When you think of the most flex-friendly companies, who comes to mind? Google? Facebook? The latest tech company to launch out of California? Often it is tech-based companies that lead in the future of work space, offering enviable perks to employees as a means of attracting talent in a competitive space.
However, as the global war for top talent heats up, other more "traditional" organizations are looking at how they too can flex their work spaces to attract top talent, engage and retain valued employees, boost productivity, and reduce costs.
In a report on flexible work, PwC examines what this means for financial institutions in particular. They highlight how banks might overcome some of the potential barriers to implementing flexibility such as biases around face time, regulatory requirements and coordinating flexible schedules by building a system that integrates flexibility into the corporate structure rather than just bolting "flex time" onto existing programs.
As financial institutions continue to evolve, especially with the rapid changes in the fintech space, these organizations will need to adapt not just how they do business but how their organizations can integrate the flexibility to retain top employees that will drive the changes they're looking for.