At a glance
Office value proposition
“One thing I’ve read about is organisations developing what’s called an 'office value proposition'. In other words, trying to create a quantifiable benefit to encourage more time in the office. This is gaining traction because it tends to maximise collaboration and focused individual work.
It should optimise resources and it should also improve productivity. In terms of matching the work duties to the ideal setting, companies are asking: what level of collaboration does each task require?
What level of individual work does each task require? What resources does each task require? And how does each employee work best?”
Prioritise work wellbeing
“With balance, flexibility and purpose becoming key priorities for many employees, organisations will need to adjust their talent-attraction strategies. Interestingly, progression is not a top priority for a lot of employees.
47 per cent of workers said that they are not focused on progression at all, which I found really interesting.”
“I believe companies should be highlighting the unique elements of their culture – people want to know how it feels to work in the business.”
Work benefits are essential
“I think one of the key things for employers is that they must recognise that additional benefits are not just a bonus. They are a must. These don’t have to be monetary – they just need to have value to the demographic of candidates they’re looking to attract.
For example, extra loyalty leave or a more generous or considered maternity and paternity leave policy might be attractive to a certain demographic.
“I think the majority of employers are still thinking in traditional terms when it comes to benefits, and the report showed that the benefits employers are offering this year to retain valuable employees included flexibility, professional development and performance bonuses.”
Working from home still rates highly
“Organisations that are refusing to flex will see a fallout in their retention rates.
Some of the data shows that up to 76 per cent of all employees would be ready to go elsewhere if their company puts an end to working from home. That absolutely needs to be considered in the year ahead.
As an employee, with skills in demand, you do still have bargaining power – but it’s important to avoid pricing yourself out of consideration.”
