HR managers keen to improve retention rates might want to look at the results of a new survey, which is revealing the benefits most likely to lure workers away.
Conducted by Softchoice, the survey found that 74 per cent of North American employees would quit their job for one that allows them to work remotely more often and 70 per cent would quit in favour of a position that offers increased flexibility.
“We found most people really value the freedom to customize their workday – to be able to run an errand, schedule an appointment, or pick up their kids from school, and catch up on work when it suits them,” said David MacDonald, President and CEO at Softchoice. “Organizations that enable that kind of flexibility have become highly desirable places to work,” he added.
HRD Crystal Dunlop
told HRM that accounting firm RLB had done just that.
“We realised we needed to move away from the traditional approach in order to attract and retain top talent,” she admitted. “We realised that when we look at benefits or work arrangements we can’t have a one size fits all approach so we put a flex time policy in place to allow for different personal needs or different times in someone’s life depending on where someone in their life cycle.”
According to Dunlop, employees’ customized schedule arrangements can be temporary or permanent – “It’s a recruitment and retention tool but it also allows us to adapt work schedules around business needs,” she said.
MacDonald also added that technology has made it easier than ever for employees to stay connected to the workplace anytime, anywhere and – as a result – employees increasingly expect more flexibility over their schedules.
L’Oreal’s VP of HR Catherine Bédard also realized employees were placing increased importance on being able to work remotely but and, tuning into the power of technology, she went one step further than simply allowing employees to work elsewhere. (Continued...)