SlideShare uma empresa Scribd logo
1 de 19
Guide - Mrs. Jyothi Singh
Presentation by- Archana Hegde
Dept. of Management Studies
M S Ramaiah Institute of Technology,
Bengaluru
1
CONTENTS
Flexible Work Arrangements
Flextime
Types of Flextime
Flextime Schedule
Benefits of Flextime
Companies adapted Flextime
Obstacles
Steps to overcome obstacles
Conclusion
2
Common flexible work
arrangements
Flexible work
arrangements
Compressed
Work Week
Job
Sharing
Flextime
Telecommut
-ing
3
What is Flextime?
A work schedule with variable
starting and ending times, within
limits set by one’s manager.
Employees still work the same
number of scheduled hours as they
would under a traditional
arrangement. (7 am-3pm or 10 am-
6pm)
4
HISTORY
5
Haller founded a company in the UK in 1971
and registered the trademark "Flextime", the mark
remains the property of that company's successor
HFX Ltd.
Traditional Working Hours
6
7
Types of Flextime
• Staggered hours within a fixed schedule: (e.g.,
Monday–Friday,7–7).
• Core hours within a variable schedule: (e.g., set
coverage 10–2 everyday, but the other four
hours per day vary)
• Variable day: (e.g., Monday-Wednesday 10
hours, Thursday - Friday 5 hours)
• Mid-Day flextime: (e.g., work 8–12; break 12–
2;work 2–6).
8
How is a flextime schedule created?
Develop a plan
Develop selection criteria
Submit a written request
Communicate and decide
Document 9
http://www.workforce.com/article
s/sample-flextime-policy
Benefits of Flextime
10
• Offers a no-cost or low-cost initiative
with high ROI
• Reduces unplanned absenteeism
• Enhances reputation as an employer of
choice
Employer
benefits
• Increases job satisfaction, loyalty and
engagement
• Improves productivity and performance
• Lowers stress and health care costs
Employee
benefits
11
STATISTICS
SOURCE-
Flexible Work Arrangements:
A Strategic Business Imperative in Any Economy
BY- Judi C. Casey, Work and Family Research Network Boston College
• 96% report that flexibility influences their decision to stay at the
company; 73% say that flexibility is “very important” in that
decision, and 23% say that it’s “somewhat important.”
• Employees who use flexible work arrangements scored, on average,
30% lower on stress and burnout.
• Bank branches with flexible work arrangements had attrition rates
50% lower than other branches.
12
Flextime adapted companies
13
General obstacles
• Nature of work
• Managers perceptions and abilities
• Understaffing
• Difficulty in arranging meetings, projects etc.
14
Overcoming the obstacles
Effective steps to reduce obstacles at your organization:
• Train managers and co-workers about how flexibility can help them to
achieve their business goals
• Train managers and co-workers about how to implement and sustain
FWA
• Encourage communication about how work will get done and the
“rules of the game”
• Use evaluation to demonstrate impacts, make improvements and re-
measure
• Make managers accountable for creating a work environment where
employees can thrive at work or home.
15
Conclusion
• Flextime can help you to achieve your business goals
• Flextime offer a wide range of business benefits
• Flextime provide an alternative to layoffs
• Research data documents the significant ROI of FWA
• Obstacles exist but can be overcome
16
Yes, Flextime is working relevant today.**
Bibliography
• Flexible Work Arrangements:
A Strategic Business Imperative in Any Economy
BY- Judi C. Casey, Work and Family Research Network Boston College
• Times of India Article - http://timesofindia.indiatimes.com
• KMC Solutions- http://kmcsolutions.us
• Money - Fax- http://money-fax.com
• University of Technology Sydney -
http://www.hru.uts.edu.au/conditions/hours/support/flexible.
html
• Dublin City University-
http://www.dcu.ie/hr/FlexitimeRulesDec05.pdf 17
18
19

Mais conteúdo relacionado

Mais procurados

C:\Fakepath\Work Life Balance
C:\Fakepath\Work Life BalanceC:\Fakepath\Work Life Balance
C:\Fakepath\Work Life BalanceAshwinkumar Kokku
 
Work Life Balance Presentation Deck Linked In
Work Life Balance Presentation Deck Linked InWork Life Balance Presentation Deck Linked In
Work Life Balance Presentation Deck Linked Inwschopp
 
Work life balance issues- How to deal with it.
Work life balance issues- How to deal with it.Work life balance issues- How to deal with it.
Work life balance issues- How to deal with it.Sandipan Samaddar
 
