EY Survey Finds That Employees Would Quit Their Jobs If Not Provided Flexible Working Arrangements

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A survey conducted by EY has found that more than half (54%) of the employees surveyed from around the world would consider leaving their jobs if they were not afforded flexible working arrangements in a post-COVID world. The survey found that 9 out of 10 employees want flexibility in where and when they work.

Given the choice, more than half of employee respondents (54%) would choose flexibility in when they work. By comparison, 40% want flexibility in where they work. On average, employees would want to work between two and three days remotely after the pandemic. When pandemic restrictions ease in their countries, 22% would prefer to work full time in the office, with 33% of employee respondents saying they want a shorter working week altogether. More than half (67%) believe their productivity can be accurately measured irrespective of location.

EY 2021 Work Reimagined Employee Survey
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The survey also noted that the COVID-19 pandemic has shown that flexibility can work for both employees and employers and, as a result, flexible working is the new currency for attracting and retaining top talent. Almost half (48%) of respondents noted that their organizational culture has changed and improved during the course of the pandemic while only 31% believe it has worsened.

The survey also suggested that continued technology investment is the key to ensuring effective flexible working arrangements as respondents said that they want better technology both in office and at home.

The survey conducted by EY gathered views of more than 16,000 employees across 16 countries and multiple industries and job roles. Millennials represented more than half of all respondents.

Full details on the survey are available on the EY website.

Accounting Firms To Offer Flexible Working Arrangements To Staff

BDO has become the latest accounting firm to tell its staff that they can choose where they work from in a post-pandemic world. The mid-tier firm noted that their staff will have a choice to work from either home or office when life returns to normal. Staff will also be given either additional week’s holiday or an extra week’s pay as recognition for the work and commitment during the COVID-19 pandemic. BDO also noted that it will also be making an investment to refit their offices to create vibrant hubs to support news ways of working along with an increase in their technology spend.

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Earlier in the year, PwC announced that it will allow its staff to work flexibly after the COVID pandemic. The firm said that it was rolling out a flexible working policy that will allow its UK staff to personalize their working days and finish early on Fridays during the summer months.

In addition, KPMG told its staff that they can leave early one day a week as part of a move towards more flexible working after restrictions are eased. The firm also said that staff will work at KPMG offices for four days each fortnight with the rest of the time at either home or client sites.

Deloitte are also expected to offer a hybrid working model for their staff, however, the details of this arrangement have not been announced by the Big 4 firm yet.

Meanwhile, the Sun and BBC have also reported that nearly all of UK’s biggest 50 firms plan to offer flexible work-from-home arrangements for their staff after the pandemic.

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