It’s a fact that many employees enjoy the benefit of a flexible workplace. The 2012 National Study of Employers found that people like even limited flexibility, including things like flexible scheduling and working remotely a day a week. The survey found that companies are working to provide employees with a better work-life balance.
What do the most effective employees offer?
Study Findings Show Numerous Methods to Flexibility
A further look at the study shows details about how employers are achieving this work-life balance for employees. The study found that a flexible work environment creates a number of improvements in the workplace, including the following:
- Improved loyalty to the employer and the company’s objectives
- Improved physical and mental well-being for the employee, including lower tress levels
- An overall higher rate of job satisfaction, a sense of true accomplishment
- The ability to take time off to handle life responsibilities without the fear of losing a job
- A reduction in the amount of life emotions spilling into the work environment
With these types of potential improvements to the workplace, why wouldn’t any company do it? The reasons often lie in the belief that it is not financially affordable for an employer to offer such flexibility.
The Cost Savings of Being Flexible
Though many employers believe that offering flexible benefits, including things like being able to work remotely, will minimize the overall effect of management or may cost the company too much, this is exactly the opposite. Case after case indicates that allow employees to work remotely actually reduces company overhead by millions of dollars annually. Without the costs related to managing a building or handling in-office perks, costs go way down.
It makes sense, then, that employers work to implement more flexible work schedules for employees. In doing so, it not only benefits the employees and keeps them happy, but it also helps to reduce overhead charges for the employer. That’s something that may be more valuable right now than ever.
With improved retention numbers, better innovation, healthier employees, and overall boosted employee morale, offering a flexible workplace may be exactly what the employer needs to do. This is very much the case in instances in which these are problem areas for the organization.