Top tips for home working: Part 1
So, things have changed a lot recently! We are working from home, and, at least for now, there is no end in sight. Let’s face it, who wants to run...
One of the biggest conversations taking place around the workforce is flexible working and its impact on engagement. Flexible working has impacted every business sector in major ways, so much so that “84% of managers said their firms had adopted hybrid working”. In the insurance industry, it’s even higher, “89% plan to offer a hybrid work model and 45% plan to provide fully remote options”.
You might find yourself asking: What is it? Why is it so important? How does it affect the insurance sector? And what are its challenges? In this post, we are going to give you all the answers to these very important questions and more as we dive into this post-Covid program.
Flexible working is the name given to any type of working pattern which is different from your existing one.
Flexible working arrangements might include:
Although this concept is pleasant and practical, it doesn’t present any level of importance. This is especially the case for the insurance sector.
It’s simple, flexible working leads to better engagement!
Happier Employees + Optimised Working Environment = Better Engagement
Whilst the current stigma from the insurance sector shows a lack of trust in employees still getting work done and continuing to replicate levels of productivity, this isn’t the case. “84% said they are as productive or even more productive compared to a year ago – higher than the global average of 81”.
Employees using flexible working options experience fewer office distractions, are less likely to be absent, and stay with a company longer. Employees are also happier and have reported an improvement in mental health because of the switch to flexible working: “39 percent of those who worked flexibly had benefited from better mental health.”. This is incredibly important for the insurance sector who looks to get the most out of its employees: “Happiness made people around 12% more productive”.
The positives don’t just stop there either. Employers adopting flexible working experience lower costs, an improved brand image, and gain access to a greater pool of talent as they aren’t restricted to local candidates.
Take a look at our tips for working from home!
“In terms of acquiring and retaining insurance talent, we’re in the most competitive environment many of us have ever experienced,”
“New roles and opportunities are emerging, job openings are near an all-time high, and retirements are accelerating. As insurance leaders evaluate their talent strategies, flexibility in all areas is essential for long-term success.” said the co-chief executive officer of The Jacobson Group.
The insurance industry needs to look at holding on to its employees. Top executives know there is a shortage of staff and the business perception is poor. By building existing employee satisfaction with flexible working policies the insurance industry can improve perception, improve new staff acquisition, and improve current staff productivity all whilst reducing costs. It’s a win for every member involved with very few adjustments needed to become effective.
The major three challenges the entire insurance industry will face when providing flexible working and engagement solutions for employees will be:
How do you navigate these challenges to achieve successful results?
Support Tree! Using our IT services you can be guaranteed successful solutions to these challenges and more. Not to mention our customer service and client care are second to none, just ask one of our clients (especially those located in the insurance industry) about working with us. We provide a free IT and cyber audit to ensure your business needs are met.
Choose Support Tree for your cyber and technology needs!
So, things have changed a lot recently! We are working from home, and, at least for now, there is no end in sight. Let’s face it, who wants to run...
it’s time you work securely at home.
Are you using a personal device to work?