Thanks to a massive shift in technology, companies are starting to adopt flexible work arrangements for their employees. Companies are incorporating flexible work schedules, which involve giving employees the freedom to arrive and depart from work at varying times. This change in the professional landscape has proven to be beneficial for employers looking to increase business profits. Even human resources professionals are supporting the initiative; urging more employers to bolster their efforts towards this kind of set-up. Here are the main reasons why you should welcome flexible work schedules.
Improves employee retention
In today’s society, workers are leaning more towards jobs that offer an ideal work-life balance. With flexible work schedules, employees can do a much better job managing their professional lives if they too can have a full grasp of their personal life when they get to work. When they feel their managers value their time outside the office as much as when they’re in the office, they’re more likely to stay, improving employee retention.
Flexible work schedules make it possible to do remote work through telecommunicating. This could mean extra dollars for your bottom line as you cut costs on building expenses. When you’re a small business owner and choose the traditional work setting, you’re going to need to spend on office space with basic facilities to cater to your employees’ needs. On the other hand, businesses that allow employees to work at home, save money as they no longer need to spend as much on outfitting office space for every role.
Grows the business faster
Flexible work schedules allow employees more time to learn other things outside their jobs. These development opportunities can also be highly beneficial to your business while employees work around their educational goals. Employees can easily improve their skillset and offer something new to the table. Giving them more room to learn also gives your business more room to grow.
Produces better performance
Some companies remain apprehensive towards flexible work schedules because business owners believe, it leads to less productivity and sloppy output. However, this is only true without proper supervision. Workers are often actually more efficient and more productive in a job that offers flexibility. In fact, a Science Daily study showed that employees who have flexible work schedules exhibited greater levels of job satisfaction. Employees who can shift their schedules are twice as engaged at work compared to when they work at an office from 8-5. Flexibility makes them more capable of maximising their time, increasing productivity, and producing valuable results for the company.
Get flexible with Bartercard!
Offering flexible work schedules is indeed a good option to consider as it offers numerous benefits. From boosting employee productivity to driving higher sales – proposing flexible work schedules really works for many businesses in various industries.
Couple your flexi-work strategy by joining new avenues such as Bartercard to bolster revenue. Convert excess stock and downtime with a platform that utilises a flexible barter system so you put your company’s inventory, equipment, and employees to more effective use. Contact us today!