Want to retain working parents? According to a recent FlexJobs survey of nearly 1,200 parents with children 18 and younger living at home, work flexibility (84%) and work/life balance (80%) are the most important factors when parents consider a job opportunity. Parents placed these ahead of other factors, such as salary (75%), health insurance (42%), company reputation (39%), and 401(k)/retirement benefits (29%) when evaluating a job prospect.
The interest in work flexibility for working parents has increased dramatically in the past several decades. Now that both parents work full-time in nearly half of two-parent households in America, and single parents account for 26% of family households with children, flexible work arrangements are one of the most critical components to making the work/life juggle possible.
The FlexJobs survey shows that 91% of working parents said having children living at home affects their interest in a flexible job. Only 4% of parents are very concerned that having a flexible work arrangement will hurt their career progression.