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CHRO guide: Workplace flexibility to attract and retain
Updated on February 7, 2023
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Topics Covered:
Attracting and retaining talent
Are your employees satisfied with the level of flexibility in their work? If not, they might be looking elsewhere. In fact, work flexibility was the #1 reason people looked for new jobs in 2023.
So, what does work flexibility really mean? It’s not just about remote work. It’s about giving employees control over when, where, and how they work to better balance their professional and personal lives. Companies that embrace this approach not only attract top talent — they retain them.
Our CHRO guide to workplace flexibility explores how implementing this approach can help you not only attract talent but keep them engaged for the long haul.
Why are people job hunting in 2023?
| What’s the main reason you’re considering switching jobs in 2023? | |
|---|---|
| Career progression | 28% |
| Work flexibility | 28% |
| Compensation | 13% |
| I am not being recognized for my work | 9% |
| To find a better culture and values fit | 8% |
| I didn’t have a strong working relationship with my manager | 5% |
| I don’t feel a strong sense of belonging | 4% |
| Corporate benefits | 2% |
| Other | 3% |
Source: 2023 Engagement and Retention Report
For the first time in six years of research, work flexibility is tied with career progression as the top reason for job hunting. However, employees seeking flexibility also want engagement. Hybrid workers, despite their flexibility, report lower engagement and higher turnover.
The key? Providing choice. Flexibility with control can make all the difference.
What can CHROs do to improve work flexibility?
As workplace flexibility becomes a key driver of employee retention and satisfaction, CHROs need to navigate the complexities of offering meaningful options. But it’s not just about offering flexibility — it’s about giving employees the freedom to choose how, when, and where they work.
In our CHRO guide to workplace flexibility, you’ll learn:
- Learn how to get buy-in from your C-suite
- Understand why focusing on choice is more impactful than a one-size-fits-all hybrid approach.
- Discover how asking employees directly about their preferences can help create a flexible yet cohesive policy.
To stay ahead of the competition and truly meet your employees’ needs, flexibility is key. Ready to create a workplace that attracts, engages, and retains top talent?
Download the CHRO guide: Workplace flexibility to attract and retain for expert insights and actionable steps to transform your work environment and drive lasting success.
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