Companies which offer workplace flexibility have less absenteeism and higher productivity. Companies which have such policies tend to attract and retain talent. Hence it’s a smart strategy to treat the employees like adults and to give them the flexibility to work as per their convenience as long as the work gets on well.
Employees who are truly engaged with the company do not work for eight or nine hours. The truth is that they carry work all round the clock. When an employee is able to manage his life well, he would always be open to new ideas and inputs which would be valuable for the company. Also, when the employee is working from the location of his choice, he is actually away from the office environment where sooner or later, stagnation sets in.
However, the companies should understand that flexible working hours are not appropriate for all industries. Flexible working hours are not always welcome by the managers of such employees who opt for flexible working hours. Sometimes when an urgent meeting needs to be done with the top management, it would be very difficult to manage as different employee would have a different working time. It is not wrong to mention that there would always be a set of employees who would take undue advantage of such arrangement and devote their major time towards something but work. This attitude has the potential to ring down the productivity of the employee who does not respect the intent behind the work-life balance policies (Jones et al, 2013).