Remote work isn’t just for tech companies or overseas workers anymore. If you want to start drafting a flexible work policy for your business, check out these five ways to make your workplace more flexible and appealing to employees. Even if small business owners can’t always compete with the salaries of large corporations, they can make their offers more attractive by providing a good work-life balance, because most employees want workplace flexibility.Įditor’s note: Looking for a time and attendance system for your business? Fill out the questionnaire below to have our vendor partners contact you about your needs. Work-life balance is a big draw for today’s workers, especially for millennials, who are the most likely to take a pay cut if it means more flexibility and freedom, according to a study by Fidelity.
Thankfully, there is an effective alternative for attracting and keeping excellent employees.Ī flexible work policy is a low-cost way to make your compensation package stand out, and you shouldn’t underestimate the power of such policies. Many small business owners feel they can’t compete with bigger corporations because they’re unable to offer the same types of compensation packages. One of the biggest challenges small businesses face is attracting and retaining top talent. This article is for small business owners, HR managers or executives who want to offer benefits other than a higher salary to recruit top talent.To be effective, flexible work policies should be communicated and executed correctly.There are several types of flexible work policies, so your company can pick what works best for your office environment.Flexible work policies are a good way to attract top talent.