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The need to improve recruiting and retention has affected employee benefits and workforce absence management rather considerably these past two years, in some cases resulting in more liberal policies on hybrid work, paid time off (PTO) and observed holidays. These same employers are also providing additional paid holidays and PTO.
— 2) Paid Time Off (PTO) & Holiday Time Off. Employees need time away fromwork to recharge and relax. Offering a generous and flexiblePTO plan and time off for Holidays is a great way to allow employees to spend time with their families when it matters. — 3) WorkplaceFlexibility.
This is why many companies are becoming flexibleworkplaces , offering such work arrangements as: Options for 100% remote work Hybrid work (employees have demonstrated a willingness to come to the office when it’s justified and the reasoning is communicated well) Flexible schedules Shortened work weeks Flexible or unlimited paid time off (PTO).
If a mentor regularly meets with their mentee throughout the quarter or vice versa, consider giving them additional PTO or adding in a mentorship bonus at the end of the year. Offer flexibility, not just pay incentives. Millennials may prioritize growth potential above all else, but they also prioritize balanced work and home lives.
What is flexibility in the workplace? Flexibility in the workplace is every organizational practice or policy that empowers employees to balance their professional and personal lives more effectively. Workplaceflexibility can reduce expenses for employers as well.
employees in applicable roles plan to pursue permanent remote or hybrid work in the near future. What is driving workplaceflexibility? Employees prefer no commute and, instead, have enjoyed greater work-life balance. Are you curious about introducing flexibility into your workplace, but aren’t sure where to start?
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