The employee value proposition is fundamentally changing. Pay remains important but employees are placing a higher value on their work-life balance and wellbeing which flexibility fosters. The challenge for employers is to really engage with their people and understand what matters to them.
Industrial relations laws aren’t designed to support the extent of flexibility employees are demanding. To add to the challenge, our research indicates compliance risks for employers who aren’t tracking the work patterns of employees working flexibly.
Implications are emerging for the labour market experiencing labour shortages as a flex divide emerges between workers able to access flexibility in when and where they work compared with onsite workers who are constrained in their options and must report to a workplace often in accordance with a schedule different to what they would choose.
Employers have an opportunity to enhance productivity and win the war for talent if they engage with their workforce and co-design new ways of working with their employees.
Download the report to explore more about Making Fair Work FlexWork.