Emotional Quotient (EQ) refers to one's ability to understand and manage emotions. It is comprised of self-awareness, social awareness, self-management, and relationship management. Traditionally, IQ was seen as the sole determinant of success, but it is now recognized that EQ plays an important role as well. Flexitime allows employees to choose their start and end times as long as they work a set number of hours during a core period each week. It can boost employee morale and productivity but may increase costs and cause communication issues.