Flexible work arrangements, known as flextime, refers to work environment and schedules that don't have normal constraints of a traditional job.
Flexible work arrangements
Flexible work arrangements, known as flextime, refers to work environment and schedules that don't have normal constraints of a traditional job. This arrangements take into account individual's personal needs and allow employees to better sync their work hours with their their personal responsibilities.
Most common example of flexible work arrangements is working from home aka home sourcing where employees work full-time from their homes. Other examples include job sharing, telecommuting and a compressed workweek.
Benefits of flexible work arrangements
Flexible work arrangements benfeit both the employee and the employer. Employees can achieve a better work-life balance, lower levels of absence and lower levels of stress. Iti s especially beneficial for parents, students, people with a second job or people with any other major life commitments.
Employers benefit from greater motivation and productivity, fewer overheads and an improvement in trust and the employer/employee relationship.
Risk factor in flexible work arrangements
Despite the benefits flexible work arrangements can provide too much employee freedom and cut their productivity.
In order to monitore and manage flexible work arrangements different HR softwares are becoming more popular as an easy way for employees to record, and managers to track, hours worked.
Explore More Terms & Definitions
- Functional job analysis
- Casual Employment
- Early Return to Work program
- Executive Recruiter
- Job Advertisement
- Loyalty Programs
- Organizational Culture
- Disciplinary layoff
- Human Capital Management
- Hidden Job Market
- Learning Management Software and Systems
- Total Quality Management
11 Similarities Between Recruiters and Marketers
[GUIDE] How to Successfully Hire for a Startup
Employer Branding at Continental: Interview with Ally Brown
Culture & People
5 Tips to Ensure Your Remote Employees are Productive