Managing Flexible Work Arrangements
In
the twenty-first century, flexible working arrangements (FWA) are both vital
and relevant in the workplace. Organizations have the challenge of balancing
their employees’ work-life balance in order to reduce all of the problems that
come with it while maintaining efficient and effective performance. As a result
of the benefits associated with flexibility for both employees and employers,
many businesses offer flexible working arrangements to their personnel. One of
the most common benefits is greatly increased employee and organizational
performance. It also promotes a healthy work-life balance, resulting in less
stress and better wellbeing for employees, as well as lower absenteeism and
staff turnover for the company (Stella et al.,
2020).
Flexible work arrangements are any
arrangements that allow an employee to work outside of conventional office
hours or at a traditional work location. Flexibility can be achieved without
modifying a department’s regular operating hours or altering managers’
responsibilities or power.
Types of flexible work
arrangements
There
are many different sorts of flexible work arrangements, and selecting the
correct one might be crucial. It’s critical to understand the variations
between the various sorts of flex agreements, whether you’re a manager or a job
seeker.
Different
arrangements may appeal to different types of employees or be more suited to
various job descriptions. Regardless of which policy you choose, each one can
serve to establish a sense of what is expected and encouraged.
1. Telecommunication
2. Remote
working
3. Condensed
workweeks
4. Personalized
working hours
5. Part-time
positions
6. Job
sharing
7. Flexible
vacation time
Advantages of flexible
work arrangements
Employees
profit from flexible working arrangements in a variety of ways. Employees with
more flexibility in their work schedules have more time to meet personal
obligations. Employees are not required to skip work in order to spend time
with their children, make repairs at home, or pursue personal interests.
Employee
morale is likely to rise when employees are satisfied with their work-life
balance. Flexible schedules reduce absenteeism in the workplace since employees
are less likely to miss work. Employees that have greater flexibility are more
likely to stay at your company, which improves retention
Disadvantages of flexible
work arrangements
ü Isolation
is a problem for those who work from home.
ü Concerns
about trust and supervision.
ü Distractions
and non-work-related tasks are typical in a home environment.
Conclusion
Employee
well-being can be improved by reducing stress and strengthening loyalty through
flexible working arrangements.
References
2021. 7 types of flexible work arrangements. [Online]
Available at: http://www.zenefits.com
Bossart, M., 2016. The
basics of Flexible work Arrangements. [Online]
Available at: https://www.patriotsoftware.com
Stella, I., Nwokorie,
C. & Iheriohanma, E. B., 2020. Flexible Working Arrangments and
Organizational Performance: An Overview. IOSR Journal of Humanities And
Social Science, Volum 25(Issue 5), pp. 50-59.
With the right balance, flexible working arrangements can be mutually beneficial for business and its employees.
ReplyDeleteResearch shows that companies and teams who offer flexible work have lower employee turnover, and higher employee satisfaction and productivity.
That's true. When work place is flexible worker motivation automatically increasing.
DeleteNeed of the hour i would say. I have worked with flexible hours and my experience is it really helpful and encourage people to work more freely .
ReplyDeleteGreat, and thanks for the confirmation.
DeleteWork in a happy is new trend of working environment. For that flexible work arrangement is play vital roll. Motivated employee is the treasure of the company. they can change the company path way to prosperity.
ReplyDeleteCorrect.
DeleteMany firms provide flexible working arrangements to their employees as a result of the benefits associated with flexibility for both employees and employers. One of the most common advantages is significantly improved employee and organizational performance.
ReplyDelete