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Bora Architects crunched the numbers to create a family leave benefit that provides much-needed time off with pay for employees while making business sense for the firm.
National Equity Fund
By revamping their workplace and implementing a work-from-home policy, National Equity Fund has saved money, boosted productivity and improved morale.
Boston Consulting Group
Boston Consulting Group implemented a program — unique in the high-pressure world of consulting — that has led to improved work-life balance and decreased turnover.
At this digital advertising firm employees are encouraged to constantly re-evaluate their interests — and their jobs.
At W.S. Badger, an organic skin-care company in Gilsum, New Hampshire, employees are allowed to have their babies at work, benefiting both babies and parents.
For State Street, a global company at the heart of the financial services industry, flexible work policies have been a way of life for years.
Most people who found companies initiate their business, grow their staff and then address how they will deal with their employees’ family obligations. PR agency Double Forte did the reverse.
At Solix, Inc., a program management and eligibility solutions company, employees who want a flexible work arrangement or non-traditional schedule don’t have to ask for it.
OpenWork Increases Employee Engagement
One study found that flexibility led to higher engagement, lower stress and lower turnover intention compared to workers without flexibility.
OpenWork Increases Employee Retention
Over 80 percent of employees reported that work flexibility is an important factor in their intention to stay with their company.
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OpenWork Reduces Turnover
The expected turnover rate for employees who do not have the flexibility they need at their companies is almost twice the rate of those who do.
OpenWork Increases Cost Savings
At State Street Corporation, manager-initiated flex programs drive productivity, reduce turnover and increase cost savings.