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Flexibility More Valued Than $$$ Among Employees

[ 0 ] Sep. 29, 2011 | SBO Editor

More than 2 in 5 (42 percent) working adults are willing to give up some percentage of their salary for more flexibility at work, according to an online survey of 1,071 working adults nationwide conducted on behalf of Mom Corps, a staffing firm.  The average cut they said they were willing to take was 6 percent.

Surprisingly, working men (12 percent) were twice as likely as working women (6 percent) to say they would be willing to give up more than 10 percent of their salary to receive more flexibility.

The 18-34 age group was up to three times more likely than other age groups to give up more than 10 percent of their salary, the survey found.

But it’s not just about the money. Flexible hours are also an effective recruiting carrot. The survey showed that flexible work options are significantly important to working professionals as a deciding factor when taking a job.

More than 3 in 5 working adults (62 percent) agreed that flexibility is one of the most important factors they consider when looking for a new job or deciding what company to work for.

Workplace flexibility also helps retain workers once they’re onboard. Nearly 4 out of 5 working mothers (79 percent) and working fathers (77 percent) said they would stay with a company longer if it offered flexible work options.

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Category: Features