LinkedIn’s Talent Drivers survey for Quarter 3 2016, found that the most popular driver for IT candidates in Ireland, when considering a job, was work/life balance. 63% of respondents cited work-life balance as a major factor when considering a job.
The next most important driver was the level of compensation and benefits on the job on offer which was closely followed by challenging work and a culture that fits their personality. Bottom of the list for most IT candidates were job security, a company with long term strategic vision, and companies offering internal transfer opportunities.
With the global war for IT talent intensifying, how can you as a company focus on work-life balance to attract the best of the best?
- Do you set realistic targets for your staff?
Setting realistic and attainable targets for your staff is one way of ensuring they don’t have to work long hours and sacrifice weekends in order to achieve your company goals. Before long, many of these hard working staff may start considering their options as your company is not providing them with the level of work-life balance they desire.
- Do you offer flexible working arrangements?
Flexible working arrangements are key to attracting and retaining key staff in your organisation. Flexibility can come in the form of flex time in regards daily starting and finishing times. It also includes the ability to work from home when required. One of the advantages of having flex time in your office means that “morning people” can come in early and finish early. For example, many companies now have the option where you can commence your workday at 7.30 a.m and finish up at 3.30 pm. This means workers spend less time commuting, are happier and more productive in the workplace.
Other flexible working arrangements include the option to reduce your working hours or to work part-time in order to facilitate an employee’s specific circumstances.
You may also be given the option to compress a 40-hour workweek into four days (for example) if required. Other flexibility options offered by some companies include job sharing and the banking of work hours.
The myriad of options in regards flexible working arrangements are endless but the most important take-away in this regard is that you should consider looking beyond the traditional 9-5 approach in regards work hours when attracting and trying to retain new talent.
- Do you offer various leave options?
Attractive options in this regard include educational leave, family leave and sabbaticals.
Work-life balance is not only the most popular driver in Irelands IT sector for attracting and retaining IT staff but it also increases morale which in turn leads to increased productivity and less absenteeism in your workforce.