Feb. 14, 2011 (WorldatWork)–The higher an organization rates itself on flexibility offerings, policies and impacts, the lower the organization's voluntary turnover rate, according to a survey on workplace flexibility, released by WorldatWork.
This survey of more than 500 HR professionals and WorldatWork members found that flexibility is, in fact, flexible. Part-time schedules, flex-time and teleworking on an ad hoc basis top the list of offerings. These programs are each offered to some or all employees in more than 80% of companies, with 68% offering all three forms of flexibility. Other flexibility programs surveyed — and found to be less prevalent — include compressed workweek, job sharing, phased retirement, and career on and off ramps. On average, organizations offer six flexibility programs in varied ways to employees in varied positions.
With so many options for flexibility, the survey confirms that a comprehensive flexible culture reaps rewards in employee motivation, engagement and satisfaction. By asking respondents to assess their own perceptions of how pervasive the culture of flexibility was, organizations were categorized as having either developing flexibility cultures (64%) or established (36%).
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
