Flexible work is advantageous for both business owners and their employees.

Different types of flexible work options for your business

February 7, 2022 3:46 pm Published by Leave your thoughts

The pandemic accelerated the implementation of remote work upon businesses everywhere. With lockdowns in place, companies of all sizes had to adjust to the changing times and find ways to continue operating without in-person employees. Since then, many companies have returned to more traditional working environments, but it's clear that flexible work is here to stay.

The benefits of flexible work
Many organizations saw the benefits and possibilities of non-traditional work environments, and have chosen to create options that best suit their needs. And it's not just the big businesses that have adopted flexible work. According to Small Biz Genius, small businesses are twice as likely to hire full-time remote employees. This is partly because remote businesses are cheaper to operate. Business owners with a fully work-from-home staff don't have to invest in office space, pay electricity bills or buy supplies and office equipment.

In addition to the company benefits, today's employees prefer flexible working options. Zenefits found that 72% of workers agreed that flexible work arrangements increased their job satisfaction. As more and more companies, big and small, change the way they operate, it's important for them to stay competitive in order to find and retain the best talent.

Popular flexible work options
If you're ready to incorporate a modern workplace, we have a few options to consider before making the leap. Keep in mind that each business has different demands, and creating a successful workplace needs to be beneficial to you, your staff and your bottom line.

Remote work
In this work option, employees work exclusively away from the office. In fact, most businesses with fully remote staff have no physical location at all. Staff can choose to work from home, in co-working spaces or anywhere that is conducive to their productivity.

Flexible work options are becoming more popular among business owners and employees.Flexible work options are becoming more popular among business owners and employees.

Hybrid work
Hybrid arrangements offer some combination of remote and in-person work. This can mean that employees are in the office four days a week with one at-home day, or half the week in person and the other half remote. There isn't a definitive ratio for the hybrid workplace, which makes it a very popular option with many employers. They're able to give employees the work-life balance of working from home, while also keeping company culture alive by occasionally meeting in person.

Customized work hours
As remote and telecommuting arrangements grow in popularity, so does the idea of customized working hours. In this working arrangement, staff are able to choose their own schedules and complete their tasks outside or within traditional working hours. This allows companies to hire staff in different time zones and with different lifestyles. Because working asynchronously can make communication difficult, this option isn't suitable for all employment types.

As you grow your business with remote employees or switch to a virtual workplace, there are many changes in company compliance and HR needs. The Law Offices of Donald W. Hudspeth, P.C. can ensure that you are properly protected and represented throughout the transition. Contact our office today for more information.

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