Ways of working have changed since the pandemic, and so have people’s approach to their jobs. When our freedom of movement was restricted during the lockdowns, we were forced to work from home and could suddenly better utilise the hours that were once spent commuting or getting stuck in the office late.
As the pandemic has waned, the shift in attitude to work hasn’t. The ‘Great Resignation’ after the height of the pandemic has seen people quitting their jobs voluntarily en masse, instead looking for new opportunities, better work and life balance, and remote or flexible working.
When it comes to the latter, businesses are facing pressure from employees to justify their stance on hours. Flexible and fixed hours each have their benefits and downfalls – but is one better than the other when it comes to both staff satisfaction and business success?
Flexible working allows us to access the best talent
Research by time tracking app DeskTime found that 59.1% of businesses that employ office workers are now offering flexible working hours. The rest – 40.9% – requires people to work fixed office hours. The study included 5,000+ companies worldwide that use DeskTime and had either set fixed office hours or indicated that they offer flexible working hours.
What does this data tell us? It shows that working from home during lockdown restrictions gave many people who were used to commuting to an office everyday more freedom when it came to a work and life balance. More flexible hours have become a byproduct of this.
“Just a few years ago, flexible working hours were seen as a privilege of freelancers and lucky ones,” explains Artis Rozentals, CEO of DeskTime. “The pandemic made flexibility mainstream. Our data shows an almost 20 percentage point difference in favour of flexible working hours, and I’m sure this trend is only going to grow. We’ve tasted what it’s like to adjust work to life instead of the other way around, and there is no way back.”
Richard Mabey, CEO and cofounder of the all-in-one contract automation platform Juro, agrees with Rozentals and says – the key reason he offers his staff flexible hours is to help attract the right people and the best talent to the business.
“We believe that a flexible working model and giving people a choice leads to a healthy work environment and an increase in productivity,” says Mabey.
“We try not to discriminate based on where our employees choose to work. It’s important for us to create an equal workplace for all our employees, wherever they desire to work. Therefore, we’ve encouraged flexible working from the get-go, since launching in 2016, which transformed into a fully-fledged remote working model during the height of the pandemic.”
Juro offers its staff office-first, remote-first or choice-first (hybrid) working models, and has created two benefits packages to foster equality amongst staff. One supports and incentivises people who prefer to be remote-first, focusing on elements like budget for home office equipment and WiFi costs. The other package does the same for people who like to work mainly in Juro’s London or Riga hub, and focuses on support for access to social events.
“For us, it’s clear that flexible working arrangements have a big impact on whether employees feel comfortable, happy and productive in their roles,” says Mabey.
“A testament to its success can be seen in our low staff turnover calculated over a period of six months, which is currently at 10.8%. Our own data also suggests that around a third of our employees prefer remote working. It’s vital to cater for such a sizable portion of one’s company.”