Flexible Working Arrangements
Flexible Working Arrangements Flexible Working Arrangements
Flexible Working Arrangements GAURAV. H .TANDON
 
How to Craft a PTO Policy That Works for Everyone
How to Craft a PTO Policy That Works for EveryoneHow to Craft a PTO Policy That Works for Everyone
How to Craft a PTO Policy That Works for EveryoneNamely
 
Work - life - balance
Work - life - balance Work - life - balance
Work - life - balance Alex Mendoza
 
Work life balance
Work life balanceWork life balance
Work life balanceshivali
 
Life Balance: Importance and Approach
Life Balance: Importance and ApproachLife Balance: Importance and Approach
Life Balance: Importance and ApproachOrlando O'Neill
 
Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP, PUNE.
Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP,  PUNE.Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP,  PUNE.
Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP, PUNE.AMIT ZAWARE
 
Work Life Balance
Work Life BalanceWork Life Balance
Work Life BalanceRuhi Beri
 
Work-Life Balance Presentation
Work-Life Balance PresentationWork-Life Balance Presentation
Work-Life Balance Presentationgrawitch
 

Mais procurados (20)

C:\Fakepath\Work Life Balance
C:\Fakepath\Work Life BalanceC:\Fakepath\Work Life Balance
C:\Fakepath\Work Life Balance
 
Work Life Balance Presentation Deck Linked In
Work Life Balance Presentation Deck Linked InWork Life Balance Presentation Deck Linked In
Work Life Balance Presentation Deck Linked In
 
Work life balance issues- How to deal with it.
Work life balance issues- How to deal with it.Work life balance issues- How to deal with it.
Work life balance issues- How to deal with it.
 
Managing Work-Life Balance
Managing Work-Life BalanceManaging Work-Life Balance
Managing Work-Life Balance
 
Flexible Working Arrangements
Flexible Working Arrangements Flexible Working Arrangements
Flexible Working Arrangements
 
How to Craft a PTO Policy That Works for Everyone
How to Craft a PTO Policy That Works for EveryoneHow to Craft a PTO Policy That Works for Everyone
How to Craft a PTO Policy That Works for Everyone
 
Work - life - balance
Work - life - balance Work - life - balance
Work - life - balance
 
Work Life Balance
Work Life BalanceWork Life Balance
Work Life Balance
 
Workshop on work life balance
Workshop on work life balanceWorkshop on work life balance
Workshop on work life balance
 
Work Life Balance
Work Life BalanceWork Life Balance
Work Life Balance
 
Work life balance
Work life balanceWork life balance
Work life balance
 
Work life balance
Work life balanceWork life balance
Work life balance
 
Work life balance
Work life balanceWork life balance
Work life balance
 
Flexitime
FlexitimeFlexitime
Flexitime
 
Life Balance: Importance and Approach
Life Balance: Importance and ApproachLife Balance: Importance and Approach
Life Balance: Importance and Approach
 
Healthy work life integration
Healthy work life integrationHealthy work life integration
Healthy work life integration
 
Work from home job a rising trend
Work from home job   a rising trendWork from home job   a rising trend
Work from home job a rising trend
 
Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP, PUNE.
Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP,  PUNE.Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP,  PUNE.
Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP, PUNE.
 
Work Life Balance
Work Life BalanceWork Life Balance
Work Life Balance
 
Work-Life Balance Presentation
Work-Life Balance PresentationWork-Life Balance Presentation
Work-Life Balance Presentation
 

Semelhante a Is Flexitime working relevant today?

Effective employment relations
Effective employment relationsEffective employment relations
Effective employment relationsBelinda Murdoch
 
The Pros & Cons of Flexible Work Models
The Pros & Cons of Flexible Work ModelsThe Pros & Cons of Flexible Work Models
The Pros & Cons of Flexible Work ModelsKashish Trivedi
 
Work Scheduling Types and Advantages in Tourism Industry
Work Scheduling Types and Advantages in Tourism IndustryWork Scheduling Types and Advantages in Tourism Industry
Work Scheduling Types and Advantages in Tourism IndustryAMALDASKH
 
Job design and analysis
Job design and analysisJob design and analysis
Job design and analysisNisha M S
 
Flexibility_employee_toolkit
Flexibility_employee_toolkitFlexibility_employee_toolkit
Flexibility_employee_toolkitTransformed Teams
 
HR Compliance & Contracting
HR Compliance & Contracting HR Compliance & Contracting
HR Compliance & Contracting Nicola Hawkinson
 
