Home Working Amongst Most Sought After Office Perks
A new survey which has just been released by Officeology has revealed that home working and flexible working are amongst the most sought after office perks.
Officeology Survey
Whilst sick pay was found to be the most desired office perk, home working came in second and flexible working sixth.
The survey was conducted by analysing the reviews left by employees of the top 10 employers, as listed within Glassdoor’s league table.
Other Surveys
The results of the survey reinforce the findings of other recent research. A survey by Bloomberg Intelligence of 500 office workers located in London, for instance, found that 73% would leave their current job if the ability to engage in home working was removed. The costs of commuting, moreover, were found to be a major factor behind this, with 67% stating that the high costs involved in commuting were a reason for not wanting to return to full time office working. The amount of time involved in commuting was also a factor (56%). Nevertheless, 60% of the respondents stated that were their employer to offer them a salary increase, then that would encourage them to return to the office
Furthermore, research conducted by Gallup found that only 6% of those engage in home working or hybrid working would want to return to office working full time.
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Commenting upon the results of their research, Officeology CEO, Adam Butler, stated: "The pandemic has....highlighted the benefits of remote and flexible working. Pre-covid, it was rare to see job adverts that offered remote, hybrid or flexible working. However, it has become far more prominent, and I believe this is because it’s been proven to be effective. It benefits the companies, as they are able to hire people from further afield, giving them more scope to find the right talent for their team. Furthermore, it benefits the employee, enabling them to spend more time with their family, reducing the amount of time spent commuting, making school runs manageable and, ultimately, saving them money on child care."
Butler adds: "Not only does this create an ideal work/life balance, but it will help increase productivity and wellbeing within your staff, which could potentially reduce the amount sick leave people take and encourage people to stay at a company for longer. It’s important for companies to recognise and implement the benefits workers find most attractive. By doing so, it will encourage a higher rate of staff retention, increase productivity and, overall, improve performance of both the employees and the company."
58.2% Of Workers Intend To Acquire Additional Source Of Income
In a recent article, we reported that:-
- a new report from Qualtrics found that 34% of workers have already looked for second jobs in order to boost their income, due to the cost of living crisis
- A report from Censuswide (on behalf of Unum), found that 16% of workers (which equates to 4.5 million workers) intended to search for a second job as at the time of the release of that report (December 2022)
Now, new research conducted by CV-Library has found that an incredible 58.2% of workers are planning to take on what it calls a 'side hustle' in 2023. Amongst those looking to take on a side hustle, 76.6% of them are doing so to address concerns about the cost of living crisis, whilst the motivating factor for the remaining 23.4% is job security
Commenting upon the findings, the CEO of CV-Library, Lee Biggins, stated: "As the economic uncertainty looks set to continue, it’s understandable that so many employees are considering new ways to supplement their income while prioritising their job security. With unemployment levels at record lows, supporting employees’ side hustles could boost staff loyalty and help retain key talent.....[Nevertheless,] the benefits of increased motivation, productivity levels, and mental health along with reduced sickness levels could be counterproductive if staff are dedicating their downtime and attention to a side hustle."
