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Flex-Work More Important Than Pay

Employers take note: workers consider telework-enabled schedule flexibility as one of the most desired benefits. As the FT reports, many employees even value it more than a high salary:

Clive Davis, director at recruitment specialist Robert Half UK, [acknowledges] that benefits around flexible working are the most desirable: “The ability to work flexibly from home is often valued above a greater salary…”

The Chartered Institute of Personnel and Development found in its 2012 Reward Management Survey that flexible working was the most desired employee benefit followed by generous annual leave and training and career development.

Ben Willmott, the CIPD’s head of public policy, believes the business case for providing flexible working is clear, with benefits including increased retention, lower levels of absence and higher levels of job satisfaction and engagement.

We’ve known that telework is popular with workers, but the idea that it might supplant pay as the most desirable job benefit is big news. It makes sense though: No one likes their commute, and Americans spend an average of 25.4 minutes each way every day making their way to work. Telework saves employees’ time and money, and it allows employers to cut their real-estate costs.

The reasons to offer telework are mounting. As millennials who were weaned on communications technology start entering the job market, expect demand for telework to continue to rise.

[Telecommuting image courtesy of Shutterstock]

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