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Flexible working is about working time, not time off. It is about making more efficient use of the time worked to the benefit of the business and about giving employees a greater level of trust and ownership of their time.
Not all types of flexibility are appropriate for every type of business or every job function. Different strategies have different impacts on the business. Flexible working arrangements most commonly employed are:
- When Employees Work ie: Flexi-time / Compressed Hours / Annualised Hours
- flexibility for staff whilst maintaining total hours for organisation
- addresses needs of individual and business
- organisations can be better prepared for hiatus in demand
- encourages personal responsibility for productivity
- encourages closer teams as identifies mutual benefit in individual's welfare
- Reducing Hours Worked ie: Part-time / V-time / Job share
- saves on recruitment costs as lowers churn rate
- retains knowledge in organisation
- betters maternity return rate
- encourages women into senior positions
- keeps winning teams together
- Where Employees Work ie: Occasional homeworking, regular or permanent / hot desking / hotelling
- raises productivity
- reduces office costs
- saves wasted time from travelling
- prevents loss of time through domestic needs
- encourages better communication skills
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