Introducing flexible working hours have become more and more common in today’s work culture.
Even though the employees might find it challenging to grant flexible working options in the workplace, it's not only the employees that gain benefit from the concept, it indirectly benefits the employers too.
In the digital age and time, it’s no longer required for an employee to be in the office to be productive. In fact, many companies are encouraging their employees to utilize the flexible working opportunities effectively eyeing the advantages both gain from it.
Let’s look at some of the advantages that come with allowing flexible work schedules in a workplace:
Offering a flexible working schedule proves to be a major factor for increased productivity among the employees.
Here employees are given more control over how they put their time in. If an employee is given approval to work remotely from home, they save time on commute hence they can focus more on doing the work than actually getting to work.
Studies say that over 60% of HR managers have noticed an increase in work productivity due to this. Since employees have the need to prove that they can work more effectively from home, they work harder than ever to show the desired results. Also the morale boost gained from improving their work-life balance results in increased productivity and performance, which means more work gets done, indirectly benefiting the business.
A flexible schedule can create an environment that can reduce a lot of stress. Many studies find that flexible work hours have helped employees get better sleep and increase their energy level. Also flexible work policies help employees to ease their stress, work-life conflict, and emotional exhaustion making them both mentally and physically fit enabling them to get the work done in a much better and efficient manner producing better results.
By introducing flexible working schedules and policies, employers can build trust for both the employee and the company. The greatest benefit of a flexible work environment is reducing the costs when it comes to employee turnovers. The employees feel more valued when given the freedom to work in a flexible schedule and hence they stay loyal and committed to the company, having no reason to leave whatsoever.
A flexible work schedule allows employees to avoid the stress of traffic especially during rush hours, which can have a huge impact on the employees mood for the rest of the day which directly affects their productivity at work. Driving to the office at 10 can show how fast you can commute to the office instead of starting at 8. Hence employees save money by having a reduced consumption of commuting time and fuel costs.
Since the company offers flexible schedules the employees have a great sense of job satisfaction, better health, increased work-life balance, and less stress which in turn help the employers as there is high productivity, less turnover, and reduced absenteeism. Hence there is a decrease in employee turnover allowing the employers to retain the qualified employees and save money.
It’s not just the employees who stand to gain from such initiatives, as companies can reduce costs, improve output and increase loyalty when these flexible work policies are executed properly.