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BizHelp24 Edition No. 158
Thursday 15th June
2006

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June 2006 - Small Business News

 


Flexible Working – Are You Maximising Your Opportunities?

If your business has employees then you probably know about the growth in popularity of flexible working. It is quickly becoming one of the most widely demanded forms of benefit for employees, and that demand looks unlikely to stop any time soon.

New research for BT Business shows that more than 75% of 18-29 year olds say it is important for potential employers to offer flexible working options. The research also shows that 43% of 18-29 year olds would consider taking lower pay to be able to work from home; compared to 31% of the over 50’s.

Beatriz Butsana-Sita, of BT Business, said: “For young people today the idea of being in the same office, at the same time, with the same people every day, is just completely out of date. Wireless and mobile technologies and the ability to work effectively away from the office come as second nature to today’s generation of graduates. It’s increasingly something that they expect from an employer.

“The workforce of the future has been brought up with technology as part of their daily lives. Flexible working allowing a better work/life balance is prized over straight economic affluence. It’s something all SME employers should think about. 

A recent DTI survey showed that 70% of graduate job seekers are actively looking for the chance to work flexibly, with almost half considering it the most important benefit the employer could offer.

If you are employing new staff then you need to take notice of these figures, if you do not offer any kind of flexible working then you are likely to miss out on a large number of potential applicants. Flexible workers and home workers have also been shown to be more productive than office based workers. Planning how to utilize and manage flexible working could prove hugely beneficial in the long term, allowing you to attract the best staff and potentially increase efficiency; without needing to increase wages!


Find out more about Employment issues in our You and Work portal.



 

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BizHelp24 – UK business and finance information, news, help and services for small businesses BizHelp24 is a UK business and finance resource providing Small Business Help, Start up Information, news and services; for individuals and Sole Traders. Comprehensively covering a wide range of key business, finance, and service topics. Employment and personal information includes Work Times and Break Entitlement, Body Language, employee Holiday Entitlement and Employment Contracts. Credit Policy information includes Letter of Credit, useful Credit Notes, Business Loans. and Cash Flow Control. Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names,

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