Many employees report that they are interested into pursuing new education, but the time is a limiting factor. Employees are better able to seek education opportunities.A study by Bristol-Myers-Squibb found that flextime employees scored an average of 30% lower in stress and burnout. Fewer employees in the office means office space can be smaller and used more efficiently. But the employees are getting a major benefit. If employees are working the same number of hours and accomplishing the same goals, flextime doesn’t cost the company any money. Flexibility is an economical benefit to supply.With a flextime schedule, it allows them to take “guilt-free” time off, and then make up the time later. Oftentimes when a life crisis comes up, or even when a “mental health day” is needed, employees are forced to lie and call in sick, or otherwise find ways to take time off.
![benefits of flextime benefits of flextime](https://www.vunela.com/wp-content/uploads/2018/05/austin-distel-FrCAf13JrYg-unsplash-585x293.jpg)
When IBM instituted flextime policies, they found that the retention rate significantly improved. A recent IBM survey found that work-life balance was a primary reason to leave the company, even more than salary and benefits.
![benefits of flextime benefits of flextime](https://www.spica.com/steam/dynamic/W1siZmYiLCIvaG9tZS9yYWlscy9jbXMvcHVibGljL3NpdGVzLzVkNjgzY2JkMjRkMzVmMTE0NzdmZWQwZi9jb250ZW50X2VudHJ5NWQ4YjIxNzUyNGQzNWYxMTQ3N2ZmNjAwLzVmN2YzOTQ1MjRkMzVmMmNhNmJmMjMzZS9maWxlcy9TcGljYUJsb2dfV2hhdF9pc19GbGV4aXRpbWUuanBnIl0sWyJwIiwidGh1bWIiLCIxMTUweDY2MCMiXSxbInAiLCJjb252ZXJ0IiwiLXF1YWxpdHkgODIgLXN0cmlwIC1pbnRlcmxhY2UgUGxhbmUiXV0/8b6647a68e757145/SpicaBlog_What_is_Flexitime.jpg)
Some employers might desire to have a “core period” where the employee is required to be at the office, so that it’s regularly possible for managers to touch base with the employee.Typically there would be a based number of hours, corresponding to the number of hours that would be worked in a traditional schedule.Often there would be some parameters to the schedule, based on the employer’s needs: However, in recent decades with the rise of two-worker families, many employees were finding the traditional workweek to the fit with their life needs, leading to more stress and unhappiness.įlextime is defined as a variable work schedule, where employers and employees agree on a certain number of hours to be worked, the employee is given the flexibility to choose when they’ll work. In the past, the standard 9am to 5pm schedule worked very well for the typical American worker. The reasons for employees vary, but many are looking for better life and work balance. The idea of Flextime is a growing trend among employers looking for ways to increase employee satisfaction and worker retention. According to a recent Discover study, a whopping 95% of employees listed ‘flexibility’ as a key attribute of their ideal job.