2024 Branch Report: Flexibility Emerges as Top Benefit for Hourly Workers
Explore our 6th annual report highlighting the latest financial, work, and lifestyle trends of today’s hourly workforce.
Explore our 6th annual report highlighting the latest financial, work, and lifestyle trends of today’s hourly workforce.
This year, it’s clear that flexibility—in all its forms—has emerged as the most sought-after benefit for hourly workers. Findings from our 2024 Branch Report show that today’s hourly workforce places less emphasis on traditional benefits such as paid time off or health insurance, instead seeking jobs where scheduling flexibility, payments flexibility, and overall work-life balance are prioritized.
In fact, 46% of our respondents cited flexible scheduling as the job benefit or perk that’s most important to them, with faster pay and job stability also breaking the top three most important offerings. Further underscoring the need for flexible payment options, 4 in 5 respondents said they experience fluctuations in their weekly pay. Because of this increased financial pressure and unpredictability, 88% of respondents said that having early access to earned wages would be a valuable resource.
It’s clear to see that while increased flexibility may have once been considered a by-product or after-affect of the pandemic, it’s become crucial for today’s workforce—and therefore, crucial for your business to offer. Whether in the form of scheduling, payments, or overall work-life balance, flexibility is no longer a perk—it’s a necessity.