A recent survey shows that employees with children value flextime more than salary. Learn how you can make the most of offering your employees flextime.
AUGUST 24, 2017
Some company owners have added flextime as one of their perks to lure and keep top talent. And according to a recent survey by online service FlexJobs, it may be an option worth considering.
FlexJobs surveyed nearly 2,000 parents with children 18 and younger living at home. (The company services professionals seeking flexible schedules and freelance jobs.) The survey found that the majority consider work-life balance and flexible schedules more important than salary when evaluating job prospects.
“A perk like flextime could be the deciding factor for employees who are increasingly focused on quality of life,” says Don Rheem, CEO of E3 Solutions, a provider of employee workplace metrics and manager training. “Giving staff more scheduling autonomy sends a message that workers are trusted and that can increase their engagement in the workplace.”
Jason Cummins owns All Hours Air Inc., a heating and cooling installation company. He finds flexible scheduling works well for his business. “Sometimes my employees have to work late into the evening, so I allow them to come in to work a bit late. They perform better when they’re well rested, which means a better advantage for me and the business.”
Offering flextime can be a way to keep incredible employees who would otherwise not be able to work at your company anymore, adds Peter Yang, co-founder of ResumeGo, a company that offers career coaching and resume writing services.
“For many of our employees, better performance and improved productivity come naturally with flextime,” says Yang. “Some employees are early birds, while others are night owls. After building a certain amount of trust, we encourage all of our employees to tell us when they’re the most productive and to simply work during those hours.”
How Employee Flextime Can Benefit Your Company
Flextime’s benefits are clear for employees, but how can business owners make the most of offering employees flexible scheduling? It turns out that offering flextime may also have some perks for your company. “Having some employees work odds hours—like weekends or evenings—can be beneficial to your business,” says Adda Birnir, CEO and founder of Skillcrush, an interactive learning community that teaches tech beginners digital skills. “For example, flextime gives Skillcrush greater customer service coverage and the ability to turn things around faster, because of the extra time employees spend working outside of normal work hours.”
Just as some employees are most productive in the wee hours of the night, some workers need daily physical interaction and the stability of fixed work hours to excel.
Will Flextime Work for Your Company?
Before you consider offering flexible scheduling, it’s important to ask yourself if flextime will work for your company, believes Sophia Bland, co-founder of Mock Interview. The company provides interview coaching and conducts mock interviews using a team of nearly 60 employees from around the globe. “What will providing flextime do for your company?” asks Bland. “It might allow your business to handle an influx of clients who want to work with your company outside of traditional hours. Sometimes it will make your company more efficient, as some employees are more productive when they work non-traditional hours.” It’s also a good idea to look at what work style works best for your organization. That can be a company-specific decision, notes Rebecca Cenni, founder of Atrium Staffing, which provides workforce solutions to midsize and Fortune 500 companies. “What are your competitors doing?” Cenni asks. “Could employee flextime help with retention and attracting top talent? What are the up- and downsides of offering flextime for your company?” Taking some time for assessment is important, advises Brie Weiler Reynolds, senior career specialist at FlexJobs. She suggests asking these additional questions.- What types of flexible work will integrate within your workplace culture and your worker’s needs? Some options include full or partial telecommuting, flexible schedules, part-time options, summer Fridays off and job sharing. Consider conducting a survey to learn your employees’ preferences.
- Which roles should be eligible for what types of flexibility? Customer-facing roles will need to be completed in the office, but employees who work mostly on the computer or the phone can often work from home.
- What are your main goals for using flextime? Is it to increase productivity, improve employee satisfaction and morale, reduce real-estate costs, and/or expand your business offerings?