Member Article

HR bosses increasingly look to offer remote working

Nearly three in four UK HR directors are concerned about losing top performers from their companies over the coming year.

A study of 1,800 HR directors by recruitment agency OfficeTeam, reveals that staff are being offered incentives such as remote-working.

38% of UK HR directors are offering or planning to offer flexible working hours to employees, compared to 28% in Continental Europe, and 15% in Asia.

Phil Booth, Director, OfficeTeam said: “Retaining top performers is often a pivotal element in a company’s growth strategy, however, during uncertain economic times when additional financial rewards are limited, companies need to be able to offer alternative incentives to top performers.

“Work-life balances becoming a priority for employees and for firms looking to attract and retain the best staff.

“Companies need to focus on aspects of the work-life environment that are important to employees, such as telecommuting and flexible working.

“Technological advancements continue to make it easier to work remotely. More companies are embracing flexible working arrangements as a cost-effective way to motivate, reward and retain valuable staff members – many of whom continue to face inactive salary growth, mounting commuting costs and other expenses.

“It can also provide cost savings to organisations facing rising real estate expenditure and lost productivity due to illness.

“Furthermore, as companies look to manage employee disruptions during the Olympics, adopting a remote working practice now can help ensure that business priorities remain on track.”

Elsewhere, HR directors in Continental Europe were less concerned about losing staff (52%), followed by 50% in Asia.

This was posted in Bdaily's Members' News section by Tom Keighley .