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IAG New Zealand and Lion New Zealand are encouraging more Kiwi businesses to say: “Yes to Flex.”
According to Lion NZ, the flexible working policies both companies have in place have benefitted the businesses and their staff.
“More and more people across the world are attributing work-life balance as a key drawcard for joining a business and both IAG and Lion have seen huge increases in staff engagement – with those people working flexibly, scoring items consistently higher than those that don’t,” it said.
IAG general manager, future workforce strategy, Cathrynn Boyd said the firm’s MyFlex programme has demonstrated increased productivity and wellbeing outcomes when people are enabled to work flexibly. Over the same period the program was rolled out, it also drove increased engagement scores across the business.
“We know the traditional 9am to 5pm, Monday to Friday model is not a one-size-fits-all,” Boyd said. “Similarly, we recognise that while not every type of flex will work for every role, our vision is that everyone has access to some form of flex.
“MyFlex evolves our workforce model. It gives us access to a broader, more diverse pool of talent compared to more rigid employment models which have become outdated,” she added.
Other benefits of IAG’s MyFlex programme, as outlined by the insurer, include reduced travel times, ease of getting to work, a reduction in stress and an increase in overall wellbeing.
Lion NZ people and culture director Robin Davies, meanwhile, said the company’s LionFlex policy is now being used by almost half of its people. It includes flexibility around location, leave entitlement, role and schedules – leading to engagement rates of 90%.
“Flex is one thing that really attracts people to Lion and is a key reason they stay with us, particularly around key moments in their lives like parenthood, unwell family members or dealing with mental wellbeing,” he said.
