Fintech News

New Study From DailyPay Reveals Two Main Factors That Affect A Company’s Hiring Efforts In New World Of Work

SPiCE Becomes First Digital Security to List on Fusang Exchange

As companies continue to slowly staff up and hire new employees over the next few months, they will have to prioritize diversity and remote working, according to a new Work Different survey from DailyPay.

The research reveals the majority of Americans believe that companies with diversity in its leadership and workforce are more desired places to work and better equipped to relate to its customers. The poll also shows that the majority of job seekers prefer a company that offers the ability to work remotely and that those who do work remotely are more effective and work longer hours.

Regarding diversity, the key takeaways from the survey indicate the majority of Americans feel that for companies, championing diversity is not just the right thing to do, but the smart thing to do for business.

  • 60% say diversity in company leadership is important when deciding on where to apply for a job
  • 65% say diversity in the overall staff makes a company better-positioned to relate to customers
  • 63% say having female leaders in a company good for business
  • 59% say having a diverse workforce good for business

Regarding remote work, the majority of those polled would work out of the office if they had the opportunity and seek jobs who do offer it. For those who do work remotely, the majority work longer hours and claim to be more effective.

  • 84% who could work remotely would if given the chance
  • 60% say they work more hours from home with 33% of those saying they work 8 or hours more per week remotely (or over 400 hours a year)
  • 56% say allowing employees to work remotely makes a company more attractive when applying for a job compared to 17% who say it’s less attractive.
  • 48% say they are more effective when working remotely compared to 14% who claim they are less effective

“As companies look to attract top talent, they will work different to highlight their commitment to support these issues,” said Jason Lee, CEO of DailyPay. “As employees are starting to demand more from their employers, companies need to take the opportunity to do it different this time — to staff different, to interact with customers different and to pay different.

DailyPay has been following the latest hiring trends with the “Rehire America Index” that provides data on selected industries as they navigate the uncharted waters of the global pandemic.

Related posts

National Bank of Canada Invests $103 Million in Flinks, Including $30 Million in Growth Capital

Fintech News Desk

H2O.ai Empowers MarketAxess to Innovate and Inform Trading Strategies

Fintech News Desk

SMBX Announces Funding To Usher In A New Era In Finance

Fintech News Desk
1