Research Shows That Employees Would Prefer Flexible Working to a Salary Increase
Online, October 30, 2013 (Newswire.com) - Research launched today by Softworks, reveals that the majority of employees would prefer flexible working options to a 5% salary increase. The global research commissioned by Softworks and conducted by HR.com, the largest global social network and online community of HR executives, surveyed executives from around the globe and found that well over half (66.5%) of employees say that they would prefer flexible working to a salary increase.
"The so called 9 to 5 or eight hour working day originated out of necessity during the Industrial Revolution in Britain in the 1800s. So much has changed since then in terms of how, when and where we do business, it makes you wonder why so many organisations are holding onto a working day that was created over 200 years ago." said Andrew Ferguson, CEO, Softworks. "Flexible working has been proven time and time again to bring many benefits to both employers and employees. We were not at all surprised by the results and see this as a huge opportunity for employers to attract, retain and motivate key staff, reduce absenteeism and drive productivity and efficiency"
At time of candidate selection and negotiations flexibility may be a significant negotiating factor. It serves benefits to the employer in terms of overall employment satisfaction and cost containment and to the employee in terms of attaining that elusive work-life balance. Flexible work arrangements do not reduce the time or amount of work, they just merely shift around when and where it is getting done. It's virtually cost free to the employer and of extreme value to the employee so in our opinion a win-win situation for both. The full research paper is available and free to download at - http://info.softworks-workforce.com/the-satisfaction-potion
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Tags: Flexible working, flexitime, Workforce Management Solutions