WHY EMPLOYERS NEED WORKPLACE FLEXIBILITY
Content prepared by the Sloan Center on Aging & Work at Boston College

Businesses have much to gain from implementing workplace flexibility broadly. Many business organizations report that the recruitment and retention of a skilled and talented workforce is one of the most important challenges in today's business environment. Organizations with higher levels of employee satisfaction are able to recruit and retain valuable and engaged employees who are less stressed and more committed and productive, which in turn leads to more satisfied customers, higher profits, and a better return for shareholders. (21)(25)(73)(80)

Top business reasons given by private business organizations for offering employees the option of working from home are to increase organizational flexibility (68%), retain workforce/widen the talent pool (55%), and to meet employee demand (54%), according to a recent global survey. (22)

Among U.S. state agencies, for "nearly two-thirds of (63.2%) stated that they offer flexible work options because they believe it improves employee morale." Other reasons include: to help employees manage work and family life (67.2%), to do the right thing (64.3%), to respond to requests from employees (64.3%), and to retain employees in general (62.7%). (62)

Top Motivators to Establishing Flexible Work Options

Percent of Respondents Motivated to Adopt Flexible Work Options to a "Moderate" or "Great" Extent