In: Economics
What leads to the rise of the "flexible work" concept? Discuss the reasons for it from both organization and people's perspective. (if there's any in-text citations it doesn't matter)
Flexible working is any other working arrangement other than traditional 9 to 5 arrangement .Thus it is non traditional working arrangement based on the personal needs of the individual and involves some degree of working from home.Flexible working hours arises so that employees can meet their family and personal commitment in an effective manner. Peole can avoid the stress of commuting in rush hours..Flexible work helps working mothers to take care of their children . Employees can also take care of their aged parents with flexible working hours .
The benefits of flexible working are manifold both from the organization and people's perspective.Both the employee and the employer gain from flexible work .Organization gains because employees become more efficient and motivated to work and there is reduction in absentism.The organization can extend their service to their clients for a longer time as there are people to attend to them at all times. Organization can attract better talent while recruiting.The organization earns a name in the job market as friendly and flexible.
Employees gain because they can meet family needs, personal obligations and other responsibilities.Employees save money by reduction of commuting time.Employees get greater control over their schedule and work and this improves employees moral and commitment to the organization..It reduces employees childcare cost.