

Provides them with more efficient use of facilities, desks, computers, etc.Ğnables recruiting and keeping qualified employees who have other life commitments.Gives them the ability to schedule work during quiet times to accomplish more.Helps them balance work-life relation which is important to employees who are parents, have some health issues or have 2 jobs.This means that employees can come to work earlier or later than the set time. Flexible working hours definitionįlexible working hours refers to the schedule which allows employees to start and finish their workday when they want. Employees at Bristol-Myers Squibb who use flexible work arrangements scored, on average, 30 percent lower in stress and burnout than those without flexibility.Resources / Glossaries / Terms & Definitions / Flexible working hoursįlexible working hours refers to the schedule which allows employees to start and finish their workday when they want. There was no difference in supervisors' performance rating. Flextime schedule benefits the employer because you still have core hours to hold meetings and collaborate while also having workers available at a wider range of times. After Eli Lilly instituted a flex week option, a survey found that the employees with the most flexibility and control over their hours reported more job satisfaction. Employees with flex-times tend to be happier at work.Since the survey IBM has beefed up their flexibility policy and found improved retention. An IBM survey of 42,000 employees in 79 countries found that work-life balance-of which flexibility is a significant component-is the second leading reason for potentially leaving IBM, behind compensation and benefits. Employees have a greater sense of work-life balance.When Accenture employers were asked to compare flexibility to other benefits or rewards, flexibility ranked in the top three, challenging the notion that compensation and advancement are employees' primary motivators. It gives employees the possibility to decide, to a certain extent, about their working. Flexibility is a cheap way for companies to "reward" employees. Flextime, in HR terms, refers to alternative or flexible work schedules.Another 23% of men and women said that it was somewhat important. Flextime Flextime is a variable work schedule, in contrast to traditional work arrangements requiring employees to work a standard 9 a.m. Of respondents to AstraZeneca's flexibility survey, 80% of women said that flexibility was very important in their decision to stay at the company as did 61% of men. About 80% of Accenture employees said that their ability to manage work and home life affects their career choices and their desire to stay at the company. Workers are more likely to stay put if their company offers flexibility.And a recent report by Corporate Voices for Working Families found that companies that champion flexibility yield a number of benefits. Yet, flexibility is the word du jour, at the tip of every employee's tongue, and possibly as desirable to today's overworked employees as, dare I say, sleep. When you think of your ideal job, what's comes to mind? Great salary? Potential to move up? Well, if you're like 95 percent of employees, it's flexibility, according to a Discover study.Īccording to the Society for Human Resource Management, only a bout half of employers often flextime-the ability to work a flexible schedule.
