Flextime can help employers avoid expenses associated with paying employees for extra hours, such as insurance premiums and benefits. This can be a hard balance, especially in a competitive market, with a need for more productive employees. Some employers pay employees for overtime, but may also want to protect their time and reduce their financial investment. For example, an employer may require certain employees to be on call for emergencies in the morning or only during the day in order to handle a special project. This can increase an organisation's productive output and increase employee efficiency. Some employees have certain skills that their employers require only at specific times during the day. A company that offers flextime may attract more desirable people, which can lead to lower turnover and higher retention rates long-term. Part-time employees who prefer to work full-time may feel more inclined to stay with their current employer if they receive the proper support and resources that offer flextime options.
Workplace flexibility offers employees an opportunity to take advantage of a full-time position without having to change their professional goals or employment status.
Related: Work Flexibility: Definition, Importance, Types and How to Lower turnover For example, employees may provide great customer service and care about the work they do for their employer when they have more flexibility in their roles. They may be able to better balance their professional and personal lives, which can improve morale and reduce stress. Better moraleĮmployees in a work environment that offers flextime may feel more motivated and happy at work. For example, they can run errands in the morning when they're well-rested, clean the house when they're no longer tired from work or go to meetings in non-traditional hours when it's quieter. When they can take extended breaks, they're able to take care of other tasks or enjoy personal time. Some employees are more productive at specific times of the day, so they're able to do more quality work in less time when working flextime. For example, employees may go to an appointment during work hours and make up the time later in the day. They also may want to spend less time commuting or working in an office. Some employees want to work flexible hours so they can schedule functions with their family or simply leave the office earlier. Here is a list of flextime benefits for you to consider: Increased flexibility In this article, we define of flextime benefits and explore flextime drawbacks, describe the common types of flextime and list some industries that use it. Learning about the potential benefits and drawbacks of this scheduling system can help you decide if it's a good idea to implement with your team. This type of schedule provides employees with the ability to work a variety of hours that may differ from the traditional work schedule. Flextime is a type of work schedule that allows employees more flexibility.