Flextime benefits for employers
Attracting Top Talent
Employers can attract top talent with this approach. Many desirable candidates seek flexible schedules, with flexibility high on their list.
Companies can anticipate more productivity. Employees working flex hours make the results more significant. Employees often appreciate the trust given to do their job without direct supervision. This also allows them to focus better on their tasks at hand.
Increase Employee Retention
Employees who can balance work and personal lives often stay with the same employer longer. This reduces turnover rates and saves money in the long run.
Employers can see certain costs go down. Fewer employees in the office mean less money to spend on a large office, electricity, water, and other common expenses.
Flextime benefits for employees
Better work-life balance
Allowing employees to work at a schedule that better fits their personal lives can help to create a better work-life balance. For example, some companies allow employees to work remotely or on flexible hours to take care of personal obligations during the day.
Increase employee satisfaction
Allowing employees more control over their schedules can lead to increased employee satisfaction. When employees feel like they are in control of their work hours, they often feel more engaged and energized about their work, leading to improved productivity.
Reduce Stress Levels
Having more say in when they work can decrease employee stress levels. While this system will not eradicate stress, employees can better navigate their time in ways that can make life easier.
Reduce Employees Expenses
Flextime can significantly reduce employees’ expenses. Commuting costs are drastically reduced when they do not need to travel during rush hour or opt for public transportation.
Flextime also can reduce childcare costs since employees may be able to care for their children during the day and still get their work done.