WRK Flexibility

8/6/2019 WRK Flexibility

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Workplace Flexibility

SUBMITTED TO:- SUBMITTED BY:-

Ms. Himani Awasthi Kiran Wadhwani

Kapil Kumar

Kaushlendra

Kunal Sehgal

Nilesh Khemka

Ojasvini Sharma

Paromita Majumdar


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What Is Workplace Flexibility

Workplace Flexibility defines when, where and

how work is done. One of the seven pillars of work life

effectiveness, it is a critical driver of employeewell-being and performance and is responsive to

the changing professional and personaldemographics of the multi-generational

workforce.


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Trends in workforce participation

among married couples 18-64

36% 60%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1970 2000

Growing need for workplace flexibility:the changing workforce


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Various Types Of Workplace Flexibility

Compressed Work week

Flexi timeTelecommuting

Annualized Hours

Part Time Work

Job SharingPhased and Partial Retirement

Voluntary Reduced Work Time


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WORKPLACE BENEFITS-EMPLOYEE

A better work/life balance.

Reduced travelling time and cost. Increased sense of control leading to increased

sense of well-being

Greater job satisfaction

Remain in the workforce longer Greater loyalty, trust and respect towards

employers.


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WORKPLACE BENEFITS-EMPLOYER

Attracting skilled and motivated employees.

Keeping skilled and motivated employees. Motivating and energizing staff.

Increasing employee satisfaction.

Lower staff absences.

Increasing skills and creativity of yourmanagers.

Improving customer service and retention.

Becoming an Employer ofChoice.


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Global Corporations Offering FWOsCompany Type ofFWOs Adv antages /

Disadvantages

Flexi time

IBM Most of IBMs domesticemployees are eligible for

flexi time. Includes variable,customized & staggeredwork schedule

*Improve employee morale;accommodates the needs of

employees with children &other personal demand.

Auckland, New ZealandCityCouncil Offices

Have a long core time, withfewer flexible hours.

** Absence of supervisionduring some work hours.

Compressed work weekShell Canada Ltd. Converted from 8 hrs. shift

to 12 hrs. shifts, givingemployees 3 days off perweek

*The number of workertrips to the plant arereduced by one-third;employees have longerblocks of personal time.

**Difficult to adjust to 10-12hrs. days for some work.


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Contd.Company Type ofFWOs Adv antages /

Disadvantages

Annualized Hours

Pedigree Pet foods(UK)

A contract of 1,739 annualhrs. was established and

joint management/ staff councils drafted option foremployee approval

*Established annualframework within which

flexibility is possible. Hasbroad potential application.

Part Time Work

Levi Strauss & Co, San

Francisco (C

orporateHeadqtrs)

Most part timers are in

accounting and secretarialpositions, but opportunitiesare growing in the area ofprofessional level of job.

*Flexibility of work hours;

trained employee retention;increased recruitment**Increased benefit costs;less chance of advancement.


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Disadvantages

Job-Sharing

Sheffield CityCouncil(UK)

All posts are eligible;benefits and holidays are

divided among job sharingunits.

*Retains talented seniorworkers, while reducing

burnout; expense of healthbenefits & pension phasedin over time.**May be abused incorporate downsizing efforts

Phasedand Partial Retirement

PolaroidCorp. A contract of 1,739 annualhrs. was established andjoint management/ staffcouncils drafted option foremployee approval.

*Flexibility of work hours;trained employee retention;increased recruitment**Increased benefit costs;less chance of advancement.


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Disadvantages

New York State V-time available to 70,000of employees throughreduction in worktime from

5%-30% in 5% increments,the most popular being a10% reduction.

*Return to fulltime statusguaranteed and reduction oftime is flexible and

negotiated; reduced laborcosts.

Voluntary Reduced Work Time (V-Time)

San Mateo, California All country employees areeligible for V-Time

*Return to full time statusguaranteed and reduction &

reduction of time is flexible& negotiable.**Possible reducedcommitment to job byemployee & abuse byemployer as a way of

gradually getting grid of fulltime ob.


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5 BEST EMPLOYERS IN INDIA-2009

HCL Technologies.

Hindustan Zinc Ltd. Taj Hotels and Resorts.

Cisco Systems

ITC-Welcome Group(a division of ITC ltd)


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CONCLUSION

Flexibility allows us to meet peak demands with

reduced staffing costs.-Susan O Brien, Vice President, AsstTreasurer, GE Capital


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YOUYOU

Documents

WRK Flexibility