Are you struggling to attract and retain top talent in your organization? Are your competitors stealing your best employees?
Then it's time to consider the power of flexible work.
In today's fast-paced world, employees value work-life balance more than ever before. Offering flexible work arrangements not only improves employee morale, but also increases productivity and, ultimately, your bottom line.
In this blog, we'll explore the role of flexible work in attracting and retaining top talent, and provide you with actionable tips to implement flexible work arrangements in your organization.
Get ready to transform your workplace and become the employer of choice!
The Business Boosting Benefits of Flexible Work
1. Better Work-Life Balance
Flexible work arrangements give your employees the freedom to manage their personal and professional lives. They can work from home, choose their own hours, and take time off when they need it.
This reduces stress levels and improves the mental health of your employees. According to Randstad, 82% of employees say that work-life balance is important to them, so you need to prioritize this to attract top talent.
2. Increased Productivity
When your employees have flexible work arrangements, they can work when they're most productive. This boosts their productivity and allows them to work in a way that suits their personality and work style.
In fact, 75% of employees who have work flexibility report being more productive at work, according to FlexJobs.
3. Cost Savings
Flexible work arrangements can help you save money on overhead costs and reduce the need for on-site support staff, such as receptionists and janitors.
Global Workplace Analytics found that employers can save $11,000 per year per employee who works remotely half of the time. This cost savings is due to a reduction in expenses such as real estate, utilities, and office supplies, as well as lower absenteeism rates and increased productivity.
By allowing your employees to work from home, you can pass these savings onto them in the form of higher salaries and better benefits.
4. Increased Employee Engagement
Flexible work arrangements give your employees a sense of ownership over their work. They can take control of their careers and be more engaged with their work.
By giving them the freedom to work in a way that suits them, you can improve employee satisfaction and reduce turnover rates. A study by FlexJobs found that 76% of employees reported being more loyal to their employers because of the flexible work arrangements they were offered.
5. Expanded Talent Pool
Flexible work arrangements allow you to expand your talent pool beyond your local area. You can hire the best talent from around the world, regardless of where they're located.
A survey by Buffer found that 90% of remote workers plan to work remotely for the rest of their careers, and 94% would recommend remote work to others. This means that offering flexible work arrangements can help you attract top talent from around the world.
Maximizing the Benefits of Flexible Work with Insightful
If you’re wondering - how can I monitor employees that work remotely? Then you’ve come to the right place.
Insightful's software to track employees working from home is a powerful tool for companies looking to monitor remote work and optimize their remote workforce.
It can help you monitor remote worker activity, identify when your employees are struggling, and intervene early to improve work-life balance. This can result in increased productivity and cost savings, as well as happier and more engaged employees.
How do companies track remote employees?
By leveraging real-time insights into their productivity levels, internet usage, and application usage. With this software, you can easily monitor your remote workers, ensuring they are staying on task and working efficiently.
The question of how to monitor remote work and track time is easily answered with Insightful. Insightful has a time tracking feature that helps employees log their hours and avoid overworking themselves. This promotes a healthier work-life balance and can lead to improved job satisfaction and retention rates.
Overall, Insightful's software to monitor remote work is a great tool for companies looking to support flexible work arrangements, monitor remote worker activity, optimize their remote workforce, and attract and retain top talent.