With Millennials becoming the largest part of the global workforce, we look at how they’ve impacted the office life with Flexible Working.
What is flexible working?
There are several types of flexible working.
There are certain statutory rights that employees have when it comes to flexible working. In 2014 The Flexible Working Law was passed and now all employees who are eligible can request to work flexible, the law works for both part-time and full-time workers.
What flexible working offers is a chance for an employee to have a say in how or when they work, generally when workers have more choice, they usually perform better, A study of UK business and employees by HSBC found that nine in ten employees consider flexible working to be the biggest motivator to their productivity levels within the workplace.
Why is it so appealing to Millennials?
Unlike the generations before them, millennials have been brought up with technology at their fingertips. They are used to having access to information almost instantly and from many different sources. This attitude of instant access to information and on-the-go mentality has shifted the workplace mentality towards flexible working, a study by PwC titled NextGen: A Global Generational study found that Millennials have a new approach to workplace productivity and flexibility. They view work as a 'thing' and not a 'place'.
The most appealing aspect of flexible working hours to Millenials is the impact on their lifestyle. Unlike their parents and grandparents, Millennials care much more about how their working life can impact their Mental Health, with 1 in 5 Millennials in the workforce struggling with depression. This means that Millennial workers are more aware of the impacts to their Mental Health and having policy’s like flexible working would greatly attract younger Millennials to a company.
How a flexible working policy can work.
Embracing flexible working doesn’t mean there needs to be a cultural shift in how a business works, there just needs to be certain strategies in place that works for both the employee and employer.
Firstly, embracing cloud computing, by having the technological infrastructure that allows an employer to access files, emails and documents, not just from a laptop but from their mobile would greatly improve an employee’s ability to work on-the-go or at home. Secondly, a streamlined HR strategy that employs flexible working, which means determining when office hours start and finish but most importantly, strong communication between all employees regarding their flexible working hours.
Flexible working is not a difficult policy to implement. We at Hurstwood implemented the policy of flexible working hours in the Summer of 2018 and have noticed improved productivity and well-being throughout the business.