We keep hearing new terms such as compressed workweeks, working from home, working remotely, flexible working hours, and more. Statistics show that as many as 70% of workers believe in the concept of this new form of working. One of the key benefits of this form of working is it helps attain work-life balance.
So, what is a flexible work schedule? A flexible work schedule means employees have to decide their own work hours, working environment, and location so that they deliver the work deliverables in their own time. It can amp up their work satisfaction too. Here is why employees get the best out of working this way.
Helps Provide Better Results
Not every employee can reach their peak performance during the time frame of 9-5 time jobs. A too rigid timeline can make a person get too bound looking at the clock than putting up some serious work and this may affect their deadline.
A flexible work schedule on the other hand can help the employees come up with their productive best. You can come up with the best of your ability working from any part of the world. The flexible working hours can also help employees thrive in every way possible.
Ample Job Satisfaction
Which is more important work satisfaction or a high salary? While most may think the answer to the question will be a high salary, however, most millennials will veer towards getting job satisfaction. Reports say that 79% of employees with flexible work schedule has been able to derive satisfaction from their work by working this way.
Employees are said to be much happier when they have greater control over their working hours. Thus flexible working hours will help provide more employee happiness. And when employees are happier they ensure more growth and profitability. When employees are happier, they are in a better state of mind and are likely to ensure a good working relationship between employees and employers. Good camaraderie can mean the employer and the employee work in a more productive atmosphere.
Better Work Retention Possibility
Flexible working hours ensure that employee engagement and retention are high because of job satisfaction. Workers with flexible work schedules are much likely to stick to working at the office even during tough times.
For millennials, flexible working hours, perks, and benefits matter more than the salary. Flexible work arrangements are said to be one of the key benefits a company can offer to its employee.
Better Hire Practices
Flexible work arrangements can also impact hire practices. Most workers of high caliber won’t even consider working for companies that do not meet up their required needs. When a company fixates a particular time schedule on an employee, say a 9-5 job, the employees have a limited pool of employees whom they can employ. On the other hand, when they offer a flexible work schedule, they get to tap on a much diverse talent pool. This is particularly appealing to millennial workers who are looking for job flexibility more than ever.
Companies that give employees flexibility are much likely to attract top talent. Most millennials now prefer part-time workers, people who work from home, or people with different 9-5 working hours.
Promises Employee Engagement
One of the best ways to empower your employees is to show them respect as you allow more flexible work schedules. When employers offer more work flexibility, they can also trust them to get their work done no matter what happens.
Employees who are engaged with their jobs are much more likely to perform better at work. Engaged employers promise fewer missed days at work and more career longevity.
Work flexibility can also offer employees more peace of mind. The stress of working certain hours can impact their state of mind and make them feel more stressed than ever. However, flexible working like remote working, flexible hours, and reduced schedules) is so great that as much as 97% of people say that having a flexible job would have a more or positive impact to improve the quality of life. Stress even impacts people who love their jobs, so this can work in favor of people who get unduly stressed with the work atmosphere and stops them from working at their optimum level. Also, people who need a breather from co-workers and office politics.
Better productivity can mean an employee working in a peaceful working environment without having the mental stress to affect them workwise. Flexible working hours are here to stay and are dubbed as one of the best work rules for employees in recent times.