say the ability to work from home is or was a reason for changing jobs. 35% also cited greater flexibility to work remotely as a reason for finding a new employer.
- 64% of people forced to return to the office full-time say it makes them more likely to look for a new job.
- Although 82% of employers have a remote work policy, 48% of employees believe that mobility policies are in place only to make it easier to reject remote work requests.
When choosing an employer, flexibility is a top priority
- Asked what they look for in a new employer, respondents rank flexible working arrangements as the third most important attribute, after high pay and a focus on employee well-being, but ahead of a great culture , professional development opportunities, social impact and autonomy.
- 96% of employees believe that flexibility in working arrangements is important when looking for a new job.
- 56% of respondents say the flexibility to work in any location they choose defines an “exceptional employee experience”. This was tied to having the right technology to work effectively and came second to being empowered and trusted to do your job with little supervision.
For most organizations, flexible working remains an unresolved compliance challenge
- In 2021, 60% of HR professionals were confident they knew where most of their employees were. This number fell to 46% in 2022. HR still has a blind spot in determining where employees work and for how long. The resulting tax compliance and immigration risks are significant.
- 40% of HR professionals have discovered employees working outside of their home state or country.
- 66% of employees admit to not reporting every day they work outside of their home state or country.
- Nevertheless, 90% of HR professionals are confident that employees will report these days on their own.
“It’s clear that remote work is here to stay, and our Adapt research suggests that if companies say no to flexible work hours, they will lose talent and struggle to replace it,” said Steve Black, co -founder and Chief Strategy Officer of Topie. “To deliver an exceptional employee experience, organizations need technology that invites employees to explore, request and pursue remote work opportunities. Back-end compliance should be automated and suitable for employees who frequently change locations. »
A final warning to business leaders
“When you empower employee autonomy, you send a message that you respect and trust them to do their best,” said Steve Glaser, CEO of Digital comfort zones. “The more you advocate for autonomy, the more employees feel in control of their work and the more ownership and responsibility they will show.” But many leaders are turning a deaf ear to this expert advice and data analytics that could help with retention and recruitment. “A whopping 90% of employees agree that flexible working hours help with employee retention, but only half of employers think offering this benefit helps retain employees,” according to Joe Mercurio, who warns: “It’s maybe it’s time for employers to start listening to employees, because 78% of employees with rigid schedules are considering finding another job.
According to Bjorn Reynolds, CEO of Global backup, many companies confuse flexible working policies as simply offering remote or hybrid work options and don’t think beyond location offerings. “To compete in the global marketplace, employers must allow national and international employees to work in the way they choose and respect the cultural norms of their respective environments, including flexible hours, compensation structures and different ways of working,” he said.