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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

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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