Flexible working will be a key retention tool in 2005, with 84 per cent of employees saying they are ready to leave their jobs if offered a better work-life balance.
A survey by Woodhurst recruitment consultants of 250 staff, mainly in management positions, found that the desire for flexible working was almost as big a draw as greater pay, with 88 per cent saying they would move jobs for more money.
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Geraint Evans, management consultant at Woodhurst, said the survey revealed that the margin between the appeal of flexible working and more money was a lot narrower than many employers assumed.
“The message is clear – offering your staff more flexibility in how they work can be as effective a retention strategy as throwing money at the problem,” he said.