Flexible working is a hot topic in the UK, however, it is not fully understood by employers as well as employees. To be fair, there are many factors to consider from both sides. Therefore, we aim to address some key advantages for both the employees as well as the employers below.
Employers want staff to be as productive as possible, yet working from home provides the perception that employee performance will decrease. Businesses need to have motivated, committed and productive staff in order to be profitable and therefore sustainable.
Employees want to easily manage their work/life balance however cannot do so. Factors such as traveling to work is not only costly but also time consuming.
This presents a bit of a stale mate! So, let’s have a look at the advantages of flexible working.
Advantages of Flexible Working for the Employees
- Ability to meet family responsibility needs
Having the freedom to create your own schedule comes with responsibilities. However, this is a huge bonus from an employee’s perspective. For example, knowing you can fetch your children from school, attend their plays or even take a loved one to a doctor’s appointment without any managerial repercussions will promote loyalty and commitment to a business. This shows the employees that the business trusts them to get on with their work. In addition, this boost staff morale.
- Save time and cost
Long commutes to and from work results in shorter family time. Therefore this does not promote a healthy work/life balance. In addition, transportation can also be expensive. Working from home will eliminate traveling costs and make your staff more productive as traveling time will be allocated to business tasks.
- Reduces employee burn outs
Flexibility means employees can take a break when they need it. Employees can work on their own time schedule and in their own working environment. The employee can set up their own productive working environment without any of the office distractions.
Advantages of Flexible Working for the Employers
- Boost Employee Morale
A great staff morale not only retains top talent but also attracts the best candidates. In addition, retaining staff decreases the cost of training new starters.
- Decrease in overheads
There is no need for posh offices if your staff can work from home. Smaller offices result in smaller rentals, less energy consumption and minimal investment in office equipment. Businesses will save money which will increase their profitability.
- Enhances company image
Working from home is less stressful which positively impacts employee’s mental health. Business can therefore use their company culture as a marketing tactic to attract new customers. After all, customers will be more inclined to do business with a company that has a positive, fun and vibrant company culture.
Food for thought
Businesses need to support flexible working because of the financial benefits. If businesses are still not convinced, or the nature of their business does not support flexible working, then management should be more open minded about family responsibility. This will not work without having a certain level of trust as well as efficient communication. In addition, other job perks such as gym membership or weekly fruit deliveries will promote a healthier work/life balance.
For instance, MP Payroll Solutions has opted for a work from home option so that our employees can have a better work/life balance.
In conclusion, the world is changing, and businesses need to adapt to ensure sustainability as well as long term profitability. Employees will spend most of their adult life at work, therefore employee satisfaction is crucial in order to ensure staff retention, commitment and loyalty. Most importantly, businesses will reduce their overheads and become more profitable. There should not be an issue with flexible working so long as the work is being completed and the business is showing positive results. After all, how will employers see the benefits of flexible working unless they try it?