Why Jobsharing is a new horizon for flexible working
It feels like you can’t scroll the news or pick up a paper without reading another headline about flexible working, return to the office mandates or hybrid hell. However, the narrative on flexible working seems to have honed in on work from home versus work from the office and perhaps it’s time to zone back out and talk more broadly about flexibility and what it means.
Flexible working encompasses everything that differs from the traditional “9-to-5” model across five days per week. Across our industry we’ve seen an uptake in certain models of flexibility – particularly a “80% contract” or working four days a week. (Not to be confused with the “the four day working week”, which is becoming increasingly popular and relates to entire teams or businesses shifting to work four days, but receiving full time pay).
In Yorkshire, a pair of former finance leaders are blazing a trail on an innovative (but not new) form of flexible working – JOBSHARE! Jobsharing is probably the most transformational and least utilised form of flexible working – and often the missing jigsaw piece in the pursuit of talent attraction and retention.
What is job sharing?
Put simply, jobsharing is two people working part-time and sharing a full-time role, along with its benefits and salary. Because the role is shared, and therefore covered 100% of the time, it offers an advantage for the business. Often, people working part-time do not have cover during their non-working days, which can lead to suboptimal outcomes for both businesses and individuals. But the benefits far exceed just having someone “in the office” right through the week - jobsharing delivers:
- Two amazing brains for the price of one
- Diversity of thought in one single role
- Reduced key person risk
Jobsharing changes the game – unlocking high impact, leadership roles that are truly part-time.
It really is win-win! For employees, it allows talented, ambitious people to continue doing high impact, challenging roles whilst working part time, it vastly improves wellbeing, by creating time and space for other activities and it can lead to much more fulfilling work.
Who's it for?
Jobsharing is often seen as a solution for working mums, however the applications are incredibly diverse, for example:
- Carers – those with caring responsibilities (parents, elder care etc,) often need or choose to work part-time. Jobsharing means they can continue to access high impact, interesting roles.
- Those managing long term health conditions or disabilities - who may benefit from a shorter working week to manage their conditions. That doesn’t mean they should be locked out of leadership – jobsharing means they can continue to do big roles, but on fewer hours.
- Experienced professionals - retiring at 55 may sound like the dream, but in a world where we’re increasingly likely to live to 100, ambitious career folk may struggle to find purpose when they step off a retirement cliff. Jobsharing means people can stay in the workforce and continue with their big career but work a shorter proportion of the week.
- Portfolioists – across the generations, but increasingly earlier in our careers, we might not want to be constrained by only having one professional persona. Portfolioists build multiple professional interests – so you may be an accountant for half the week and a physiotherapist for the rest. Jobsharing allows this to happen.
- Everyone! – there are multiple reasons you might want to work part-time. You might want to spend Thursday and Friday surfing, or volunteer at a food bank, or spend time with friends. Whatever the reasons, finding a working pattern that means you can accelerate your career but not sacrifice your life and wellbeing appeals to many – jobsharing is that solution.
Why does this change the game?
Jobsharing changes the game for individuals, but also for companies. By bringing together a jobshare you can:
- Transform equity – retaining and attracting women and other diverse groups, such as those with a disability or long term health condition, is vital for the sustainability of businesses. Flexible working is a key enabler to this and jobsharing really changes the system to make flexible working work.
- Bring diverse voices into leadership
- Differentiate your business commercially – increased productivity, improved outputs due to skillsets you bring together and increased chargeable hours for client facing work
- Increase employee engagement
- Reduce employee turnover – retain ambitious talented individuals and reduce key person risk
Flexibility is a non-negotiable with 76% of Millennials expressing this expectation.
About the Jobshare Revolution
After starting their careers on the Deloitte Audit and Cadbury Finance graduate schemes respectively, Laura Walker and Chloe Fletcher moved to Asda and individually held various posts including Head of Internal Audit and Finance Director – George Clothing. After working various part-time patterns, they came together as the most senior jobshare at Asda – sharing the role of Senior Director Finance Shared Services, leading a team of 160 across AP, AR, Data & Analysis, Record to Report and Commercial Admin. After the sale of Asda from Walmart to TDR Capital, they then moved back into core finance to lead the finance change readiness and implementation of the biggest tech transformation in Europe.
Sharing two very different roles and supporting the implementation of various jobshares at Asda, led them to the conclusion that all roles can be shared. They then embarked on the mission to increase adoption of jobsharing in leadership roles. The Jobshare Revolution is now the leading voice onjobsharing in the UK and is particularly focussed on increasing jobshare to drive diversity, equity and inclusion across Professional Services and large corporates, as well as some pro-bono activity with local and national charities.
