There is no doubt that workplace flexibility can support a range of needs and challenges experienced by employees.
But workplace flexibility can also support employers in meeting the demands of the 21st century economy. Workplace flexibility is now being used as a strategic management tool in a diverse range of industries. And employers who provide access to workplace flexibility find their employees:
- Are more satisfied, committed, and engaged with their jobs – leading to increased innovation, quality, and market share.
- Have fewer unscheduled absences – leading to increased productivity and revenue generation.
- Are more inclined to stay with their employer – leading to reductions in turnover and recruitment costs.
By reducing turnover rates, boosting recruitment, and enhancing efficiency and performance, a growing number of business leaders are recognizing that flexibility can actually increase their competitive advantage.