When it comes to having flexible work and life balances for employers, it is difficult for small businesses to keep up. After all, if you only have a few people working for you, its hard to not have those people available. In Australia it is the law that there needs to be flexibility in employment and only half of small businesses are doing it. It is much easier for larger businesses to do this, and it creates problems for small businesses.
Key Takeaways:
- Although under the Fair Work Act Australian employees have a right to flexible working hours, only about 50% of SMEs offer this
- It seems like business owners value flexibility for themselves but ignore it for their employees
- CEO of MYOB Tim Reed believes offering more flexibility will attract better talent and lower turnover.
“The SME sector in Australia is lagging behind when it comes to offering flexible working arrangements to encourage work life balance.”
Read more: https://insidesmallbusiness.com.au/planning-management/flexible-working-a-challenge-for-smes
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