The power of flexibility: a key enabler to boost gender parity and employee engagement
The Power of Flexibility is the fifth in a series of landmark gender parity surveys by global management consulting firm Bain Company and Chief Executive Women, Australia's pre eminent organisation of 360 senior women leaders. Over 1000 members of the Australian business, government and not for profit community responded to the survey about their use of flexible work arrangements and their perceptions of their organisations. In order to advance gender equality in the workplace, flexible work arrangements must be available to and actively supported for both genders. Currently less than 50% of Australian organisations have a workplace flexibility policy and even when such policies exist, there are barriers to effective utilisation. The right culture and active support are fundamental to improving employees' experience of flexible working. Male and female respondents to the latest Bain Chief Executive Women Survey agreed that proof of the potential to progress one's career, visible commitment by the CEO, leadership and colleagues, and respect for boundaries are the most important factors in their experience of flexible working. Where flexible arrangements are widely used, all employees are four times happier than in organisations with no flexible options. However flexible work arrangements are not driving advocacy or confidence for men, despite strong interest in their uptake. Bain and CEW have identified several key actions to normalise and accelerate the success of flexible working. Organisations must: Actively encourage and role model the uptake of flexible work arrangements Ensure flexible arrangements are supported and working successfully for both genders Create the right culture and support employee priorities of career progression, visible support from the CEO, leadership team and colleagues, and respect of boundaries Create clear policies around promotion and compensation when working flexibly Ensure technology and an agile work environment are in place and working well