As a shift in demographics continues, employers must re-evaluate their approach to flexible working conditions.
According to the Australian Bureau of Statistics (ABS), 14% of Australians are 65 or older, and this is expected to reach 23% by 2056. This will see an increase in the percentage of adults (currently 4.6%) caring for their own parents or other family members outside of spouses or children.
This shift means Australian employers must prepare to meet demands for flexible work arrangements to care for older family members.
“Many business owners talk of workplace flexibility in terms of balancing work and family exclusively in the realm of children,” Daman Patterson, group manager of people & culture at Chandler Macleod, said. “However, a trend is emerging, especially given the impending retirement of baby boomers, showing the current workforce will need to balance the demands of their work with the duty of care towards their parents and grandparents.”
The increase in age is coupled by a movement towards more ‘at home’ care, as opposed to placing the elderly in nursing homes or other forms of institutional care. Patterson highlighted that the modern family’s distance from one another and other changes in living arrangements adds an extra element of complexity to flexible working arrangements.
“While having children may be perceived as a choice, having ageing parents is a reality, and businesses need to enact workforce strategies to best manage this,” he said.
Although this may appear as a problem to some employers, Patterson stressed that it is instead an opportunity for employers to see the value of part-time workers. If they don’t, he warned they are likely to see these dedicated workers move to more accommodating competitors.
“Part-time workers are an asset to any businesses. Knowing they have the backing of their employer, for whatever situation they are in, will mean a more productive and happier employee and the company will reap the benefits,” he explained.
Key HR Takeaways
Regardless of reason, the reality of flexible working arrangements is they must be carefully factored into an organisation’s business model. Chandler Macleod offered a number of steps HR should take before launching flexible working initiatives: