What are the advantages of using flexible work practices in an organisation?
Mariam Peyton is a professional Financial Analyst. She holds a Masters degree in Economics. She specialises in financial analysis and forecasting. Her expertise includes studying the financial performance of companies, markets and entire industries looking for trends, insights and information that can help you glean rich insights for use in academic and market research.
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A considerable number of contemporary Human Resource Management literature examines or provides for the issue of flexibility or resilience in the organization based on the perspective of either the employees or employers. This is mostly a result of the socio-economic changes that have occurred in the last decade which have in turn motivated organizations to turn to better employment systems. The author tries to provide the reasons for using flexible work practices in an organization
What is flexible working? It refers to any work arrangement in an organization that gives employees more flexibility in how they operate their day-to-day activities.
What is the importance of flexible work arrangements in an organization? Flexible working provides employees with increased job satisfaction, better health, increased work-life balance, higher productivity levels, lower turnover, and reduced absenteeism among others to be discussed in detail in this essay.
How does flexible working improve productivity? Flexibility in the workplace results in a better work-life balance. Once employees have more control of their time, they are most likely to complete their tasks on time and even get more done thus increasing their productivity, increasing employee retention, and job satisfaction among others.
Primarily, this essay looked at the benefits of flexible working practices and these include; higher levels of job satisfaction, commitment, and productivity.
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What are the advantages of using flexible work practices in an organization?
a Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Understand the meaning of flexible work practices in an organization
- Understand the advantages and disadvantages of using flexible work practices in an organization
- Apply flexible work practices to a real-life organization
1.0 INTRODUCTION
The current working environment is diversifying rapidly resulting in more challenges and opportunities for companies and organizations all over the world. As a result, the traditional ways of working are undermined since the work landscape is now redefined by advanced technologies, new societal values, changing demographics, and rapid globalization. This study examines various reasons for using flexible work practices in an organization.
What is meant by flexible work practices? According to Armstrong (2014), flexible working refers to a work practice where working hours differ from normal standard working hours or work arrangements. The primary purpose of flexible work practices is to increase operational flexibility, develop employees’ skills, reduce the cost of employment and improve employees’ productivity.
What is the importance of flexible work arrangements in the organization? Flexible working provides employees with increased job satisfaction, better health, increased work-life balance, higher productivity levels, lower turnover, and reduced absenteeism among others to be discussed in detail in this essay.
How does flexible working improve productivity? Flexibility in the workplace results in a better work-life balance. Once employees have more control of their time, they are most likely to complete their tasks on time and even get more done thus increasing their productivity, increase employee retention, and job satisfaction among others.
Primarily, this essay is going to look at the various benefits of flexible working practices among which include; higher levels of job satisfaction, commitment, and productivity to be addressed in detail in the following sections of this essay.
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