Flexible working as future proofing
Flexible working as future proofingFlexible working as future proofing
Flexible working as future proofingSean Andrews
 
Quality work life $ stress management
Quality work life $ stress managementQuality work life $ stress management
Quality work life $ stress managementchhavi narayan
 
Tiger roundtable report flexible working
Tiger roundtable report flexible workingTiger roundtable report flexible working
Tiger roundtable report flexible workingTiger Recruitment
 
Consequence's of flexible management by Amjad Raza
Consequence's of flexible management  by Amjad RazaConsequence's of flexible management  by Amjad Raza
Consequence's of flexible management by Amjad RazaAmjad Choudhary
 
2.1 - Functions and Evolution of HRM (1).pptx
2.1 - Functions and Evolution of HRM (1).pptx2.1 - Functions and Evolution of HRM (1).pptx
2.1 - Functions and Evolution of HRM (1).pptxDhjjvbn
 
7 types of work environment.pdf
7 types of work environment.pdf7 types of work environment.pdf
7 types of work environment.pdfSatishNG1
 
Understanding remote work a guide on how to be productive at home
Understanding remote work a guide on how to be productive at homeUnderstanding remote work a guide on how to be productive at home
Understanding remote work a guide on how to be productive at homeWellbeingChampion
 
Quality of work life HRM
Quality of work life HRMQuality of work life HRM
Quality of work life HRMapurv1993
 
5 organizing (part 1)
5   organizing (part 1)5   organizing (part 1)
5 organizing (part 1)Baby'z Girlz
 
Remote and Flexi working Session1
Remote and Flexi working Session1Remote and Flexi working Session1
Remote and Flexi working Session1Ken Scott
 

Semelhante a Is Flexitime working relevant today? (20)

chapter 5.pptx
chapter 5.pptxchapter 5.pptx
chapter 5.pptx
 
manager_flexibility_toolkit
manager_flexibility_toolkitmanager_flexibility_toolkit
manager_flexibility_toolkit
 
Effective employment relations
Effective employment relationsEffective employment relations
Effective employment relations
 
The Pros & Cons of Flexible Work Models
The Pros & Cons of Flexible Work ModelsThe Pros & Cons of Flexible Work Models
The Pros & Cons of Flexible Work Models
 
Work Scheduling Types and Advantages in Tourism Industry
Work Scheduling Types and Advantages in Tourism IndustryWork Scheduling Types and Advantages in Tourism Industry
Work Scheduling Types and Advantages in Tourism Industry
 
Job design and analysis
Job design and analysisJob design and analysis
Job design and analysis
 
Flexibility_employee_toolkit
Flexibility_employee_toolkitFlexibility_employee_toolkit
Flexibility_employee_toolkit
 
HR Compliance & Contracting
HR Compliance & Contracting HR Compliance & Contracting
HR Compliance & Contracting
 
Flexible working as future proofing
Flexible working as future proofingFlexible working as future proofing
Flexible working as future proofing
 
Quality work life $ stress management
Quality work life $ stress managementQuality work life $ stress management
Quality work life $ stress management
 
Tiger roundtable report flexible working
Tiger roundtable report flexible workingTiger roundtable report flexible working
Tiger roundtable report flexible working
 
What is flextime?
What is flextime?What is flextime?
What is flextime?
 
Consequence's of flexible management by Amjad Raza
Consequence's of flexible management  by Amjad RazaConsequence's of flexible management  by Amjad Raza
Consequence's of flexible management by Amjad Raza
 
2.1 - Functions and Evolution of HRM (1).pptx
2.1 - Functions and Evolution of HRM (1).pptx2.1 - Functions and Evolution of HRM (1).pptx
2.1 - Functions and Evolution of HRM (1).pptx
 
7 types of work environment.pdf
7 types of work environment.pdf7 types of work environment.pdf
7 types of work environment.pdf
 
Understanding remote work a guide on how to be productive at home
Understanding remote work a guide on how to be productive at homeUnderstanding remote work a guide on how to be productive at home
Understanding remote work a guide on how to be productive at home
 
Quality of work life HRM
Quality of work life HRMQuality of work life HRM
Quality of work life HRM
 
5 organizing (part 1)
5   organizing (part 1)5   organizing (part 1)
5 organizing (part 1)
 
Remote and Flexi working Session1
Remote and Flexi working Session1Remote and Flexi working Session1
Remote and Flexi working Session1
 
Job design
Job designJob design
Job design
 

Último

Unlocking Organizational Potential: The Essence of Human Resource Management ...
Unlocking Organizational Potential: The Essence of Human Resource Management ...Unlocking Organizational Potential: The Essence of Human Resource Management ...
Unlocking Organizational Potential: The Essence of Human Resource Management ...Sabuj Ahmed
 
Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.ShrayasiRoy
 
Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...
Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...
Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...Authentic No 1 Amil Baba In Pakistan
 
Top 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team LeaderTop 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team LeaderHireQuotient
 
7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource Management7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource ManagementHireQuotient
 
Webinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataWebinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataPayScale, Inc.
 
