A recent study by YouGov and Applaud has found that nearly three-quarters (72%) of businesses are at risk of losing young workers as a result of below-par workplace experiences.
According to the data, only 28% of UK businesses are equipped to attract young workers and accommodate their needs. So how can business leaders and HR teams ensure that their companies are meeting the needs of young workers?
1. Remote, Flexible and Hybrid Working
A 2022 global study from Kantar found that 86% of Gen Z respondents cited hybrid working as a deciding factor in staying or choosing to join a company. However, the YouGov and Applaud survey found that while some organisations are meeting increased demand from young workers for these new models of working, many others are struggling to adapt.
How can HR Teams help companies adapt to flexible and hybrid working?
Whilst the idea of flexible and hybrid working has been around for a long time, there is no doubt that the pandemic accelerated this way of working, bringing it to the forefront of what young workers look for when it comes to their employment choices. But for HR professionals, flexible or hybrid working may be a daunting prospect. There are so many aspects a company needs to consider and put in place before they can be confident that such initiatives will bring positive change.
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