Technology advances and flexibility in the workplace have redefined the workday for many organizations and their employees. Having a flexible working environment means that your organization defines “work” differently and, as a result, new guidelines are established for when, where and how employees get tasks done. This also means that results are not gauged by how much face time employees put in at the office; their work is reviewed based on its quality and whether it gets done.
For employees, flexibility allows for an easier time managing work and family obligations. It allows individuals to engage in their roles as a professional, parent, school board member, coach, avid exerciser and/or homemaker all at the same time. Allowing workplace flexibility is a great marketing tool for the company and a solid way to recruit and retain talented employees.
Types of Flexible Working Arrangements
There are many types of flexible working arrangements being implemented across the nation which include:
Employers may offer these options on an as-needed basis or as part of formal programs for all employees. Employers can also create a workplace that is entirely flexible with no defined work schedule (known as a results-only work environment). Most employers tend to land somewhere in the middle and have formal yet flexible arrangements.
Benefits of Flexibility
Many companies have had a lot of success implementing flexible arrangements in the workplace. For companies with employees who are no longer forced to come to the office and do not have set work hours, turnover has declined and employee engagement has increased. These companies also received the following benefits from offering a flexible working environment:
Creating a Successful Program
Developing a program to make your workplace more flexible is fairly simple and requires minimal or no resources.
As baby boomers retire and younger generations enter the workforce, employers have to be more adaptable to their busy schedules. Employers are finding that some workers may not like a traditional schedule, elder care responsibilities require greater flexibility and parents insist that they have more time with their families. Furthermore, as the poor economy weighs on many organizations, employees may value more flexibility in lieu of a raise or bonus, which means savings for the company.
Since 2003, Apex Benefits has built a reputation on providing customized, calculated solutions that aid our clients in making effective benefits decisions for their employees. We believe that a company is only as good as its employees, which is why our team works with you personally to find employee benefits plans that truly benefit your company. We’ll provide the tools, resources and expertise to aid in benefits decisions, creating a continuous conversation about strengthening your workforce and making your business better.