The pandemic forced the world to take a long, hard look at the way we do business. Despite all the damage that Covid-19 has done, it has fast-tracked the rise of the digital economy and vaulted us years forward in consumer and business digital adoption.
Being aware of the advantages will help you to make an informed decision if you have been wondering which route would be best to take for your business.
1. Flexible working boosts productivity
Flexible working hours can lead to your employees being more productive, allowing them to work when they are at their best. If a certain employee is a morning person, that might mean getting to their desk super early while allowing them to finish early.
2. A reduction in overheads
Working from home, or even in a co-working space, can massively reduce commuting time for your employees. A reduced commute (because flexible arrangements allow your employees to commute out of peak times and therefore reduces travel time) may have a positive effect on your employees by reducing stress and lateness.
Flexible working also means reduced costs and overheads for your business as less office space, furniture, office equipment and infrastructure are required.
3. Improved employee morale
Flexible working arrangements can boost employee wellbeing by reducing stress and strengthening loyalty. A boost to morale helps with levels of absence and can improve productivity. Different working hours and the extended use of technology might even mean your business can offer extended hours, services, or a greater range to clients or customers.
4. Flexible working helps recruitment.
Recruitment is nearly always a key area for employers, so building a reputation as an understanding employer who is flexible and who both trusts and accommodates their employees, can enhance an employer’s reputation in the labour market. Making flexible working a success can assist in strengthening your business's credentials as an employer.
There is no right or wrong answer when it comes to deciding whether or not flexible working is a viable option for your business. There are pros and cons to this decision, but there are many different solutions in place to assist you to deal with the cons so that you can focus on what is really important. Implementing a good business process management system is just one way to minimise your risk and maximise your business's workflow. At the end of the day, how successful this transition ends up being will depend on what you and your employees make of it.
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