According to CNBC just in April this year, 4 million people quit their jobs. Companies are struggling to fill highly skilled positions with some delays up to six months. The answer some companies have found? Offering flexible work arrangements.
These include a flexible work schedule to only requiring 4 days of work. Remote work falls under this umbrella as well as Paid time off, extended leave, and no dress code.
Companies that offer flexible work arrangements benefit from 3 things that are key to innovation:
-A gender and culturally diverse workforce
-A young talent pipeline with in-house training and advancement
-Highly motivated and engaged employees
If you want to continue to succeed well into 2021 it is recommended that you offer a flexible work policy. Check out our article on how to design one and the evidence of why it will be a bargaining chip for attracting top talent.