benefits of flexible working for employers

To interpret employers perspectives on working with flexible contracts for younger workers we combine insights from organisational science, psychology and sociology. Organizations can gain a diverse talent pipeline. Humana gave all employees flexible work by investing in new technologies. And have you considered your plastic intake at work vs. home? People are not going to return to work the way they have in the past, says Kristin Kelley, chief marketing officer at CareerBuilder. Enables Employees To Produce Better Results Expecting each employee to reach their peak performance during the 9-5 time jobs is a bit too ambitious. The company has reimagined its office space to focus on human connection. This was brought about by the relevant job descriptions they drafted for the position. 2. a large reduction in commuting time and gas expenses. It offers the UK legal perspective and some ideas on how flexible working can be implemented, how common barriers can be overcome, and how people professionals can support staff opting for more flexible working arrangements. Research from Deloitte's 2022 Women at Work report found that, globally, women were seeking new, more flexible working patterns, with some leaving their employer or workforce entirely. James Liang, CEO of Ctrip worried the same thing but with the help of Standford professor Nicholas Bloom and a two year experiment, the worry ceased. So, what would you do if a job offered you a workplace that eliminates these issues? They give employees more flexibility in where and when they work. The adage, change is the only constant, rings true in todays fast-paced work environment. // Explore Benefits of P&G Total Rewards Package Now comes the easy part, if you have the help of scheduling software. We have practical advice on how to effectively manage different aspects of remote working, including online meetings, legal and contractual issues, keeping healthy and effective habits. Do you think faxing is outdated? It can result in an increase in output. Increased productivity and motivation: Flexible working arrangements can boost employee productivity and motivation. Job Descriptions:MyComputerCareer Human Resources Generalist--Benefits & LOAAs the Human How to Transform a Digital Nomad Lifestyle Into a Business. flexible work Q: Can workplace flexibility be applied to all types of jobs and industries? You may wish to provide support in the form of time management strategies, and tools to benefit mental wellbeing, such as Calmers mental resilience training programme. Offering remote work, flexible scheduling, and adaptable workspaces are ways to achieve this. Flexible working can also reduce absence rates and allows employees to manage disability and long-term health conditions, as well as supporting their mental health and stress, as shown in ourHealth and wellbeing at work survey. Heres exactly how employers benefit from providing hybrid and flexible work schedules and why you should do it too. Workplace flexibility allows employees to strike a better work-life balance, increasing job satisfaction. 5. saves the company thousands of dollars a year. Q: What are some potential challenges of implementing workplace flexibility? How should employers approach flexible working requests? If some employees are given more flexibility than others, that can cause resentment and negatively impact morale. Giving employees the ability to choose workspaces other than their usual office lets them find spaces near their teammates. We'd love to learn more about you and discuss our products, pricing, implementation, or anything else. There is an opportunity for employers to do more to provide flexibility for the benefit of all employees and organisations. So, yes, companies do save money with remote employees. People Management(online). Manage Settings GREENHALGH, D. (2019)The future of flexible working. Employers can implement workplace flexibility by offering remote work, flexible hours, and adaptable workspaces. The Benefits of Flexible Working for Employees | WeThrive CLARKE, S. and HOLDSWORTH, L. (2017)Flexibility in the workplace: implications of flexible work arrangements for individuals, teams and organisations. From Setback To Comeback: How To Manage Rejection And Keep Moving Forward, Disney Underpaid Women $150 Million, According To Lawsuit, Creating Intriguing Short Form Vertical Video Content With Shelly, Declare Your Independence From A Dictatorial Boss, Top 5 Side Hustles For Women In 2023s Gig Economy, 5 Resume Formatting Tips That Captivate Recruiters, Do These 6 Things For A No-Stress Summer Vacation Instead Of An In-Office Guilt Trip, Elon Musk Deems Cis A Twitter SlurHeres Why Its Is So Polarizing, Gartner 2021 Digital Worker Experience Survey. Flexible work environments encourage employees to think creatively. Why flexible working is here to stay. This gives businesses the opportunity to increase headcount without a larger office space. They should also establish clear communication channels and expectations. So how is workplace flexibility a win-win for employers and employees alike? Its important to get people to know about them and use them. Plus, they can work even when they are starting to feel a bit under the weather or just getting over something. University of Birmingham. Its been proven that younger employees tend to feel the most positively about flexible work. They hire contract workers and provide access to