Consider These Benefits of Offering Flexible Scheduling
About 57% of organizations in the United States offer flexible schedules for employees. Many businesses have done so to attract new hires from younger generations. Millennials led many businesses to offer more flexible schedules because many of them were used to virtually submitting assignments in college on their time.
70% of people looking for a job have flexibility as a priority on their list. Additionally, 30% have left jobs for not offering enough flexibility. So, it has become important for businesses to find a way to offer flexible schedules. You may be thinking this kind of set up would only benefit your employees; however, there are a number of ways it could have a positive impact on a business as well.
Some employers are under the false assumption that allowing their employees a flexible schedule will decrease productivity. That isn’t the case at all. In fact, many employees find they are more productive when they are able to work on their own time.
By offering them a flexible schedule, you as an employer are also displaying trust in your employees, which helps increase productivity as well. In that trusting environment, many people are able to excel and focus more on the work at hand.
Employees who are given a flexible schedule option are also typically happier. There is more of a work-life balance for them. When they feel they have more time for everything in their lives, they are less likely to be stressed out over work and approach their job with positivity.
Offering your employees a flexible schedule will also result in fewer call-outs and absent workers. If your employees have a more flexible schedule option, they can schedule appointments and other events around their work schedule and vice versa. Rather than taking paid time off or calling out, they feel confident in taking care of both obligations (life and work).
It Actually Saves You Money
If increased productivity, fewer call-outs, and improved morale aren’t enough to sell you on offering your employees a flexible schedule, saving money should. Employers able to offer remote work can save up to $11,000 per year. This is just from saved office space, lighting, utilities, and other expenses associated with running an office.
Additionally, because your employees are happier, they are more likely to stick around, saving you the expense of having to replace them. If you need to hire someone, offering a flexible schedule to new employees will help you attract some of the top talents.
Flex Schedules Help Build Trust
Lastly, offering a flexible schedule for your employees can help build trust. You are giving them some freedom with their work, and, in return, you are able to reap the benefits above and more. If you are interested in learning more about offering your employees a flexible schedule, contact us to discuss what best works for your business.