Today technology companies have to compete harder to find the most relevant skills in an ever changing and dynamic business world. Hiring for niche skills is one of the top focus areas for HR leaders today.
Research and discussions by Talent Neuron with HR and Engineering leaders has brought out the consensus that retaining workplace flexibility will help companies attract and hire the most talented people in the market today. Through this work model companies can build trust and send positive signals to their employees to deliver better work results.
Advances in technology allow employees to collaborate and communicate from different places, even remote locations. It is estimated that by 2016, 40-45% of white collar workers in America will spend 30-35% of their working time outside the office. Talent will not be office/location centric in future enterprises.
A survey by Talent Neuron indicates that more than 35% of engineering leaders (Director levels and above) in companies are apprehensive of flexible work models. Key concerns indicated by them include-
- Technology makes video conferencing possible but the time taken to ensure all people participating in the meeting are online is between 10-15 minutes. This tends to become a deterrent to flexibility
- Employees opting for flexible workplace models are expected to develop different skills and communicate better than the rest
- Even if one email goes unanswered, this can lead to unpleasant results such as SLAs not being met
Workplace flexibility is a strategy towards effective talent management. The model leads to building trust among employees of an organization, fosters innovation and leads to cost savings. Once an organization figures out how to deal with its limitations, workplace flexibility can be a winning strategy for a company in attracting and retaining top talent.
To read our complete report – Flexibility – A Serious Business Imperative, please follow the link below: