Flexible work is no longer a benefit that is limited only to freelancers or employees within the gig economy. Many traditional organizations have come to recognize the benefits of flexible work as well and are in the process of implementing the strategy across the board.
As an employer you may face some complications and second thoughts in regulating flexible scheduling for your staff members. They seem like the only ones that will benefit from this process. However, smart employers who have been in business for some time now realize that they as employers get to benefit from flexible scheduling as well.
As an employer, you can offer a number of flexible work options to employees, with the most common one being in the form of flexible timings. If you have a performance measurement metric in place, you can measure employees on the basis of work done rather than on the basis of time spent at work.
In this article we look at some of the reasons you should offer flexible work routines to your employees. The work environment has progressed by leaps and bounds, and the current work environment warrants this.
Improves Retention
Flexible work is known to improve retention levels by manifolds within the organization. A flexible work routine allows you to retain staff members for longer durations and also helps you build a loyal work force.
In a recent survey it was found that 80 percent of employees that left their job recently would stick by if they were offered flexible work timings. In fact, 30 percent of all employees in the survey went on to say that they value flexible work over vacations and annuals.
Attracts Top Talent
Naturally, once you offer flexible hours and work routines, you will be able to attract the top talent in the market. The best talent in the market looks at perks and benefits like these to make sure they’re working in the best organization for their potential. Businesses that have flexible hours attract and retain talent.
Increases Engagement and Productivity
One of the reasons businesses today are interested in flexible hours is because this work pattern has shown improvements in employee engagement and productivity levels. Employees feel more engaged and productive if they are given the opportunity to work according to their own schedule. Additionally, the high personal productivity creates a chain reaction that eventually leads to an improvement across the board.
We at JS Benefits Group have worked with organizations to study work requirements and advocate the use of flexible work hours. You can get in touch with JS Benefits Group to discuss and devise a strategy.
