Preferences for family-friendly benefits: Anticipated regret, work centrality, and decoy options
Organizations increasingly offer family-friendly benefits to attract and retain talent. We investigated inherent and constructed preferences for two types of family-friendly benefits: flexible work arrangements (FWA) and dependent care support (DCS). In two experimental studies we found that work ce...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2017
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6918 |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | Organizations increasingly offer family-friendly benefits to attract and retain talent. We investigated inherent and constructed preferences for two types of family-friendly benefits: flexible work arrangements (FWA) and dependent care support (DCS). In two experimental studies we found that work centrality predicted preferences such that the more central work was to a participant’s identity, the stronger the preference for a job offering with attractive FWA benefits over a job offering with attractive DCS benefits. Further, preferences were significantly influenced by the presence of a decoy option such that they shifted towards the FWA option when the decoy targeted this option and to the DCS option when the decoy targeted that option. In addition, Study 2 showed that anticipated regret significantly mediated the effects of work centrality and decoy options on preferences. Implications for theory and practice are discussed. |
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