The CIPD (Chartered Institute of Personnel and Development) has published a Report called ‘An update on flexible and hybrid working practices’.
This Report explores the challenges, implications and benefits for employers and employees in relation to flexible and hybrid working.
The Covid-19 pandemic has had a significant impact on working life from both an employer and employee perspective. According to the CIPD:
With more than a third of organisations experiencing an increase in requests for flexible working, together with a significant rise in working from home requests, employers are facing a number of challenges in balancing the needs of the business (actual or perceived) and their employees’ wishes.
The main benefits of a flexible and hybrid working policy for employers can include an increase in productivity, a higher staff retention rate and an improved ability to attract new employees.
Employees benefit from a better work-life balance, improved job satisfaction and improved health and wellbeing.
There are, however, a number of risks for employers, including:
In developing a flexible and hybrid working policy, to limit risks to the business, employers should:
For further advice on flexible and hybrid working policies, please contact Ashfords’ Employment team.