Millennials: the meteor that killed 9 to 5
On more than one front Millennials are becoming a driving force for change in our society, and the tech-driven group is leaving no stone unturned. Currently, Millennials have set their sights on the 9 to 5 work day.
92% of Millennials stating that a flexible work life balance is an essential part of their decision. However, dinosaurs are pushing back against their meteor with fears of anarchy in the workplace and hampered career prospects.
One journal in particular cite flexible working as the “career torpedo”, warning that those who take the path less travelled by will end up “mommy tracked” into less demanding jobs with lower pay and authority. Although the same journal admits that the research conducted also found that the companies feature in studies exhibited ‘flexibility bias’; where employers create a vibe which would push employees away from taking flexible arrangements. It’s suggested that senior management should lead by example, showing employees that taking flexible schedules when needed it a completely understandable choice in the modern workplace.
Studies also agree that the 9 to 5 is heading for a mass extinction. As well as allowing for the work/life balance, flexible working allows employee to develop their skills. Always had a course you’ve wanted to take for work but never had the time? Flexible working can make the time for you.
With more and more employees working from home, it is said that by 2030 the traditional office building might go the way of the dinosaur. Not only does flexible working save money that would’ve been used for infrastructure and office leasing; it also correlates with a marked increase in productivity. As high as 37% in some cases! Studies find telecommuters make 13.5% more calls than office workers and perform 10% higher than the average in-house employee. A study from Stanford University estimates that with the increased productivity companies save £1,500 per employee.
While the workplace may not quite be there yet, millennials are keeping us on track for flexible working to become the norm across the board. With research and real life evidence employers are presented with after introducing flexible working, the myths of career purgatory and dwindling pay checks are consistently being debunked. Progress may be slow, it’s only a matter of time before momentum behind the flexi-work argument reaches critical mass.
by James Hendry