Intern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdfIntern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdfmarketing659039
 
A Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out OnA Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out Onfross37
 
The Great American Payday Prepare for a (Relatively) Bumpy Ride.pdf
The Great American Payday Prepare for a (Relatively) Bumpy Ride.pdfThe Great American Payday Prepare for a (Relatively) Bumpy Ride.pdf
The Great American Payday Prepare for a (Relatively) Bumpy Ride.pdfJasper Colin
 
The Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureThe Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureAggregage
 
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)twfkn8xj
 
Creative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for RecruitersCreative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for RecruitersHireQuotient
 
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?hxwwranl
 
Top HR Intern Interview Questions to Ask and Their Ideal Answers
Top HR Intern Interview Questions to Ask and Their Ideal AnswersTop HR Intern Interview Questions to Ask and Their Ideal Answers
Top HR Intern Interview Questions to Ask and Their Ideal AnswersHireQuotient
 
Recruitment & Selection Theory Models that Work for the Modern Workplace
Recruitment & Selection Theory Models that Work for the Modern WorkplaceRecruitment & Selection Theory Models that Work for the Modern Workplace
Recruitment & Selection Theory Models that Work for the Modern WorkplaceHireQuotient
 
15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdf15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdfAlex Vate
 
Public Relations jobs in New York City with Phifer & Company
Public Relations jobs in New York City with Phifer & CompanyPublic Relations jobs in New York City with Phifer & Company
Public Relations jobs in New York City with Phifer & CompanyPhiferCompany
 

Último (20)

Unlocking Organizational Potential: The Essence of Human Resource Management ...
Unlocking Organizational Potential: The Essence of Human Resource Management ...Unlocking Organizational Potential: The Essence of Human Resource Management ...
Unlocking Organizational Potential: The Essence of Human Resource Management ...
 
Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.
 
Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...
Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...
Authentic No 1 Amil Baba In Pakistan Amil Baba In Faisalabad Amil Baba In Kar...
 
Hot Sexy call girls in Preet Vihar🔝 9953056974 🔝 Delhi escort Service
Hot Sexy call girls in  Preet Vihar🔝 9953056974 🔝 Delhi escort ServiceHot Sexy call girls in  Preet Vihar🔝 9953056974 🔝 Delhi escort Service
Hot Sexy call girls in Preet Vihar🔝 9953056974 🔝 Delhi escort Service
 
Top 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team LeaderTop 10 scenario-based questions for hiring a Team Leader
Top 10 scenario-based questions for hiring a Team Leader
 
7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource Management7 non-negotiable roles of Human Resource Management
7 non-negotiable roles of Human Resource Management
 
Webinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary DataWebinar - How to Choose and Use Salary Data
Webinar - How to Choose and Use Salary Data
 
Intern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdfIntern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdf
 
A Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out OnA Proven #1 Prospecting Hack You're Missing Out On
A Proven #1 Prospecting Hack You're Missing Out On
 
The Great American Payday Prepare for a (Relatively) Bumpy Ride.pdf
The Great American Payday Prepare for a (Relatively) Bumpy Ride.pdfThe Great American Payday Prepare for a (Relatively) Bumpy Ride.pdf
The Great American Payday Prepare for a (Relatively) Bumpy Ride.pdf
 
The Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureThe Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance Culture
 
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
(圣安德鲁斯大学毕业证学位证成绩单-留学生补办)
 
Creative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for RecruitersCreative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for Recruiters
 
Call Girls in Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCR
Call Girls in  Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCRCall Girls in  Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCR
Call Girls in Subhash Nagar ⎝⎝9953056974⎝⎝ Escort Delhi NCR
 
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
如何办RRC学位证,红河学院毕业证成绩单文凭怎么辨别?
 
