In today’s job market, a generous benefits package is essential to attract and retain top talent. In a recent survey reported in Harvard Business Review, 60 percent of U.S. workers aged 18 through 81 said benefits and perks were a major factor in considering whether to accept a job offer. And 80 percent said they would choose additional benefits over a pay raise. After health insurance, employees placed the highest value on flexible hours, more vacation time and work-from-home options.
It’s a Win-Win Situation
Employees aren’t the only ones who benefit from workplace flexibility. It makes for smart talent management strategy as it not only saves your company money, but also positions you as a progressive, energetic employer. So it’s great for your employer brand as well. By collaborating with your employees to provide them much-needed work/life balance, you:
- Build a better culture. By allowing your employees flexibility, you demonstrate you trust and respect them. This tends to work both ways. Rather than working for you, your team members feel like they work with Their sense of company ownership grows, and with it, their levels of performance and productivity.
- Deepen your talent pool. Since they don’t always have to be physically on-site, your pool of talent automatically expands from a local to a global base. Tools such as social networks, intranets, project groups and teleconferencing make distance irrelevant.
- Strengthen morale. Organizations with flexibility have lower absenteeism and turnover and higher employee engagement. Everyone needs to feel in control of their lives – and workplace productivity meets this basic need. In turn, people feel more valued and their investment in their company grows.
- Cut costs. As an employer with staff working from home, you reduce expenses for supplies, offices and work space, and utilities and other overhead. What’s not to like about that?
Truly engaged employees don’t leave their jobs behind when they leave the office for the day. They are passionate about their responsibilities and carry them with them 24/7. And a staff member with a well-rounded, active life brings added value to any role.
Give your workplace a boost!
The staffing and recruitment experts at Frontline Source Group can help you customize your talent acquisition and management strategies to be efficient, effective and at the head of the competitive pack. Read our related posts or contact us today to learn more.
Tagged Staffing Agency
Published on Jul 24, 2018