Flexibility – A Manager's Secret Weapon
Source: FlexPaths
3 Pages
When flexibility in its many forms is widely offered and widely used, when it is communicated and implemented well, and employees do not perceive penalties in using it, the results below are achieved. These results are based on more than a decade of research in a variety of employment situations and employee populations.
Benefits to the Organization
- Employee Retention: Employees are retained who would otherwise leave, including high performers, male and female employees, and highly skilled talent. The replacement costs recovered amount to 75-250% of an individual's annual salary.
- Attracting the Best Talent: A larger and more diverse applicant pool is attracted and more desirable candidates accept positions. The most talented people base their employment decisions on the opportunity to exercise greater control over how, when and where they work; to have a flexible career path; and an organizational culture and climate that respects their individual needs. The next two generations entering the workforce are more concerned about "quality of life" issues than past generations.They consider flexibility an essential element of a 'good place to work'
