Research shows Employees Wanting Greater Flexibility with their Payroll
Flexibility is defining how work gets done today and will continue to shape work in the future.Workers want more choices in how and where they work that has opened tremendous opportunities for employers to implement innovation, mobile technology, and training payroll solutions,
Silver Springs, United States – June 2, 2019 /PressCable/ —
Flexibility is defining how work gets done today and will continue to shape work in the future, according to new research from Paychex.
Workers want more choices in how and where they work, and that demand isn’t going anywhere, according to the report. As Millennial’s and members of Gen Z make up more and more of the workforce, they’ve driven changes to dress codes, scheduling and work-spaces, among other things, the company’s survey revealed. Those generations preferences for mobile tools also has driven new tech adoption, Paychex found.
“The Future of Work offers tremendous opportunities for employers that emphasize flexibility, mobile technology, and training,” Martin Mucci, the organization’s president and CEO said in a statement.
It may come as no surprise to HR that the word defining the nature of work now and into the future is “flexibility.” Today’s workers increasingly expect flexibility, and employers seem to be embracing the shift. In fact, many employers have adopted a flex work policy during the past decade, according to a recent IWG survey, with most citing an expanded talent pool as the key motivator.
Workers say such offerings improve their work-life balance, and research shows that can be a boon for employers, too. Employees without work-life balance have lower job satisfaction and are more likely to cause turnover, according to a 2018 study from the University of Michigan and California State University Channel Islands.
These studies and the most recent research from Paychex both make clear that the demand for flexible work isn’t going away; employers that find a way to provide such perks whether via compressed workweeks, remote work or other options — may be well-positioned to compete for and retain talent, especially in today’s employee-driven labor market.
Flexible working is now the norm, according to 74% of respondents to an IWG survey. With a growing number of workers (now 80%) in the study saying they would choose to work a job with a flexible work option over one without, 83% of employers have adopted a flexible work-space policy in the past decade.
For 81% of employers in the study, expanding the talent pool is the key motivator for adopting flexible work policies. For employees in the study, more than a third said flexibility is more important than an esteemed title.
Fifty-two percent of employees said they work offsite for at least half a workweek, and 71% said that having a choice of where they want to work is a key factor in considering career opportunities. Forty-five percent said they think commuting is the worse part of their day, with more than half believing that commuting will be obsolete by 2030.
Contact Info:
Name: Peter Williams
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Organization: Paycheks
Address: 3050 NE 55th Ave Ste 2144, Silver Springs, FL 34488, United States
Website: https://paycheks.net/
Source: PressCable
Release ID: 519218