The Jobshare Revolution offers end to end jobshare support including:
- Keynote talks, upskilling workshops and awareness events
- Role assessments and toolkits to enable jobsharing
- Candidate attraction and matching services
- Pair and line manager training
- Jobshare pair onboarding and ongoing coaching & support
Visit The Jobshare Revolution on LinkedIn to follow their progress or get in touch with them.
Signup to receive the latest discipline specific articles
Related jobs
Salary:
Equity, Bonus and Benefits
Location:
London
Industry
Healthcare
Qualification
Fully qualified
Market
Executive Search
Salary
£125,000 - £175,000
Job Discipline
Private Equity Executive Search
Contract Type:
Permanent
Description
Marks Sattin Executive Search is partnering with a dynamic, PE-backed Multisite Healthcare Services business to recruit a CFO.
Reference
TA3408
Expiry Date
01/01/01
Author
Executive SearchAuthor
Executive SearchSalary:
£500 - £550 per day + Outside IR35
Location:
Birmingham, West Midlands
Industry
Business Services
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£350 - £450
Job Discipline
Qualified Finance
Contract Type:
Contract
Description
Marks Sattin is partnering with a large organisation in the Midlands to recruit an Interim FP&A Consultant within their Finance Transformation team.
Reference
BBBH183614
Expiry Date
01/01/01
Author
Anthony MillsAuthor
Anthony MillsSalary:
£50,000 - £55,000 per annum
Location:
Leeds, West Yorkshire
Industry
Business Services
Qualification
Finalist / Newly qualified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Newly Qualified Finance
Contract Type:
Permanent
Description
I am delighted to be partnering with a leading UK-based business to find a Senior Accountant to join their dynamic finance team in Leeds!
Reference
18359020
Expiry Date
01/01/01
Author
Laura GunbyAuthor
Laura GunbySalary:
£50,000 - £60,000 per annum
Location:
Leeds, West Yorkshire
Industry
Business Services
Qualification
Finalist / Newly qualified
Market
Commerce & Industry
Salary
£60,000 - £70,000
Job Discipline
Newly Qualified Finance
Contract Type:
Permanent
Description
I am delighted to be working in partnership with a large business in Holbeck to recruit for a newly created Management Accountant role.
Reference
56263263
Expiry Date
01/01/01
Author
Laura GunbyAuthor
Laura GunbySalary:
£60,000 - £70,000 per annum + 15% Bonus
Location:
Uxbridge, London
Industry
Consumer & Retail
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Group Accountant - Uxbridge (Hybrid) - £60,000 to £70,000 + 15% bonus
Reference
BBBH183613
Expiry Date
01/01/01
Author
Neil BurtonAuthor
Neil BurtonSalary:
Negotiable
Location:
Lancing, West Sussex
Industry
Investment Management
Qualification
None specified
Market
Financial Services
Salary
£50,000 - £60,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
A newly created position to join a Private Equity firm to assist with their growth within the Finance function.
Reference
BBBH183611
Expiry Date
01/01/01
Author
Thomas SteelAuthor
Thomas SteelSalary:
£28,000 - £30,000 per annum
Location:
Leeds, West Yorkshire
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£30,000 - £35,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Purchase Ledger clerk - South Leeds
Reference
BBBH183605
Expiry Date
01/01/01
Author
Cameron WalshAuthor
Cameron WalshSalary:
£27,000 - £28,000 per annum
Location:
Chester, Cheshire
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£25,000 - £30,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Accounts Assistant
Reference
BBBH183497
Expiry Date
01/01/01
Author
Glenn FyfeAuthor
Glenn FyfeSalary:
£40,000 - £55,000 per annum
Location:
London
Industry
Consumer & Retail
Qualification
Part qualified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Contract
Description
Seeking a VAT Analyst for a 6-month contract within a consumer retail business based in Central London.
Reference
JSM1747541
Expiry Date
01/01/01
Author
Jamie SmithAuthor
Jamie SmithSalary:
£50,000 - £60,000 per annum
Location:
London
Industry
Healthcare
Qualification
Part qualified
Market
Commerce & Industry
Salary
£60,000 - £70,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Contract
Description
Seeking a Finance Manager for a 3-month contract for a public sector organisation.
Reference
JSM174775
Expiry Date
01/01/01
Author
Jamie SmithAuthor
Jamie Smith