Businesses risk losing out on top talent by not supporting workplace flexibility, according to new research.
A survey conducted by Ricoh Europe ahead of a change in the law on requesting flexible working showed that female workers in particular are looking for flexible arrangements in their working life.
While all employees see the benefits of flexibility and hybrid working arrangements, approximately 10% more women, over half (51%), agree that hybrid working improves their work-life balance, compared with only 39% of men. And 40% of women actively seek employers offering hybrid models, a higher percentage than men.
The data highlights an opportunity for businesses to help facilitate better hybrid working practices to both attract and retain top female talent, Ricoh Europe said.
Right to request flexible working from day one
From 6 April 2024, employees will have the right to request flexible working from their first day in a new job.
This change in the law removes the requirement for an employee to have 26 weeks' continuous service with an employer before they can make a formal flexible working request.
Employees will also be able to make two applications for flexible working every 12 months, a change from one application per year.
Employers must consider flexible working requests in a 'reasonable manner' and they should make a decision within two months of getting the request -- down from three months under the previous rules.
Ahead of the new rules coming into force, Acas has compiled a Code of Practice providing guidance to employers and employees on the statutory right to request flexible working.
Types of flexible working
Flexible working covers a lot more than just working remotely for some or all of the time. It can also take the form of:
'Satisfaction, engagement and productivity'
With continued challenges around hiring, and a growing skills gap, employers can't afford to ignore the demand for flexible work.
"Interestingly, our research found that women (40%) and men (34%) are aligned in their belief that they can perform their role remotely as well as they can in an office setting," said Rebekah Wallis, director of People & ESG at Ricoh UK.
"Hybrid policies should reflect this and should be about flexibility for everyone. By trusting your people to meet their responsibilities regardless of the work setting, you're prioritising their employee experience which will, ultimately, benefit the business by driving employee satisfaction, engagement and productivity."
Posted by Fidelius on March 11th 2024