Cracking the Code to Employee Retention

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Welcome to our monthly newsletter, A Workplace Shift!

A Workplace Shift delivers curated content to guide you in establishing a workplace that works for everyone.

So, shall we get to the shift?

Women @ Work Insights

Deloitte just released its Women at Work 2023 Report, and here are 5 things we learned:?

1. 30% of women surveyed worldwide said flexibility is more about when they work, and it was much more important to them than flexibility around where they work.
2. Flexibility leads to a higher degree of employer loyalty, with 2/3 of women in highly flexible work arrangements saying they plan to stay with their company for more than 3 years.
3. Women don’t feel comfortable taking advantage of flexible work options – 97 percent believe requesting or taking advantage of flexible working would affect their likelihood of promotion.
4. Burnout rates have dropped, non-inclusive behaviors have declined, and hybrid work experiences have improved.?
5. Just 5% of women view their employers as leaders in gender equality.?

"Women are a vital cohort in the workforce. When organizations prioritize improving women's experiences, they are more engaged, more productive, and have increased employer loyalty." Read more here: Deloitte

Women @ Work Insights

The #1 reason women are considering leaving their employer is due to the lack of flexibility in hours - not location.?

Flexible work is crucial for productivity and engagement. Managers must prioritize flexibility as an incentive to remain competitive.

An example of providing flexibility in hours is providing working mothers with the ability to start work earlier in the day so they can be home when their children get home from school.

Remember that there isn't a one size fits all solution. Listen to your employees' needs for success and find flexible solutions that align with the company's goals. Read more here: Deloitte

Boulo Updates

Boulo is the recruiting industry’s go-to resource connecting results-driven employers with a diverse pool of talent – including women, mothers, and caregivers- looking for flexibility.

Post a Job today: https://bit.ly/3Jfd5Rz

Links to Tap Into: Workplace Culture

• How to Build a Thriving Workplace Culture:?"In a competitive job market, prioritizing a healthy work culture helps attract and retain top talent." The HR Digest?
• Break the Stigma: Build a Culture that Supports Mental Health: "We are human beings first and always—even at work. It's imperative to build a culture that supports mental health." Corporate Wellness Magazine
• The Business Case For DEI: "From attracting top talent to fostering a more collaborative and creative workplace, the benefits of DEI are clear." Forbes

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