Types of flexible working arrangements
Flexible working arrangements can benefit your business in many ways. For example, they often lead to increased productivity as employees are more focused, happy and committed to their job when they are able to achieve a work-life balance. Flexible working arrangements may also save you money by increasing efficiency (including use of workplace facilities), and reducing the costs of recruiting and inducting new employees.
However, some types of flexible working arrangements require extra planning and communication. For example, when an employee switches from standard full-time hours to a flexible arrangement, this can have a flow-on effect that requires you to make other changes to staffing. This may include assessing your team and the way your business is run, to ensure efficiency.
Types of flexible working arrangements include:
- flexible working hours
- a compressed working schedule
- job share
- telecommuting (e.g. working from home)
- part-time work
- special arrangements for mature-aged workers.
This guide explains the different types of flexible working arrangements and the benefits of each. It also provides strategies and tips to help you get the most out of flexible working arrangements in your business.