FLEXITIME?

Flexitime is a scheme where an organization gives its employees the opportunity of a flexible working hours arrangement

Under flexi time, there is normally a core period of the day when employees must  be at work (e.g. between 10 am and 4pm), whilst the rest of the working day is "flexi time", in which staff can choose when they work, subject to achieving total daily, weekly or monthly hours.  An employee must work between the basic core hours and has the flexibility to clock in / out between the other hours.  

WHAT IS FLEX??

A series of arrangements that enable your employees to work when, where & how they need to work

A performance tool that encourages your organization to become more result based, more transparent

A retention tool that enables employees to continue to deliver value to organization

An attitude that embodies trust & communication

COMMON FLEXIBLE WORK ARRANGEMENTS

Compressed work week Flextime Job sharing: An arrangement in which 2 or more

part time employees share the responsibilities of full time job

Part time work Telecommuting: regularly work at home or at an

alternative worksite during part or all of a work schedule

TECHNOLOGY FOR FLEXTIME

IM (MSN, yahoo, gtalk, skype) Email Basecamp File sharing (Google docs, Google calendar) WIKIs Virtual meeting software Teleconferencing

BENEFITS OF FLEXI TIME 

Benefits to your organization  Greater staff morale and job satisfaction.  Reduces stress and fatigue and unfocussed employees Increases employee satisfaction and production Greater staff retention and increased ability to attract new staff. 

Recruitment costs are thus reduced. Ability to attract a higher level of skills because the business is able

to attract and retain a skilled and more diverse workforce.  Measures employee’s attendance – you only pay or time in

attendance (delayed arrival caused by traffic congestion, delayed trains etc. are at employees expense)

An incentive to complete tasks instead of being carried forward to the next day as extra hours worked count towards the final target

Provides greater coverage in a 24/7 global economy Increased customer satisfaction and loyalty as a result of the above.  Combatting The Downturn - Pay matters can now be weighed

against now offering flexible working hours and arrangements.

Benefits to your employees  Improves productivity & performance Increased opportunity to fit other commitments and activities

in with work, and make better use of their free time. Lowers stress & employees are more in control of their

workloads, and manage a better balance between life and work. Allows you to schedule your travel; time to avoid congestion

Allows you bank time to be used for leisure/personal activities Avoid the stress of commuting at peak times if their start and

finish times are staggered or if they work from home Personal matters can be sorted without having to take time

off Helpful for people caring for children or other dependants, but

others may find flexible working helpful too

GENERAL OBSTACLES TO IMPLEMENTATION

Nature of work Managers perceptions & abilities Culture of workplace & how work is done Employee concerns

WHEN TO OPT FOR FLEXTIME??

Must meet business needs More common among professional staff Must achieve performance expectation Where managers & co-workers are trained about

how flexibility can help them achieve their business goals

Where employees are self-disciplined, self motivated & have strong work ethic

THINGS TO CONSIDER IN FWA Strengths: Direct improvements in quality & quantity of work Indirect improvements in job satisfaction, turnover &

organizational commitment Reduced Infrastructure costs Improved reputation as an “Employer”

Weaknesses: Not having the right technology Organizational commitment Misuse of the system by employees Administration of the system may make demands upon a

HR department and create additional workload.

Opportunities: It is the hour of the need to change It is the right time to act Helpful for organization working 24/7 Helps to attract talented workforce in diverse locations

Threats: The shift in mindset required Not giving equal opportunity to all employees Perceived costs Is it easily accessible for all employees

SOME FACTS AND FIGURES Spending time with family has become the priority of at least 85 per cent employees

surveyed, provided they are able to reduce the travel time to reach office.

This was followed by devoting time for exercising and getting fitter by 83 per cent of employees surveyed.

Importantly, in India, where 70 per cent of New Delhi inhabitants report traffic is a key inhibitor to work performance, workers reveal that the time saved on commuting would be spent on health and well-being activities such as getting fitter at the gym and spending time with family.

The survey noted that a 51 per cent of respondent are being provided with an option to work from locations other than their company's main offices for at least half a week helping them reduce the overall time spent on commuting.

Interestingly, the study said that 72 per cent of employees surveyed would also work harder, benefiting the company, if they could reduce their commute.

The study also reveals that if businesses were to extend flexible working practices for their staff, not only would employee health, morale and loyalty improve, but also overall productivity as staff would work more.

"2012 National Study of Employers" conducted by the SHRM and the Families & Work Institute found that 63% of employers allow workers to work at home at least occasionally, up from 34% in 2005.

CONCLUSION

FWA can help you achieve your Business goals FWA offers a wide range of business benefits FWA provide an alternative to layoffs