The business imperative for flexible work
When addressing their workforce needs employers should consider the many benefits of implementing flexible work practices.
Flexible work can provide significant business advantages and improve the health, wellbeing and commitment of employees.
In the current uncertain economic climate many employers have found that using flexible work practices has reduced the need for redundancies. Flexible work has allowed them to provide ongoing employment to valued workers and to maintain the workforce necessary to meet expected needs when the Australian economy recovers.
In recent years there has been an evolution in thinking about the interaction between people’s professional and personal lives. Greater numbers of employees are seeking a better balance between their paid work and personal commitments, and flexible work can assist them to achieve this desired work life balance.
When seeking employment, a recent survey found that 63 per cent of employees interviewed considered work life balance a “must have”. A further 34 per cent considered it “nice to have”, and only 3 per cent said it was not a factor in their employment decision.
The business imperative for flexible work– attracting and retaining your future workforce [PDF 81KB] looks at the research behind flexible work initiatives, and how they can benefit and grow your business.
The publication provides information on:
- using flexible work to your business advantage
- the win-win of providing flexible work
- flexible work and its relationship to recruitment and retention
Flexible Work Success Storiess
The following case studies provide practical examples of the business advantages of introducing flexible work practices: