Transurban boss says workers will leave companies without flexible hours

The boss of toll road giant Transurban has warned that employers will lose talented staff if they refuse to maintain some flexible working conditions after the pandemic passes.

He said governments and businesses offering workers flexible hours and the ability to work from home would not only ease the peak hour crush, but would be necessary to attract staff who faced spending even more of their lives in gridlock.“We’re saying that to retain top talent and get the best productivity going forward, we think that a level of flexibility is important,” Mr Charlton said.

A recent Transurban survey of 3000 people across Sydney, Melbourne and Brisbane found that 87 per cent expected to do most of their work in the office, but 70 per cent wanted to do so with flexible working hours. However, 41 per cent said either their employer was not intending to offer flexible hours or they did not know if it would be possible.

Transurban’s result was below market expectations, sending the group’s ASX-listed shares 2.7 per cent lower in early trade before recovering most of its losses to close 0.7 percent lower at $13.27.

pwhatch Are they threatening to raise prices ?

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pwhatch Transurban is a giant leach on Australian productivity and a far bigger drag on the future prosperity of Australians

pwhatch This will be the case across the board in many companies where it is now clear that flexible working is actually just as productive if not more so (I.e. hire people you trust) and will save $ in premises in the process. They are going to be hard pressed to revive the CBD

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Gig economy workers ‘terribly exploited’ while big business ‘rakes it in’ | Sky News AustraliaBig businesses perpetuate the “mythology” that they cannot maintain a flexible work arrangement for workers and also provide them with benefits, says Transport Workers Union National Secretary Michael Kaine.\n\nMr Kaine told Sky News business like Uber are “raking it in” when it comes to making money while those employed in the gig economy are “terribly exploited” in the process.\n\n“The mythology that these companies push out is that you can’t have a flexible work arrangement and provide workers with rights,” he said.\n\nA recent Supreme Court ruling in the United Kingdom found Uber drivers were entitled to benefits like paid holidays and a minimum wage.\n\nMr Kaine said the court ruling “should inspire similar types of action” in Australia citing a two-month period at the end of last year when five delivery drivers lost their lives.\n\nThe Transport Workers Union is lobbying the government to increase support and rights for delivery drivers and gig economy workers.\n Without unions your now experiencing metaphorically what children and adults had to go through in the 1800's. Enjoy. labor and the unions stopped piece work years ago. Piece work allowed lower paid women in manufacturing to earn more than their husbands in construction in the 50's and 60's. As a direct result we now have casualisation of the Australian workforce. Big business wants American style $10 per hour flat rate of pay, zero overtime, zero annual leave, zero maternity leave, zero sick leave. Sweat shop work conditions in a AAA economy.
Source: SkyNewsAust - 🏆 7. / 78 Read more »