In the RCVS Survey of the Veterinary Profession the most common reasons given by those stating they intend to leave the profession in the were poor work-life balance (60%), not feeling rewarded or valued (55%), chronic stress (49%), long or unsociable hours (48%), and pay (44%) (RCVS Facts, 2022).
Hagen et al found the number one thing veterinary professionals want to change about their job is working hours (Hagen et al, 2020), which falls under the umbrella of flexible working. In a BVA survey, 44% of vets stated that they would like to work more flexibly, 56% of those who don’t currently work flexibly would like to start and 36% of those who are currently working flexibly would like to work more flexibly (BVA 2021).
Improved work life balance positively impacts physical, mental and social well being. It also improves job satisfaction and career success, due to reduced burnout and absenteeism. But WLB doesn’t just benefit the individual. A survey specifically of veterinary professionals found that 61% of vets see flexible working as a way of attracting and retaining talent. (Flexee Report, 2020). Other organisational benefits included improved commitment to the team and enhanced workplace culture (Flexee Report 2020).
Flexible working, either perceived or formal flexibility, has been shown to improve work life balance. Simply by giving an employee the ability to choose their start or finish time, helps them feel as though they have a better work life balance, even when the hours they work are the same. (OECD) Interestingly, working from home has no significant effect on this perception.
A recent global study trialled a 4 day working week (a type of flexible working) in 2900 employees, in 62 companies across varying industries, over 6 months from June to December 2022. The results were pretty compelling.
From a business perspective, organisations reported that revenue increased by, on average, 35%. The number of staff leaving the company fell by 57% over the trial period. Additionally, absenteeism decreased, with resignations and sick days falling when compared to the same period from the previous year (4-day Week 2022).
From an employee perspective, 71% of employees had reduced levels of burnout by the end of the trial, 39% were less stressed, 43% felt an improvement in mental health, and 37% of employees saw improvements in physical health (4-day Week 2022).
Additionally, 60% of employees found it easier to combine paid work with care responsibilities, 62% reported it was easier to combine work with social life and the time men spent looking after children increased by more than double that of women (4-day Week 2022).
Needless to say, 92% of the organisations in the pilot are continuing with a 4 day week. You can read the full report here.