Top HR Intern Interview Questions to Ask and Their Ideal Answers
Top HR Intern Interview Questions to Ask and Their Ideal AnswersTop HR Intern Interview Questions to Ask and Their Ideal Answers
Top HR Intern Interview Questions to Ask and Their Ideal Answers
 
Recruitment & Selection Theory Models that Work for the Modern Workplace
Recruitment & Selection Theory Models that Work for the Modern WorkplaceRecruitment & Selection Theory Models that Work for the Modern Workplace
Recruitment & Selection Theory Models that Work for the Modern Workplace
 
9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR
9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR
9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR
 
15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdf15 Best Employee Retention Strategies.pdf
15 Best Employee Retention Strategies.pdf
 
Public Relations jobs in New York City with Phifer & Company
Public Relations jobs in New York City with Phifer & CompanyPublic Relations jobs in New York City with Phifer & Company
Public Relations jobs in New York City with Phifer & Company
 

Is Flexitime working relevant today?

  • 1. Guide - Mrs. Jyothi Singh Presentation by- Archana Hegde Dept. of Management Studies M S Ramaiah Institute of Technology, Bengaluru 1
  • 2. CONTENTS Flexible Work Arrangements Flextime Types of Flextime Flextime Schedule Benefits of Flextime Companies adapted Flextime Obstacles Steps to overcome obstacles Conclusion 2
  • 3. Common flexible work arrangements Flexible work arrangements Compressed Work Week Job Sharing Flextime Telecommut -ing 3
  • 4. What is Flextime? A work schedule with variable starting and ending times, within limits set by one’s manager. Employees still work the same number of scheduled hours as they would under a traditional arrangement. (7 am-3pm or 10 am- 6pm) 4
  • 5. HISTORY 5 Haller founded a company in the UK in 1971 and registered the trademark "Flextime", the mark remains the property of that company's successor HFX Ltd.
  • 7. 7
  • 8. Types of Flextime • Staggered hours within a fixed schedule: (e.g., Monday–Friday,7–7). • Core hours within a variable schedule: (e.g., set coverage 10–2 everyday, but the other four hours per day vary) • Variable day: (e.g., Monday-Wednesday 10 hours, Thursday - Friday 5 hours) • Mid-Day flextime: (e.g., work 8–12; break 12– 2;work 2–6). 8
  • 9. How is a flextime schedule created? Develop a plan Develop selection criteria Submit a written request Communicate and decide Document 9 http://www.workforce.com/article s/sample-flextime-policy
  • 10. Benefits of Flextime 10 • Offers a no-cost or low-cost initiative with high ROI • Reduces unplanned absenteeism • Enhances reputation as an employer of choice Employer benefits • Increases job satisfaction, loyalty and engagement • Improves productivity and performance • Lowers stress and health care costs Employee benefits
  • 11. 11
  • 12. STATISTICS SOURCE- Flexible Work Arrangements: A Strategic Business Imperative in Any Economy BY- Judi C. Casey, Work and Family Research Network Boston College • 96% report that flexibility influences their decision to stay at the company; 73% say that flexibility is “very important” in that decision, and 23% say that it’s “somewhat important.” • Employees who use flexible work arrangements scored, on average, 30% lower on stress and burnout. • Bank branches with flexible work arrangements had attrition rates 50% lower than other branches. 12
  • 14. General obstacles • Nature of work • Managers perceptions and abilities • Understaffing • Difficulty in arranging meetings, projects etc. 14
  • 15. Overcoming the obstacles Effective steps to reduce obstacles at your organization: • Train managers and co-workers about how flexibility can help them to achieve their business goals • Train managers and co-workers about how to implement and sustain FWA • Encourage communication about how work will get done and the “rules of the game” • Use evaluation to demonstrate impacts, make improvements and re- measure • Make managers accountable for creating a work environment where employees can thrive at work or home. 15
  • 16. Conclusion • Flextime can help you to achieve your business goals • Flextime offer a wide range of business benefits • Flextime provide an alternative to layoffs • Research data documents the significant ROI of FWA • Obstacles exist but can be overcome 16 Yes, Flextime is working relevant today.**
  • 17. Bibliography • Flexible Work Arrangements: A Strategic Business Imperative in Any Economy BY- Judi C. Casey, Work and Family Research Network Boston College • Times of India Article - http://timesofindia.indiatimes.com • KMC Solutions- http://kmcsolutions.us • Money - Fax- http://money-fax.com • University of Technology Sydney - http://www.hru.uts.edu.au/conditions/hours/support/flexible. html • Dublin City University- http://www.dcu.ie/hr/FlexitimeRulesDec05.pdf 17
  • 18. 18
  • 19. 19