Across the globe flexible working ways are increasingly becoming the norms in the business world. The advantages offered by flexible work timings are many ranging from improved profitability of the organization to better work life balance. Today’s generation professionals are more driven by the work benefits and the quality of life they get in an organization rather than salary scale and their new technologically driven lifestyle questions the traditional 9 A.M to 5 P.M office timing criteria. Flexible working is also believed to be the driver of global economic growth worldwide with governments in various countries calling for changes in work practices.
We have analysed the practices related to flexible work timings followed by some
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To shed some light on the fact that flexible work timing can bring some actual value into the business we have collected data from across various private and public firms in India.
Role of Human Resource Management (HRM)
The role of HRM in Indian organizations has evolved as time passed by to sustain in today’s highly competitive world. The general functions of HRM are as follows Functions of Human Resource Management
One of the important functions Human Resource (HR) managers should focused on is retaining critical resource. Bringing flexibility in the working environment is one of the solutions.
IKEA, one of the world largest furniture manufacturers understood the significance of flexible work practices. In the early 2000s, the organization implemented various initiatives to promote work life balance and work diversity. Some of the initiatives taken by the company are related to flexible work design, work life quality, employee benefits and employee training and development.
HCL’s tagline “Employee First, Customers Second” initiated by Vineet Nayar is one of the famous HRM practices to improve the work life. It involves employees in various activities beyond work. It provides a platform to interact with the CEO. It aids the employees in voicing their opinions directly to the CEO. The company has introduced an intra-social network where the employees can interact with each other to facilitate
The report is based on responses collected from more than 1000 employers and 2000 employees, considered UK workforce only and was conducted in early January 2012. The report presents an in-depth view of the types of flexible working provisions offered by employers including part-time working, working from home, flexitime, compressed hours, career breaks/sabbaticals, mobile working, term-time working, secondments, annual hours and time off work in the community.
Businesses should evaluate their flex work arrangement on a regular basis. As the bar graph shows above, company that doesn’t offer flexible work arrangement has
Employers should provide a flexible working environment for their employees as some employees have medical conditions for example diabetes which requires the person to eat regularly and carry medical equipment with them including medication and a blood sugar level machine to check their blood sugar levels regularly. They should also make it flexible for people who have children in child care centres, so those employees can leave work early as child care centres close at 6pm and in case and employees child is sick so they can go and collect their child and look after them. Employers should also provide a flexible working environment for employees so they can attend medical appointments as some specialist appointments require you to do preparation
Flexible work arrangement is “a spectrum of work structures that alters the time and/or place that work [is achieved] on a regular basis” (Worldat Work). These arrangements differ from company to company. Flexible schedules must take into
A flexible working environment is detrimental to the workforce of today's society. Society exists in an ever changing, fast and evolving world in which the fluid nature and culture of employees, needs to be considered. Employers who embrace a flexible working environment for their employees will see double the returns in productivity, initiative and drive to succeed in achieving company goals.
Today I am going to talk about why employers should provide a flexible working environment. It enables a business to tailor working patterns to suit a particular industry. It also gives employees an opportunity to balance work and important life commitments.
Flexible work practices are work arrangements that vary from the 'traditional ' work pattern of '9 to 5, Monday to Friday '; and there is a very diverse range of possible options.
Work-life balance is imperative to adhere to for all working professionals to avoid burnout or an induced level of stress. Excessive workloads and the feeling of being burned out can translate in other areas such as one’s overall health. In my experience, I have witnessed several employees request a leave of absence due to an enormous level of pressure they feel always to be “on.” Inefficiency and social forces are direct resultants from a work-life imbalance. In today’s workforce employers have implemented several kinds of flexible working arrangements to counteract the overexertion employees tend to exhibit.
Flexible work options can help business to attract and retain employees by making it easier for them to balance their work and outside-work commitments. They can also enable your business to achieve a better match between staffing levels and workload or customer service demands.
This essay will discuss and analyse why flexible working practices are an important feature of UK business organisations, by providing specific organisational examples and justification through academic theory. Flexible working is a form of employment that suits an employee’s needs such as, having flexible start and finishing times, or working from home opportunities. In the UK, all employees have the legal right to request flexible working hours from their employers. Additionally, employers must deal with these requests in a reasonable manner, for example, employers may analyse the
Workplace Flexibility is the variations in work schedule that is typically a core time for employees to work; the advantages, disadvantages and benefits for both the employer and employee working either full-time positions, based on the needs of each employee that are within set parameters and approved by the immediate supervisor. Flexible Work hours, Breaks/Lunches and Short and Long Term Time off. How the schedule can add more value to effective productivity and performance of employees to improve work-life balance in the workplace.
However the Redgate Company has their own principle that “motivation isn’t about carrots and sticks” which they believe that threat of punishment and constant surveillance are not compatible with any great fulfilling work. They also believe in generating appropriate restrain and then the employee can have the freedom to excel. (Red Gate Employee Innovation, 2016) This is the main reason why Redgate Company is setting a flexible working hours for their employees. They believed that flexible working hours will motivate the staff as the staff do not need to work during the normal office. Eventually, the employee will not feel any pressure at work and can work productively because they are satisfied about the balance hour between their work and personal lives. Furthermore, the work deadlines are more realistic. (Companies,
However the Redgate Company has their own principle that “motivation isn’t about carrots and sticks” which they believe that threat of punishment and constant surveillance are not compatible with any great fulfilling work. They also believe in generating appropriate restrain and then the employee can have the freedom to excel. (Red Gate Employee Innovation, 2016) This is the main reason why Redgate Company is setting a flexible working hours for their employees. They believed that flexible working hours will motivate the staff as the staff do not need to work during the normal office. Eventually, the employee will not feel any pressure at work and can work productively because they are satisfied about the balance hour between their work and personal lives. Furthermore, the work deadlines are more realistic. (Companies,
Flexible working system can reduce the costing by reducing the employee rate of absenteeism or late and also attract young workers in order to greatly improve the economic benefits. According to many studies that suggest about 60% and 70% employees don't want to work in a day, which is due to their personal reasons, they think flexible working system can bring a lot of advantages to them.(Plowman,2010) For example, flexible
Having the right Work-Life parity is progressively vital nowadays with more individuals finding that their working day gets longer as organizations battle to stay aware of the interest for 24hr services. Workers love flexible work plans, and superintendent’s advantage from higher resolve, lower non-appearance, and having the capacity to draw in better quality specialists. There are numerous organizations that are beginning to acknowledge how flexible functioning can benefit them particularly in these troublesome financial times. Flexible working practices can bring the accompanying advantages to an organization and its