In a recent survey conducted by Selby Jennings, we gained valuable insights into the preferences of 1,547 Fintech professionals regarding remote work options. The results revealed that 717 respondents (46%) expressed their unwillingness to accept a job without the option to work from home, while 420 (27%) stated they might consider it. However, it's important to acknowledge that not all companies can provide full-time remote work options. At Selby Jennings, we have explored the significance of flexible working options beyond remote work and how they can help attract a larger talent pool. By accommodating various flexible arrangements, businesses can meet the needs of candidates while still fostering a productive and engaged workforce.
The Power of Flexibility
While remote work is highly sought after, it may not be feasible for all positions or industries. However, by offering alternative flexible working options, companies can still demonstrate their commitment to work-life balance and adapt to the evolving needs of professionals.
Alternative Flexible Working Options
Flexitime: According to our survey, 46% of Fintech professionals indicated their preference for remote work. However, if remote work is not possible, offering flexitime can be an excellent alternative. Flexitime allows employees to have control over their daily work schedule, enabling them to adjust their hours to accommodate personal obligations or preferences.
Compressed Workweek: Of the respondents, 27% stated they might consider a job without remote work options. Implementing a compressed workweek can be an appealing solution. This arrangement condenses the standard 40-hour workweek into fewer days, allowing employees to have longer consecutive periods off, providing greater work-life balance.
Part-Time or Reduced Hours: For the remaining 27% who would not consider a job without remote work, offering part-time or reduced-hour positions can be an attractive option. This flexibility allows candidates to balance personal commitments, pursue education, or engage in other interests while still contributing to your organization.
Job Sharing: While not explicitly mentioned in the survey, job sharing is another alternative that can accommodate candidates' preferences for reduced hours or flexibility. By sharing responsibilities with a colleague, employees can strike a balance between work and personal life while maintaining challenging and meaningful roles. Click here for more information on the benefits of job sharing and how to implement it.
Adapting to Candidates' Needs
At Selby Jennings, we understand that businesses have their operational constraints and limitations. However, by incorporating flexible working options into your talent acquisition strategy, you can appeal to a larger pool of candidates who prioritize work-life balance and flexibility. Our experienced team can help you identify top candidates in Fintech who value flexibility and match them with roles that align with their preferences.
Looking to hire?
To discuss your talent acquisition needs and explore how Selby Jennings can assist your organization in attracting and retaining top talent through flexible working options, we invite you to request a call back. Our team is ready to understand your unique requirements, provide valuable insights, and partner with you to create a recruitment strategy that aligns with your goals.
Embrace flexibility, unlock a larger talent pool, and position your organization as an employer of choice in the crowded dynamic Fintech industry. Take a step towards building a more adaptable and successful workforce today by sending us your vacancy.