Work-life balance

114.jpgCompanies are looking to reduce fixed costs while employees want flexibility in terms of hours and location of work. Result? — an increase in part time work, working from home, virtual offices, sabbaticals and ‘downshifting’ (25% of homes now contain some kind of home office and 25% of people claim to have ‘downshifted’ to improve the quality of their life in the past 18 months). However, most companies still don’t get it. But they will. Demographic trends will mean less people available for work, which means more competition for workers, which in turn will drive a more flexible approach by employers.

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