Work-life balance has become a priority, and flextime has become a popular work arrangement. Originating from the Nordic countries, flextime, a dynamic work arrangement, gives employees control over their schedules, improving efficiency and employee well-being.
What is flextime?
Flextime revolutionises traditional work hours by saying goodbye to the 9-to-5 schedule. Employees now have the opportunity to optimise their work schedules to align with their peak productivity hours or have a chance to run errands, like going to the doctor, during regular working hours.
The positive impact of flextime on employees
Employees can achieve peak performance by organising the workday around their most productive hours. This approach recognises the individual's unique circadian rhythm, the 24-hour cycle that regulates sleep and wakefulness. By leveraging this rhythm, employees can concentrate better, stay motivated, and deliver exceptional results.
Flextime gives employees ownership of their work schedules. This sense of autonomy and trust cultivates a positive work environment, increasing job satisfaction. When employees feel valued and have the flexibility to balance their personal and professional lives, they become more committed to their work and strive for excellence.
Avoid overworking and burnout in employees
Tracking working time is not a way to control employees, but allows to identify extra hours invested in work, helping them manage overtime and get well-deserved time off.
The World Health Organization estimates that over 745,000 people worldwide suffer from heart disease due to working more than 55 hours per week.
Time tracking is an easy solution to preventing burnout.
Flexible working time also gives the independence to manage work schedules according to employee’s needs. Doctor visits or picking up children from school are common scenarios where flexibility is crucial. With flextime implemented, employees can attend to these responsibilities without compromising professional commitments. The ability to decide when and where to work allows professionals to achieve a healthier work-life balance and avoid burning out.
Flexible work time as a way to attract and retain employees
In the competitive job market, attracting and keeping skilled professionals is crucial.
A study conducted by ManpowerGroup Solutions found that nearly 40% of global workers say flexibility is among the top three factors to consider when making a career decision.
Flexible work opportunity is a way to attract and hold top talent.
Accounting offices can position themselves as desirable workplaces, gaining a competitive advantage in the talent search.
Flextime has revolutionised the modern workplace, offering a win-win situation for both employees and employers.
By embracing flexible work arrangements, accounting offices can unlock the potential for increased productivity and job satisfaction and hire the best. It's time to recognise the power of flextime and harness its benefits to create a thriving and efficient workplace.
If you want to learn more about how to implement flextime in your company successfully, read our article about implementing flexible work arrangements here >
If you want to learn more about flexible working or Uku's flextime tool, listen to the webinar on this topic. Register here >