What is Flexible Work Arrangement?
With time, more and more businesses are shifting towards flexible work arrangements. Although researchers introduced this idea a couple of years back, it has gained much traction during the pandemic. People were thinking of quitting their businesses in the midst of the lockdowns. In such a situation, businesses started to shift towards flexible work arrangements that were no less than a savior for most of us.
Even if the pandemic is not the case, flexible work practices are beneficial for any business and employee. More commonly known as flextime, flexible work programs are the ones where employees are not bound by time and space. You would have heard a lot about large firms shifting towards this program. Nevertheless, to adopt it, it is vital that you know every detail associated with this arrangement. So, let’s first have a look at what a flexible work arrangement is.
Flexible Work Arrangements
What is flexible working and arrangement? A flexible work arrangement, commonly known as flexi-time or flextime, is a type of work schedule where the employees are not bound by the traditional working hours. They have the liberty to decide their working slot. As far as the workplace is concerned, they have the liberty to decide that as well. An office worker who is working under the flexible work programs has the choice to work from home or any other workstation.
The sole purpose of this work arrangement is to give the workers a chance to plan a personalized work routine where they can set their tasks as per their ease. Such practices are expected to help you sync your team and work better, hence have higher returns. Compressed workweek and telecommuting are among the most common practices under this program.
Adapting workplace flexibility is always a good idea, as it can help you avail of various benefits if you adopt them the right way. We know that you are interested in learning more about flexible work arrangements’ benefits. Therefore we have shared them below. Without any further due, let's have a look at what we have in store for you.
Flexible Work Arrangements Benefits
Adopting flexible work arrangements and promoting a hybrid work model is always a win-win situation for both the employees and the employers. We have listed the significant ones below to give you an idea of what you will be getting in return once you adopt flexible work programs. So, let’s go ahead and have a look at them.
Better Work-Life Balance
Flexible work practices have proved out to improve the flexible work-life balance for many office workers and managers. When you have the liberty to decide your working slot and your workplace, you can choose it the way it suits you best. In this way, you are able to give quality time to your family members and work equally. Having a better work-life balance helps you stay fresh and active.
Fewer chances of getting burnout
Since the employees have a flexible work environment with smart office furniture like an electric standing desk and office ergonomic chair, the chances of having burnout are significantly lesser in this work arrangement. The workers are usually stress-free, and symptoms of depression and blood pressure issues are lesser noticed here. Hence, the overall health of the employees is also seen to be improved.
Reduced turnover rate
Employees who are a part of the hybrid workforce are less likely to leave their job. This is usually due to the fact that these employees are satisfied with their workplace policies and are comfortable working under such a setup. Therefore, the firms that support flexible work programs tend to have a reduced turnover rate.
Higher productivity and output
As a manager, you can notice significantly higher productivity in your team once you adopt a flexible working model. Since employees are working in the most suitable time slots, they are more focused and dedicated. Hence, they stay productive throughout their active working hours. A higher productivity results in higher output; hence, you can produce more in less time and improve your team's progress.
Builds a better employer/employee relationship
Having a better relationship with your employee is the key to a successful business. In flexible work arrangements, employees are getting a right to discuss the times and workplace that suits them. You get a chance to understand your workers much better. Hence it builds a relationship of trust between the two. A trust relationship is vital for any business to prosper, so you can say that a better relationship helps improve your company's position in the bigger picture.
Ideal for people who have a second job
Flexible work practices are best for people who have more than one job. Such workers are able to divide their time as per their convenience and have a better performance in both places.
Wrapping It Up
We believe that all these benefits and outcomes of the flexible work programs are convincing enough to adopt them in your business system. Sooner or later, flexible work practices will become the new normal after coronavirus for most businesses. So, the earlier you shift towards such a setup, the more you can get out of them. We hope our discussion above has given you a clear picture of this work system, so making a decision won't be difficult now.
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