Flexible Work: How Companies Can Make Diversity a Reality

This blog post will explore how flexible work can allow a diverse workplace and what research shows about its effectiveness.

FLEXIBLE WORK

9/22/2021 3 min read

Working from home, hybrid workplace, flexible work - these are all concepts that many companies offer to entice employees.

But the reality is that not everyone has this option.

Many still believe that flexible work is only for certain people, like recent parents or software engineers.

The truth is that there are many benefits to offering flexible work options, and it isn't just about making employees happy.

A report by Mckinsey (2018), shows that companies with a more diverse workforce have better performing teams than less diverse organizations.

And to achieve diversity, companies should consider offering a flexible working policy as a viable option for their employees.

This blog post will explore how flexible work can allow a diverse workplace and what research shows about its effectiveness.

A Flexible Working Policy is great for Both Employees and Employers


Flexible work benefits both the employees and employers.

Employees can better manage their personal lives while at work.

Employers can benefit from the increased productivity of these individuals because they will be more focused on their job when not dealing with family issues.

Including job flexibility in employer benefits packages will help create a diverse workforce. It empowers workers to achieve well-roundedness both at home and their jobs while increasing long-term employee retention.

A Hybrid Workplace Benefits Caregivers and Parents


Half of all caregivers are women who want to keep their jobs but find themselves in need of time off because they have too many obligations outside work (National Study Group on Homecare).

Allowing these workers a hybrid working policy will make them more productive during business hours and increase loyalty since they feel appreciated at work.

Allowing remote work makes it possible for parents to balance their family life with their work life. The Harvard Business Review states that allowing flexible schedules can help employees deal with personal issues like taking care of a child or elderly parent, having another job, and caring for sick relatives.

Employees can achieve a well-balanced life with flexible schedules because they have long-term job satisfaction and less stress from personal issues at home.

A Flexible Working Policy Promotes the Inclusion of Women


A 2015 study by the University of Minnesota found flexible work arrangements were associated with increased retention, job satisfaction, and well-being for women.

This means there are fewer female dropouts from the workforce because they can better manage family responsibilities with job flexibility.

A Hybrid Workplace Promotes the Inclusion of Multiple Races


In a 2016 study by the Center for Creative Leadership, researchers found that people of color felt that flexible work arrangements would help them feel more included at their companies.

They linked this with having an inclusive culture and open communication from management to employees.

These results show businesses can increase feelings of inclusion among multiple races if they have flexible workplaces and cultivate a diverse company culture through transparency and dialogue.

Flexible Work Is Good For Business


Flexibility in scheduling is good for business. A survey by Ernst & Young found that almost half of all workers work during non-business hours every day around the world, regardless of whether it's a weekday or weekend (Intuit 2020 Report).

This has negative consequences for businesses since the lack of focus results in decreased sales per employee, according to an IBM study reported on by Business Review.

In addition to the adverse effects on business, employees who work non-standard hours are nearly three times as likely to miss family or school events. In fact, American workers were absent from over eight million child-related activities in 2015 because of a scheduling conflict (Economist).

Flexible Work Promotes Diversity


A flexible working policy is a great way to promote diversity, inclusion, and inclusivity.

Companies can benefit from a more diverse workforce, promote inclusion of women in the workplace, create a hybrid working environment that fosters diversity across multiple races and people with physical disabilities or chronic illness to be able to work (Time).

However, it can be difficult if employers don't let go of traditional methods of work that require face-to-face meetings at all times.

Luckily there is technology available like video conferencing for remote teams and tools like flace to office management.

When implemented correctly, a hybrid work environment will positively impact a company's bottom line.

flace is here to be the future of the work.

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