How does providing access to flexibility impact a company’s bottom line?

by Nancy Rodriguez August 4, 2019

In today’s high tech and global economy more companies are structuring flexibility programs around the needs of their employees.  In return employees feel empowered to live and work in the best way that works for them.   These new strategies allow organizations to have a unique advantage to retain and attract new talent.

A flexible result driven culture not only attracts and, retain, and motivate employees to accomplish the business goals of the organization, it also impacts on how employees care for themselves and others, and maximize performance and productivity.  Family structures are much different than a century ago, women are choosing to stay at the workforce even after bearing children. The rates of single parents have also increased in the last recent decades. Many employees are not only taking care of their children but are also caring for their aging parents.

Flexibility in the workplace is vital to a company to survive in today’s changing modern world and it should be a norm as it has a positive impact on the business results of the organization. Employers who have flexible working arrangements experience less absenteeism and have more engaged and productive workforce, it increases employee’s loyalty, diversity, productivity, reduces stress in the workplace.  A company with Flexibility policies has a unique advantage and can use this as a differentiator from the competition and attract the best talent.

Companies must also implement flexibility policies to address matters of disability, which is important to remember one size fits all flexibility policies does not work for all.  An example is someone who may need access to public transportation may just need a different schedule to avoid rush hour. Organizations that take the time to recognize that their employees have different needs and offer a diverse array of opportunities are more likely to achieve their business results.

To implement a work flexible program, one needs to remain open as the needs of everyone may differ from the other.  Millennials for example may want to have more flexible hours or work from home. But boomers may want to have a different flexible option to care for their aging parents. There is not one size fits all strategy and the programs can be informal and based on the needs of the individual.

Another benefit of flexible working, for employers, is that it makes the business greener. By allowing your employees to work at home, the employees spend less time commuting and the less time spend commuting, translates to a decrease in a person’s carbon footprint. The organization can also save on having a smaller office space, which can reduce not only the rental bill, but also utilities and office supplies.

Companies who adopt flexible working options for their employees have clear benefits and a happier, more engage, motivated, productive workforce and a more harmonious work environment that can benefit everyone.


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