Do you work for a company that is open during the day and then closes up at night? Do you want to work from home but can’t because your office is closed all day? If so, it might be time to consider a flexible workplace. A flexible workspace can offer many benefits: more flexibility in scheduling, reduced stress levels, increased productivity, and more. In this blog post we will take a look at these benefits and why they are important for any business owner!
Benefits of a Flexible Workplace:
More flexibility in scheduling.
Reduced stress levels.
More time to spend with family and friends.
Better health for employees.
Reduced absenteeism from work because of a bad commute or too much overtime hours at home (and therefore more outlay).
Improved collaboration between co workers that can’t always be in the office together, such as people on different shifts like night owl vs morning person, remote team members who are working remotely full time, etc. In other words – you could have an open workplace 24/365!
Benefits of spending less money: Less turnover rate means reduced hiring costs and training costs per employee which is up to $14K over an 18 month period according to one study by CBS news article “The Hidden Cost of Employee Turnover”.
Spending less money can be as a result from reduced absenteeism and turnover rates.
Employees are healthier because they have more time to take care of themselves with increased focus, better health for employees (less stress), and improved collaboration between co workers who can’t always be in the office together.
Increased work efficiency which means you need fewer people on your team or spend less hours at work per week – this will save payroll costs or allow you to hire other staff members when needed without having to worry about maintaining constant high output yourself. This also reduces overhead expenses like rent payments, utilities bills, etc., since there is no requirement that all offices must stay open 24/365 but only certain ones that you can designate based on their importance.
Reduced hiring costs associated with a constant need for new employees to replace old, and the difficult process of training them up in your company culture – assuming you still want to keep an office space open 24/365, this is not always necessary since people can work remotely during off hours or when they are sick.
Increased efficiency from remote staff members because there’s no time wasted going into the office every day where sometimes meetings just happen before lunch and it takes away valuable time working instead of being able to focus on work at home. This also increases retention among those who would otherwise leave due to personal reasons like wanting more flexibility outside of the workplace (eldercare, family care, etc.), or just plain burn-out that can come with the “normal” office life.
Reduces wear and tear on your company’s building, saving you money in repairs and maintenance costs over time.
Expands opportunities for people who are unable to find work due to geographical location (whether they live somewhere rural where there are no jobs available), disability status, or other reasons out of their own control like a natural disaster affecting infrastructure/job availability.
The benefits from this type of shift in culture could be huge – more productive employees, happier staff members, better retention rates within your organization as well as an increase in competitive advantages when it comes to recruiting new hires.”
There has been a lot of talk about the pros and cons of flexible workplaces recently.
The benefits of flexible workplaces can range from decreased absenteeism rates to better work-life balance. The most important thing is making sure that the employee’s needs are being met, whether it be an early morning arrival or a late departure time.” However, before jumping into this type of environment you’ll need to establish a strong support system for your team – including senior leadership and HR teams as well as regular checkups with staff members. We’re not saying there won’t be any challenges (there will definitely be some), but by taking on these necessary steps in advance we can help ensure success down the line.”