Whether it’s returning to the office with precautions, going 100% remote, or adopting a hybrid work model, the reality is that companies must now offer more flexibility in the workplace. 65% of employees in banking and insurance, and 73% of employees in financial services find flexibility in when they work remotely to be very or extremely important.
But flexibility applies to more than just where, or even when, employees work. It also means letting employees have a voice in deciding which type of work they do at home vs. in the office. Research from the O.C. Tanner Institute’s 2022 Global Culture Report found tasks that require focus or creative thinking are easier to do at home, while tasks requiring collaboration and connection are easier and more productive in the office.
Moving forward, employees expect increased flexibility in many aspects of their work lives and will change jobs, if necessary, to get it. But when employees have flexibility in how they work, outcomes improve:
WHAT ORGANISATIONS CAN DO:
To successfully incorporate flexibility, focus on three key areas:
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