their pay as they earn it. Quick Answer: Flexible working benefits employers by providing them with an impressive range of business benefits including increased employee productivity and "But we'd like the government to go much further to ensure that flexible work now becomes the norm," said Frances O'Grady, general secretary of the TUC. Workplace flexibility can catalyze success in todays rapidly changing business landscape with the following: Businesses must embrace this transformation. Millennials are searching for jobs that give them the greatest flexibility. But learning to adapt depends on workplace flexibility. Q: How can organizations successfully implement workplace flexibility? According to Global Workplace Analytics, if employees who wanted to work from home and had jobs that allowed them to did so,wed see a greenhouse gas reduction thats. STEWART, E. and BIVAND, P. (2016)How flexible hiring could improve business performance and living standards. Flexible Working Practices | Factsheets | CIPD Mustain adds, One of the most overlooked benefits of remote work options is the removal of geolocation constraints. How Does Flexible Working Benefit Employers - The Facts, How to Manage Flexible Working Arrangements, Employers, Tap Into Your Own Flexible Working Benefits, Lack of motivation or feeling engaged in ones work. They also benefit from fewer interruptions and a greater ability to focus on their work. If you want to learn more about how AgilQuest can help you implement a more flexible workplace, you can find the information here or check out these resources below! Its not just about attracting top talent its also about keeping them. Updated 30 May 2023 Flexible work arrangements are rising in popularity as a way to improve employee work-life balance, and employers may also use flexible schedules to make their organisations more attractive to new talent. Human Resource Management Journal. Addressing these issues can lead to greater outcomes. An overwhelming majority 94% of employees say they want to have flexibility in their work options! This is especially important for companies looking to thrive in a competitive market. Commissioned outcomes: there are no fixed hours, but only an output target that an individual is working towards. This flexibility lets employees decide when and how they want to work. Hybrid work drives increased diversity in global workplace analytics as well. This article discusses the top seven findings regarding how flexible working benefits employers. This is when an employees working hours are anything less than the companys standard full-time contract. They enter the workforce with unique needs and demands. For example, a single mom might not apply to a job if there is no flexitime. They are positive and have increased moraleYou want your employees to feel valued and like the hard work they are doing is good for the company. In the end, both employers and employees benefit from this innovative setup. And on those days, they were more productive. Read about our approach to external linking. This allows a degree of flexibility as to when staff start and finish their working day. Here are the best virtual team-building activities to keep employees feeling connected. The worlds best workplaces demonstrate how flexible companies can boost brand image and reputation. Instead of searching for talent in a specific metro region, companies can now expand their talent pools of prospective employees. A 2022 analysis by Future Forum found that people of color, women, and working moms continue to value location flexibility the most. 1079797, managing an increase in flexible working requests, Flexibility in the workplace: implications of flexible work arrangements for individuals, teams and organisations, How flexible hiring could improve business performance and living standards, Managers believe flexible working can boost productivity. Flexible working has continued after the UK emerged from Covid lockdowns. 77% of employees consider flexible work arrangements a major consideration when evaluating future job opportunities. Its likely that either party has identified an issue that could be solved by implementing flexible working before proposing the idea - that may be less focus during early mornings, an issue with childcare, or something else. Finding the best place to work or collaborate can be inside or outside of the office. Vol. Its important to recognise that hybrid working has inclusion and wellbeing advantages for employees and can help attract and retain people who otherwise might struggle to hold down employment. What are the best management software solutions for flex spaces? Workplace flexibility can also lead to cost savings for institutions. A: The article discusses the benefits of workplace flexibility for both employers and employees, highlighting the advantages it brings to the organization and its workforce, and providing examples of flexible work arrangements. increased contact hours, Provision of the third-most-sought-after job aspect that UK employees are looking for (behind sociable workplace, and competitive pay), Savings on the costs of staff absenteeism and recruitment. Saving employees the much-needed time for the daily commute grind. Flexible working describes a type of working arrangement which gives a degree of flexibility on how long, where, when and at what times employees work. For example, remote work arrangements reduce the need for office space. The