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Thursday, March 16, 2023

FlexAppeal: How Flexible Work Policies Keep Us Connected and Energized


Bend it like a pro: Staying flexible keeps burnout at bay and teams in sync

The latest report from Future Forum is out, Future Forum Pulse.  This winter snapshot of the state of the workplace talks about employee burnout, how investing in technology impacts employee relationships, and much more.

The report is available, here and focuses on flexibility as a driver for employee satisfaction and burnout.  Technology is obviously a determiner as is geography.

I've summarized some of the content, with the assistance of GPT4, here for you, dear reader.

The study supports ideas we've known to be true for three years and beyond; happy employees make for good employees and more productivity resulting in a deeper corporate culture and growing profits.

Enjoy.
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In recent years, the landscape of work has evolved dramatically, with flexible work arrangements becoming increasingly crucial for employee satisfaction, engagement, and productivity. A notable trend, first observed in August 2022, has persisted, showing that flexible workers—those able to adjust their work locations—are more likely or equally likely to feel connected to their immediate teams compared to their fully in-office counterparts. Moreover, these workers experience a stronger connection to their direct managers and their company's values.
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Employees have identified flexible work policies as the primary factor responsible for improving company culture over the past two years. These policies not only foster a sense of connection but also combat the escalating issue of burnout. Globally, 42% of the workforce reports feeling burned out, marking a 2% increase from the previous quarter and an all-time high since Future Forum began measuring employee burnout in May 2021.

Those who are dissatisfied with their level of work flexibility are 43% more likely to report burnout compared to employees satisfied with their flexible arrangements. This finding underscores the importance of flexibility in maintaining a healthy work-life balance and reducing stress.

Despite concerns from executives that flexible work could lead to declining productivity—cited as their second most serious concern—evidence suggests that flexibility is, in fact, a key driver of productivity. Workers who enjoy schedule flexibility tend to demonstrate greater productivity gains compared to those with more rigid schedules.

Flexible work arrangements have emerged as a vital component of modern work culture. They enhance employee connection to their teams, direct managers, and company values while mitigating the negative impacts of burnout. Furthermore, contrary to the concerns of some executives, flexibility has been shown to boost productivity, particularly among those with schedule flexibility. 

What motivates people to want to come into the office?

Consistent with past Pulse findings, two-thirds of all workers (67%) say they prefer a hybrid arrangement with the option to access a physical space. The top two drivers motivating employees to want to work in the office are collaboration (33%) followed by building camaraderie (23%).

When looked at by job level, the motivation for coming into the office differs dramatically between executives and non-executives. Executives value putting in face time with management at 1.6x the rate of non-executives. Non-executives value building camaraderie at 2x the rate of executives.


How does investment in technology affect employee experience? 

Consistent with quarter-over-quarter findings, people who work at companies they describe as technology innovators continue to show higher employee experience scores on all dimensions(compared with those who describe their employers as technology laggards), including: 
  • 1.6x higher scores on productivity 
  • 2x higher scores on the ability to focus 
  • 2.2x higher scores on the sense of belonging 
  • 2.8x higher scores on overall satisfaction 

Technology also impacts burnout levels. 

Workers who perceive their companies to be laggards—defined as organizations that generally only use technology after it becomes mainstream—are 31% more likely to report feeling burned out at work than those who say the companies they work for are innovators.

In light of these findings, it is apparent that embracing hybrid work arrangements and investing in cutting-edge technology are key components of a successful modern workplace. A majority of workers prefer the flexibility of a hybrid model, with collaboration and camaraderie cited as the main motivators for coming into the office. Interestingly, there is a marked difference in motivations between executives and non-executives, highlighting the need for tailored approaches to cater to different job levels.

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Tweet: "Discover the FlexAppeal! ๐ŸŒŸFlexible work policies boost connections, productivity, and well-being. Say goodbye to burnout and hello to a thriving work culture! ๐Ÿ’ผ๐Ÿš€ Read more: [Link] #FlexAppeal #FutureOfWork #Productivity"

LinkedIn Post Intro: "Flexibility is the name of the game in today's fast-paced work environment. As the workforce evolves, flexible work policies have proven to be a secret sauce for improved connections, productivity, and mental well-being. Dive into our latest article to learn how embracing flexibility can revolutionize your company culture and keep burnout at bay. ๐ŸŒŸ #FlexAppeal #FutureOfWork #Productivity"

Image Prompt: A dynamic, diverse group of professionals collaborating in a bright, open workspace with various seating arrangements, representing the flexibility and adaptability of the modern work environment.

Song Recommendation: "Team" by Lorde - This track emphasizes the importance of collaboration and unity, resonating with the need for strong teamwork in a flexible work environment.

Keyword list: Flexible work policies, employee satisfaction, company culture, productivity, connection, remote work, and work-life balance are all essential components of the modern workplace landscape.

Search Question: What is the impact of flexible work policies on employee satisfaction, company culture, productivity, and connection in the modern workplace?

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Greg Walters, Incorporated
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