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Business Benefits of
Flexible Working
Any organisation's people are a valuable and expensive resource.
Consequently successfully managed, flexible working arrangements can
result in enormous benefits to the business, managers and staff
alike. They include:
Cost Savings and Higher Returns
- There is a reduction in overheads and running costs through
more efficient use of facilities
- A motivated workforce achieves a demonstrably higher level
of productivity, which is then reflected in the organisation's
success
Improved Service Delivery
- Extended business hours can be covered with flexible work
schedules
- The ability to tailor the working day to fit in with
personal commitments releases extra energy to be channelled into
work
- Reduced stress means reduced sickness absence, while
personal commitments can be fulfilled in one's own, flexible,
time
Recruitment and Retention of Quality Staff
- Good work-life balance encourages employees to stay with the
organisation and not seek work elsewhere
- The increased retention of highly skilled staff cuts down
the need for and the cost of taking on new employees as well as
transfer of skills and experience to competitor organizations
- Flexible working offers a greater ability to attract high
calibre, new staff in an increasingly competitive labour market.
Organisations which show that they value their employees as
whole people gain or enhance an enviable reputation as
"Employers of Choice"
- An ever-changing composition of the labour pool over the
next few decades means that older people, careers and groups
with special needs will form a major part of the future labour
market. Flexible working attracts such employees
Source:
www.workingfamilies.org.uk |
