A naukri.com initiative
Hrdive
3d
60
Image Credit: Hrdive
Unpredictable schedules may drive absenteeism, turnover
- 62% of surveyed U.S. employees lack high-quality work schedules, impacting productivity and turnover according to a Gallup report.
- High-quality schedules are defined by predictability, stability, and control over aspects like hours and days worked.
- Unpredictable schedules lead to costs for businesses due to turnover and absenteeism, affecting worker income and consumer spending.
- A Gallup survey on 18,000 U.S. workers shows that 27% face unpredictability, 28% experience instability, and 41% lack control over their schedules.
- Part-time workers and those with lower education levels are more likely to have low-quality schedules, impacting their finances, health, and family life.
- Workers with low-quality schedules report conflicts between work and personal life, financial struggles, and higher turnover rates.
- Research suggests that high-quality schedules can reduce turnover and labor costs while boosting sales.
- Amidst stabilized RTO rates, flexible work models like hybrid options are crucial for talent retention and meeting employee preferences.
- Flexible work setups cater to the needs of caregivers like 'sandwich generation' moms and adapt to the changing demands of job seekers, particularly Generation Z workers.
- Employers are adapting to workers' preferences to address social determinants of work and support employee well-being.
Read Full Article
3 Likes
For uninterrupted reading, download the app