COVID-19 pandemic has advanced trends like remote working. The Atlassian study mentioned earlier found that of employees who have workplace and work time flexibility, 71% considered their team to be innovative, compared to just 57% of employees who dont have flexibility. Can you imagine how expensive it was to work and travel around the world 50 years ago? They do not use antiquated methods such as faxing. Gen Z is the most populous and diverse generation in history. Social isolation is reduced in the work-from-home setup. An example of data being processed may be a unique identifier stored in a cookie. The government also wants to introduce laws that make it easier for people on low incomes to get a second job. Recruiting and retaining a broader pool of talent, reduced recruitment costs (due to lower attrition) and Remember to keep talking about your flexible work policies. "Ministers must change the law so that every job advert makes clear what kind of flexible working is available in that role. If an employer introduces flexible working practices, particularly remote working, they have access to a much wider talent pool, meaning they can hire the very best employees for each role regardless of location. They should be kept in mind as you define policies for your company. With that in mind, for the last couple of years, we have campaigned through our #FlexFrom1st work to make the right to request flexible working a day one right rather than after 26 weeks of employment in the UK. Hilton ranks second on the list of the Worlds Best Workplaces. This factsheet outlines different types of flexible working arrangements, including part-time and compressed hours, remote working and job-shares. As the name implies, flexible working allows employees a much greater degree of flexibility over their working hours and location. When employees are given autonomy, they are more productive. WebBetter health Flexible working allows employees to manage disability and long-term health conditions, and can support mental health and reduce stress. A: Employees benefit from workplace flexibility by achieving a better work-life balance, reduced stress, increased job satisfaction, higher levels of engagement, and improved physical and mental well-being. Flexible Working There are several potential benefits for both employers and staff. Picture it: One employee starts working remotely and, in that first day, 1.2 gallons of gas is saved, the lights in their office arent turned on and the planet smiles a little brighter. Well, companies can benefit financially from having fewer workers in the workspace in several ways. As a speaker and contributor to various publications, Steve remains dedicated to staying at the forefront of workplace innovation, helping organizations thrive in today's dynamic work environment. In fact, a 2022 study by Atlassian found that when employees have some work flexibility, 83% reported a positive outlook on their companys culture, compared to just 47% of those who didnt have any flexibility. When employees have the freedom to work from home, adjust their work hours to their schedules, and take time off when needed, they feel more valued and trusted by their employers. Employees will be able to stay healthy, motivated, and perhaps able to choose from flexible plans. Bloom et al (2022) How Hybrid Working from Home Works Out. In July, Sports Direct-owner Frasers Groups scrapped working from home. 15 Best Companies to Work for in Australia (With Benefits) This is the case in sectors such as manufacturing and healthcare. 4. helps attract and retain top talent and reduces employee turnover. Benefit @media(min-width:0px){#div-gpt-ad-opensourcedworkplace_com-box-4-0-asloaded{max-width:336px!important;max-height:280px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'opensourcedworkplace_com-box-4','ezslot_4',142,'0','0'])};__ez_fad_position('div-gpt-ad-opensourcedworkplace_com-box-4-0'); Employees are less likely to look for new opportunities elsewhere due to their increased job satisfaction. She has conducted research into meaning and trust at work, age diversity, workplace carers and enterprise and has worked on a number of international projects. So, what would you do if a job offered you a workplace that eliminates these issues? Remote Job opportunity atMyComputerCareer:Human Resources Generalist--Benefits & LOA Employers must respond within three months, and if they decline the request, they must give the reasons for doing so. But Emma Codd from Deloitte told BBC 5 Live's Wake Up To Money that there was still a stigma attached to requesting flexible working, and that some women chose to leave their employer or the workforce instead. Here are some reasons why flexible work boosts employee productivity. Keep reading to explore workplace flexibilitys advantages for employers and employees. Q: How can organizations measure the impact of workplace flexibility on their business and employees? As restrictions gradually ease, flexible working is expected to remain prevalent in the post-Covid workplace. It results in cost savings in terms of recruitment and training. On the other hand, employees might experience greatly increased productivity if allowed to work at hours that might initially seem unusual. Explore Workplace Flexibility and Productivity (How Flexibility Can Increase Productivity in an Organization) for inspiration on creating an effective flextime policy. 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