As Australian employers continue to ask employees to come back into the office, workers are swinging the other way. They’re asking for new flexible benefits that’ll see them work less hours or less days for the same pay, according to new independent research by specialised recruiter Robert Half.
Key findings of the fascinating research include:
- 69% of Gen Z and Gen X respondents said they’d be keen for a four-day work week (compared to 63% of Millennials and 57% of Baby Boomers).
- 65% of Aus workers want a four-day working week with retention of salary…
- Followed by 63% who want shorter working days with the retention of salary…
- And 58% who would like a contracted early finish on Friday afternoons.
The research revealed that flexibility in the form of where and when employees work has already been widely adopted by businesses. Almost three quarters (72%) offer flexible working hours for all staff, while almost half (48%) allow working from home.
Despite this, findings reported that 93% of Australian employers plan to implement more flexible benefits this year.
Nicole Gorton, director at Robert Half, commented: “Flexibility, in its many shapes and sizes, remains a top demand for employees of all generations. Companies must adapt to this new reality to stay an attractive employer, even if it deviates from traditional workplace norms.
“All generations value flexibility. But Gen Z, having begun their career during the work-from-home and flexibility revolution initiated by the pandemic, have particularly high expectations. Their desire and advocacy for more flexibility could help transform the world of work, ultimately benefiting other generations who also seek flexibility.
“The perks and benefits world has changed and ignoring this shift can lead to losing businesses valuable talent or struggling to attract new hires. Fortunately, flexibility isn’t just about working from home; there are many flexible benefits on offer today.”
She adds that the four-day workweek remains a fascinating experiment; one that holds promise but demands careful consideration: “The appeal of a four-day workweek is undeniable.”
“While increased productivity, a loyal workforce and having an advantage in the job market are known to be key advantages for companies, implementing this business model proves to be a challenge for most due to logistics, the nature of the operations and industry, and the potential to generate less output.”