2014 Labor Market Trends Reflect Changing Views on Workplace Flexibility
PHILADELPHIA, Aug. 27, 2014 /PRNewswire-iReach/ -- Mom Corps, a national talent acquisition and career development firm, today recognized major trends in the labor market are indicating changing views on workplace flexibility. These trends offer insight to the changes in thoughts and attitudes about workplace flexibility and aim to strengthen the conversation around workplace flexibility as a talent strategy that benefits both employees and their organizations.
"The war for talent is brutal and companies are realizing that flexibility is the key to recruiting and retaining top talent," says Mom Corps Founder and CEO, Allison O'Kelly. "These statistics prove that companies are catching on!"
Mom Corps finds the following key trends notable in regards to telecommuting, flextime and flexible staffing.
- Multiple days per week telecommuting (not including self-employed) increased 79.7% from 2005 to 2012. (GlobalWorkplaceAnalytics.com)
- By 2016, 63 million Americans will be working virtually, up significantly from 2010′s 34 million. (Forrester Research)
- Telecommuters are almost twice as likely to work more than 40 hours per week. http://www.incmagazine-digital.com/incmagazine/201304/?pg=34#pg34
- Online Staffing Forecast to Exceed $16B by 2020 (Staffing Industry Analysts 2014 Online Staffing Forecast to 2020)
- Those who telecommute experienced the following benefits: 82% experienced lower stress levels; 80% had higher morale; 69% missed fewer days from work; and 70% had increased productivity. (PGi Telework Week Survey 2014)
- 58% of working adults agree they would get more work done if they had the ability to work from home occasionally, compared to 53% in 2012.
- 72% of employers say teleworking has a high impact on retention rates. (PGi Telework Week Survey 2014)
- 80% of employees consider working from home at least part time as a job perk. (PGi Telework Week Survey 2014)
- 58% of employers say they plan to hire more temporary, contract and part-time workers in the next five years. (McKinsey Global Institute U.S. Jobs Survey)
- 40% of the workforce will be made up of freelancers by the year 2020. (Intuit Prediction)
- 64 million U.S employees holds a job that is compatible at least part-time telework. (GlobalWorkplaceAnalytics.com)
- 59% of employees believe the freedom to telecommute at least part-time is ideal. (PGi Telework Week Survey 2014)
- 73% of working adults agree that flexibility is one of the most important factors they consider when looking for a new job/deciding what company to work for, and in fact 39% of working adults have considered leaving or have left a job because it wasn't flexible enough (Mom Corps Bi-annual Workplace Survey)
- 45% of working adults willing to give up some portion of their salary for more flexibility at work, benefiting both the company and the employee. (Mom Corps Bi-annual Workplace Survey)
- Flexible work schedules are rated the most valuable benefit option among executives; the next most valuable is the ability to telework. (2014 BlueSteps Work-Life Balance Report)
- If those with compatible jobs and a desire to work from home did so just half the time, a typical business would save over $500 billion a year in real estate, electricity, absenteeism, and turnover and productivity, or more than $11,000 per employee per year. (GlobalWorkplaceAnalytics.com)
About Mom Corps
Mom Corps is a national professional staffing company that specializes in professional job opportunities that offer job seekers better work-life satisfaction and as such, enables our clients to attract and retain experienced, high caliber talent that is proven to be more productive to their organizations.
Our approach has been recognized in the news media (TODAY show, Wall Street Journal, CNN, Forbes) and awarded on a national level (EY Entrepreneurial Winning Women, Working Mother, The Inc. 500, Conference Board). For more information visit www.momcorps.com
Media Contact: Allison O'Kelly, Mom Corps, 888-438-8122, firstname.lastname@example.org
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SOURCE Mom Corps