Four Ways Flextime Benefits Businesses And Employees
Running a business can be difficult. Distractions, unexpected demands, and unplanned crises often cause setbacks and slowdowns at the office. It is no surprise that many companies are trying to find a better way to manage their workflow. Employers who want to make their employees happy and their businesses more efficient can benefit from flextime.
What exactly is flextime, and what are the benefits?
Flextime allows employees to vary their start and end times on a daily basis, including the ability to work from home or another location during business hours. Employees can take their children to school, pick them up from daycare, or go to PTA meetings without asking for time off or taking vacation days. It also gives them the flexibility to work from home if they're sick or need to be out of the office for other reasons.
It helps with productivity and performance.
According to a study by AIHR, 60% of flexible workers say the flextime setup makes them more productive and engaged when in the office. Flextime gives employees more control over their schedules, allowing them to manage their work lives more effectively and ultimately improving their performance and productivity. They can schedule meetings around family commitments, work from home when needed, and adjust their hours to miss rush hour.
It helps with recruitment and retention.
Employees with greater control over their schedules are often happier at work and less likely to leave for another job. And when companies offer flextime, they can attract more qualified workers who don't want to or can't have a traditional work schedule.
It can be a morale booster.
Employees who have the freedom to choose their own schedules are more likely to feel valued and respected by their employers. They may feel less stressed about needing to take care of personal matters during the day because they know they have more control over their schedules. This improved morale leads to increased job satisfaction and retention rates.
It can save money.
Offering flextime can also help businesses save money on utilities, rent, and other fixed costs. You don't need as much office space if your employees aren't all there at the same time, and you won't have to worry about paying for those empty desks during slow parts of the year (or even whole months).
Ultimately, flextime may not be for everyone, but it's still a viable option for many companies looking to run more efficiently. As more companies adopt flextime programs and learn to adjust their schedules accordingly, both employers and employees can benefit from the change.