What Top Talent Looks for in a Company
The women-in-business advocacy organization Catalyst recently surveyed 726 "high potential" employees--MBA graduates of both genders working at non-profit and private companies full-time--about their experiences with flexible work programs. Here are three noteable findings from the survey.
1. Flexible programs may be more popular than you realize. Despite high-profile denouncers like Yahoo, flexible work arrangements have become the "new normal," according to surveyors. Among the sample of surveyed employees, 81 percent reported that they were currently working at a company that offered some kind of flexible work plan.
2. Flexible programs attract high performers. According to the Catalyst survey, employees working at companies with flexible work arrangements have higher career aspirations than their less-flexible counterparts. Of the employees working at firms with flex programs, 90 percent aspire to senior executive level positions--compared with 77 percent of employees at companies that offer no flex programs.
3. Lack of flexibility costs you. On the flip side, employees--particularly female employees--with less workplace flexibility were more likely to "dial down" their career aspirations. 57 percent of women working at companies without flexible work programs admitted to downsizing their career plans as compared to 33 percent of their counterparts with flex access.