Enabling more part-time working

Insurance firm Zurich has released figures showing the benefits of its part-time hiring policy.

Alarm clock on top of blocks saying full time and part time

 

Alan Roxborough was due to retire from his job at insurance firm Zurich at 60 last year, but he felt that he wasn’t quite ready after working 12 years for the company as an underwriter. Following a four-month sabbatical, Zurich agreed to him returning to work for one and a half days a week. That meant he could pursue hobbies outside of work whilst also being able to contribute and be a part of his team.  

Alan said: “When the time came to retire, I just didn’t feel quite ready. My manager was really great at working with me to make a plan for where I could go next within my role and we decided that I could use my knowledge and skills to work on a projects basis. I’m now really enjoying working one and a half days a week, whilst also enjoying gardening and many other hobbies I’ve never had time for.”  

Alan is one of many part-time workers at Zurich which has embraced flexible hiring over the last few years. Since 2019 the company has almost quadrupled its part-time hires since advertising all roles as ‘flexible, part time or job share’.

Zurich says the number of male part-time hires has also more than doubled since 2019. The company published its latest figures on part-time working ahead of new flexible working legislation coming into effect which allows people to request flexible work options from day one in a new job.

The figures include those showing part-time internal promotions have increased by 167% in the last two years and that the number of part-time female hires to a senior level more than doubled since 2019. Overall, in 2023, 13% of Zurich’s employees worked part time. Across the board, there has been a 72% increase in applications per vacancy in the last five years and a 110% surge in applications from women.

Steve Collinson, Chief People Officer at Zurich UK, said: “Offering flexible and part-time working for all our roles advertised has had a real impact on attracting and recruiting top talent to our brand and it’s something we remain committed to.

“It’s great to see a consistently high number of people applying for our roles since 2019, and even more so we are proud to see that we are supporting peoples’ careers to grow and develop with internal promotions whilst also accommodating their flexible working arrangements.”

*For full details on how to request flexible working now that the law has changed, click here.



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