Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Rethinking 9 to 5: Canadian Organizations Step Up to Support Employees Through Flexible Work Arrangements
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Business

    Rethinking 9 to 5: Canadian Organizations Step up to Support Employees Through Flexible Work Arrangements

    Published by Gbaf News

    Posted on June 2, 2018

    6 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    This image depicts Mike Ashley, founder of Frasers, who recently failed to win a seat on the Boohoo board. This development comes as the Bank of Japan maintains steady interest rates, highlighting the ongoing economic challenges in the finance sector.
    Mike Ashley, founder of Frasers, fails to secure a position on the Boohoo board - Global Banking & Finance Review

    Flexible work arrangements, including flexible working hours, remote work, and compressed workweeks, are more commonplace than ever in Canadian organizations.

    A recent survey by The Conference Board of Canada found that almost nine out of 10 (86 per cent) Canadian organizations are now offering at least one type of flexible work option, and employers stand to benefit through a more engaged workforce and increased employee retention.

    “Employees value flexibility when it comes to when and where they work for a variety of reasons and demand for flexible work arrangements is likely to increase as the Canadian population ages,” said Allison Cowan, Director, Total Rewards and Compensation Research, The Conference Board of Canada. “Canadian employees are seeking a balance in work and family obligations, with many facing both childcare and eldercare responsibilities, and are looking to their employers for support.”

    Highlights

    Almost nine out of 10 organizations (86 per cent) offer at least one type of flexible work arrangement.
    The top reasons for offering flexible work arrangements are to help improve employee engagement, respond to employee demand, and to help retain top talent.
    Among those who offer flexible work arrangements, flexible working hours are by far the most common type of arrangement (93 per cent).
    Survey respondents reported that the top reasons for offering flexible work arrangements are to help improve employee engagement (62 per cent), respond to employee demand (42 per cent), and to help retain top talent (35 per cent).

    Previous Conference Board research found that employees are more engaged when they have greater control over how their work is done. However, despite mounting interest in flexible work options, reported participation rates vary. The majority of eligible employees make use of ad hoc remote days, flexible working hours, and summer hours, but less than 40 per cent of eligible employees make use of other options such as job-sharing, full-time remote work, and a compressed workweek or compressed days.

    From the employer perspective, there are a number of obstacles to implementing flexible work options including management resistance (64 per cent), concern over productivity losses (63 per cent), a lack of jobs suitable for flexible work (59 per cent), and lack of technology available to them to accommodate offsite work (30 per cent). While concern over productivity losses is one of the top barriers to implementation, just over a third of organizations believe that employee productivity is positively impacted by flexible work arrangements.

    While most organizations allow managers to approve flexible work arrangements on a one-off basis, survey respondents indicated that only a minority of managers (21 per cent) and employees (14 per cent) receive formal training on managing flexible work.

    Flexible Work Arrangements: Transforming the Way Canadians Work is based on a survey of 324 Canadian employers conducted by The Conference Board of Canada in June 2017.

    Follow The Conference Board of Canada on Twitter.

    A copy of the report is provided for reporting purposes only. Please do not redistribute it or post it online in any form.

    For those interested in broadcast-quality interviews for your station, network, or online site, The Conference Board of Canada has a studio capable of double-ender interviews (line fees apply), or we can send you pre-taped clips upon request.

    If you would like to be removed from our distribution list, please e-mail corpcomm@conferenceboard.ca.

    Flexible work arrangements, including flexible working hours, remote work, and compressed workweeks, are more commonplace than ever in Canadian organizations.

    A recent survey by The Conference Board of Canada found that almost nine out of 10 (86 per cent) Canadian organizations are now offering at least one type of flexible work option, and employers stand to benefit through a more engaged workforce and increased employee retention.

    “Employees value flexibility when it comes to when and where they work for a variety of reasons and demand for flexible work arrangements is likely to increase as the Canadian population ages,” said Allison Cowan, Director, Total Rewards and Compensation Research, The Conference Board of Canada. “Canadian employees are seeking a balance in work and family obligations, with many facing both childcare and eldercare responsibilities, and are looking to their employers for support.”

    Highlights

    Almost nine out of 10 organizations (86 per cent) offer at least one type of flexible work arrangement.
    The top reasons for offering flexible work arrangements are to help improve employee engagement, respond to employee demand, and to help retain top talent.
    Among those who offer flexible work arrangements, flexible working hours are by far the most common type of arrangement (93 per cent).
    Survey respondents reported that the top reasons for offering flexible work arrangements are to help improve employee engagement (62 per cent), respond to employee demand (42 per cent), and to help retain top talent (35 per cent).

    Previous Conference Board research found that employees are more engaged when they have greater control over how their work is done. However, despite mounting interest in flexible work options, reported participation rates vary. The majority of eligible employees make use of ad hoc remote days, flexible working hours, and summer hours, but less than 40 per cent of eligible employees make use of other options such as job-sharing, full-time remote work, and a compressed workweek or compressed days.

    From the employer perspective, there are a number of obstacles to implementing flexible work options including management resistance (64 per cent), concern over productivity losses (63 per cent), a lack of jobs suitable for flexible work (59 per cent), and lack of technology available to them to accommodate offsite work (30 per cent). While concern over productivity losses is one of the top barriers to implementation, just over a third of organizations believe that employee productivity is positively impacted by flexible work arrangements.

    While most organizations allow managers to approve flexible work arrangements on a one-off basis, survey respondents indicated that only a minority of managers (21 per cent) and employees (14 per cent) receive formal training on managing flexible work.

    Flexible Work Arrangements: Transforming the Way Canadians Work is based on a survey of 324 Canadian employers conducted by The Conference Board of Canada in June 2017.

    Follow The Conference Board of Canada on Twitter.

    A copy of the report is provided for reporting purposes only. Please do not redistribute it or post it online in any form.

    For those interested in broadcast-quality interviews for your station, network, or online site, The Conference Board of Canada has a studio capable of double-ender interviews (line fees apply), or we can send you pre-taped clips upon request.

    If you would like to be removed from our distribution list, please e-mail corpcomm@conferenceboard.ca.

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostHow Will the Facebook Scandal Change Attitudes Towards Data Protection?
    Next Business PostThe End of the Traditional 9-5? Iwg New Study Finds 70 per Cent of Us Skip the Office to Work Elsewhere