Nimble Advisors

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‘Independence’ as a benefit

We just experienced the joy of celebrating Independence Day in the U.S., and interestingly enough, many surveys are showing that the current labor force is seeking greater independence for themselves as a perk.

In today's competitive job market, employees are looking for more than just a good salary and benefits. They also want a flexible work schedule that allows them to balance their work and personal lives.

As an employer, offering flexible work schedules can be a great way to attract and retain top talent. It can also lead to a number of other benefits, including:

  • Increased productivity: Employees who have a flexible work schedule are more likely to be productive because they are able to work when they are most productive. For example, some people are morning people and do their best work early in the day, while others are night owls and are more productive at night.

  • Reduced stress and burnout: When employees have a flexible work schedule, they are less likely to experience stress and burnout. This is because they are able to take breaks when they need them and work around their personal commitments.

  • Improved morale and engagement: Employees who have a flexible work schedule are more likely to be satisfied with their jobs and engaged in their work. This is because they feel like they have more control over their work-life balance and are able to better manage their stress levels.

  • Increased recruiting and retention rates: Offering flexible work schedules can help you attract and retain top talent. In a recent survey, 70% of employees said that they would be more likely to stay with a company that offered flexible work options.

  • Cost savings: Offering flexible work schedules can save you money on things like office space, commuting costs, and healthcare costs. For example, if you allow employees to work from home, you can save on office space and utilities.

If you are considering offering flexible work schedules to your employees, there are a few things you need to keep in mind. First, you need to make sure that the work can be done remotely or on a flexible schedule. Second, you need to set clear expectations and guidelines for employees who choose to work flexibly. Finally, you need to be prepared to provide the necessary support and resources to employees who need it.

Overall, offering flexible work schedules is a great way to improve employee satisfaction, productivity, and retention. If you are looking for a way to attract and retain top talent, offering flexible work schedules is a great place to start.

Here are some additional tips for employers who want to offer flexible work schedules:

  • Be clear about what types of flexible work arrangements you are offering. This could include working from home, flextime, or compressed workweeks.

  • Set clear expectations for employees who choose to work flexibly. This includes things like hours of work, communication, and availability.

  • Provide the necessary support and resources to employees who need it. This could include things like laptops, software, and training.

  • Be flexible yourself. Things change, so be willing to adjust your policies as needed.

By following these tips, you can create a flexible work environment that benefits both your employees and your company.