Thought Leadership on Integrated Workplace Management Systems presented by iOFFICE.
We’re still in the early months of 2016, but we’re already seeing several new workplace trends emerge. As a business leader, you’re committed to being a pacesetter, an innovator and someone who leads a thriving workplace year-round. To beat your objectives in attracting and retaining quality talent, outperforming competitors and ensuring continued customer satisfaction, you have to stay ahead of the curve.
To help you exceed your goals this quarter and prepare for continued success, we’ve compiled a list of the seven trends we believe will reshape the workplace in 2016.
Business trend no. 1: Flexible hours as a standard
Schedule inflexibility is one of the top reasons millennials quit their jobs. In the next four years, Millennials will make up an estimated 46 percent of the entire U.S. workforce — so keeping them happy is critical. But millennials aren’t the only ones looking for flexible scheduling and work-from-home opportunities. Worldwide, 43 percent of workers said they were willing to take flexible work hours over a pay raise.
Business trend no. 2: Collaborative environments
Here’s some food for thought: 64 percent of all employees feel they do not have a strong work culture. Furthermore, Forbes reports that 88 percent of millennials prefer a collaborative work culture over a competitive one.
Collaborative environments foster creativity, community and shared accountability. These happier, healthier work environments also inspire employee loyalty. If organizations want to move toward a more collaborative environment, they must find ways to build trust between employees and management, increase communication, and create a shared vision or purpose.
Some tips for achieving this environment include:
- Re-define your organization’s mission statement with input from your staff.
- Consider an open office.
- Equip your employees with advanced communication and conferencing tools.
- Host events that encourage socialization among employees.
Workplace trend no. 3: Remote-first, not just remote-friendly
According to BetaNews, 45 percent of U.S. employees now work from home — and of that percentage, 32 percent are over the age of 55. In other words, millennials aren’t the only generation seeking remote employment opportunities.
Giving employees the freedom to work remotely empowers them to perform responsibilities in a way that best suits their individual needs and improves work-life balance. This has a trickle-down effect that impacts overall business performance.
Still not convinced? Check out these stats from Remote.co on remote-first business:
- About 67 percent of managers say remote employees increase their overall productivity.
- 30 percent of employees said remote working allowed them to get more done in less time, while 24 percent said they could accomplish more in the same amount of time.
- 80 percent of workers surveyed said overall office morale increased.
- Job attrition rates decrease by more than 50 percent in some cases.
- Aetna saved $2.7 million in operational costs by adopting a remote-first policy.
- American Express saved between $10 million and $15 million with remote-first.
- 87 percent of remote workers reported feeling more connected with colleagues and supervisors.