Should You Offer Flex Hours to Your Employees?
In today’s modern world, employees value having more options to fit their growing needs, from childcare to work/life balance, and employers are increasingly providing them in order to attract top talent.Flex hours are generally defined by a varied work start and end time and can also include a compressed work week, depending on the industry. They may allow employees to work from home or come into the office for a set part of the day and then work on their own schedule separately.
Here we analyze the pros and cons of flex hours to help you decide if offering them to your employees is a worthwhile decision.
Pros of Flex Hours
Flex hours have many pros, the top being increased work/life balance. If an employee who is also a mother or father is able to come into work at 7 a.m. in order to leave at 4 p.m. to pick up their kids from daycare and spend more time with their family, this is an example of flex hours. These hours allow employees to enjoy more work/life balance, therefore making them more productive during the hours they are in the office.Employees also work differently and depending on the type of jobs your company offers, some jobs may be more suitable to a full or partial work from home situation. While some people can only focus in an office environment, others don’t thrive in that setting. Allowing flexibility for your employees to work in the environment they excel best in can be a great way to attract a diverse set of candidates who are motivated to do their best work.
Cons of Flex Hours
While some companies believe their flexible hours are their biggest selling point, far more companies believe in the traditional working model, understanding the potential pitfalls of flex hours. The biggest factor influencing whether or not to provide your employees flex hours is what industry your business is in. Some companies can’t afford to give their employees flex hours because they are client-based, and those clients expect calls and in-person meetings within standard business hours. Some companies, such as restaurants, can provide flex hours in the form of shifts, but they must compensate with adequate staffing in order to make sure that there are enough workers during busy hours.It can also be hard for businesses to keep track of the hours their employees are working if the flex hours for so many employees are drastically varied. Accountability and abuse of the system is the dominant con with flex hours, as companies need to ensure that their employees are doing their work and are regularly clocking 40 hours per week. This can be prevented by implementing a system for employees, such as an online time tracking sheet, managers can always know how much time has been logged, regardless of when someone came in or left.
Greenlink offers Human Capital Management solutions that makes processing payroll easier than ever before while increasing accuracy. Keep track of your employee tie sheets whether you provide them flex hours or not with Greenlink. Contact us for more information.