Despite the fact that 2/3 of the American workforce wants flexibility, only 19% has access to it. Even more surprising is that 53% of employees would leave their current job for a flexible alternative, and when it comes to millennial women, that number jumps to 58%. This data not only proves that flexible companies have a clear competitive advantage in the war for talent, but also that many organizations are likely unaware of how much—or how little—work-life compatibility their employees actually have.
That’s why we launched FlexMatch™, our newest tool that helps companies assess work-life compatibility levels and implement new policies based on algorithmically targeted flexibility recommendations.
Understanding the needs of your employee population is the key to effectively introducing flexibility and refining existing policies. After speaking with hundreds of companies, we’ve found that employers tend to assume that flexibility means one thing—most commonly, remote or part-time work. As a result, they implement blanket flexibility policies without taking the time to understand and customize the employee experience accordingly. Even companies that are committed to offering flexibility and inherently understand its value are struggling to create impactful programs because they’re not being customized to meet employee needs. This explains why the uptake is so low, and why some flexibility programs fail entirely.
To be clear, we’re not suggesting having a thousand different flexibility policies for a thousand different employees, but rather a set number of permutations that are most closely aligned with the needs of your diverse employee population. In our Flexiverse™, you’ll find 6 types of structured flexibility: Remote, DeskPlus™, TravelLite™, TimeShift, MicroAgility™, and Part-Time. By using FlexMatch™, you will be able to better understand which of these flexibility factors are most desired by your employees based on the results of our work-life compatibility assessment.