Employer Benefits of Flexible WorkingFlexible working in Australia and New Zealand is becoming widely accepted and a hot topic. In business today, flexible working isn't an option - it's a necessity. There are a numbers of employees wanting to work flexibly in order to achieve a work life balance. Apart from your legal obligations, businesses are appreciating more and more how flexible working can benefit their performance through improved staff motivation and productivity.
Attract Skilled & Motivated Staff - Retain Talent
As well as attracting more talent providing flexibility helps you keep trained, skilled people whose changing circumstances may otherwise have led them to leave. Higher retention rates of staff and increased return rates from parental leave. When an Employer holds onto its most skilled and experienced people it's good news for all involved.
Staff morale is higher and this increases your bottom line, productivity and profits. Today's evidence shows that flexible and enlightened working practices are good for business. Achieving a work life balance between the needs of home and work is a win win for the employee and the employer.
A happier workplace is created, teamwork improves, stress levels are reduced, motivation increases and knowledge and enthusiasm is shared
Staff stress levels drop, unplanned absences are reduced as employees are able to balance their work and family responsibilities.
Managing a more diverse workforce as leaders and managers you are compelled to "look outside the square".
Attract new talent and recruit hard to fill positions as you are known as an Employer of Choice. Flexibility will give your business a bigger pool of talent to draw from and a real competitive advantage. Customers are also attracted by the favourable image and employee motivation can be easy to maintain because of a shared pride. People who work for best employers let others know about it.
Office space can be reduced and used more effectively which lowers accommodation costs. Desk sharing can be introduced if employees work remotely and flexibly. A flexible and remote working plan enables companies to retain valued staff by offering them choices to suit their lifestyle demands.
Flexible working times can help businesses to better meet customers needs as working patterns can be matched to when the service is required with the ability to match work provisions closely with customer/product demand.Contact time with clients is increased as a result of reduced travel. Giving employees more control over their work life balance also means they are more productive during each working hour.
Smaller businesses often offer flexibility as a successful recruitment tactic. It is one of the ways they can stay competitive with bigger companies. In addition, many businesses provide flexible work schedules because they think such policies simply make good business sense. Flexible schedules provide a work-life balance which is favoured by many potential employees, and instating such policies can help small businesses to attract and retain the best of the best
Companies can save substantial amounts of money through flexible working. Reduces business expenses: sick time (less is used); productivity (employees are more productive);resources(less computer space and access are needed, increased hours of customer service; employee safety (fewer accidents at the job site and commuting);environmental requirements(reducing the number of commuters) and relocation of employees (tele-working may avoid relocating workers
Australian data from the 2007 National Work/Life Benchmarking Study (Barbara Holmes, Work Life Balance International) found that best practice organisations reported the following key benefits from flexible work arrangements:
Lifestyle Careers are pleased to advise that we have established partnerships with the leading flexibility experts in Australia and New Zealand to assist you on how to make the most of flexible working and implementing flexible work practices within your organization.