Newsletter
October Newsletter 2023
Small Business and Flexible Work Styles: What Works for you
Over the past two years, the landscape for small businesses has changed dramatically. While the initial work from home movement was forced upon many non-essential businesses during covid times, these changes have now been adopted long term with the number of people working from home more than tripling.
As small business owners are constantly seeking innovative ways to boost productivity and stay competitive, this approach has led to increased cost savings, higher staff retention and the ability to expand their candidate pool nationally and even internationally. The overarching goal of flexibility has led employees to achieve a better work-life balance as they ditch the commute and opt for a hybrid way of working.
While this level of flexibility may not apply to some industries and tactile service providers, where applicable these arrangements have shown to provide employees with the freedom to adjust their working hours and locations to accommodate their personal needs and priorities while maintaining productivity.
There are several types of flexible work arrangements that small businesses can consider. Remote work is one example of this, allowing employees to work from home or any other remote location of their choice as a part of their role. This can be particularly beneficial for businesses with employees who require flexible hours to accommodate family commitments or those who are in different time zones. When it comes to hiring new staff, small business owners can cast their net far wider when remote work is an option.
Strategies for Implementing Flexible Work Arrangements
Implementing flexible work arrangements for small businesses requires careful planning and consideration. Here are some key strategies to ensure success:
1. Communication: Clear and consistent communication is essential to ensure that all employees are aware of the flexible work arrangements available to them and understand their responsibilities.
2. Setting Clear Expectations: It is important to establish clear guidelines and expectations regarding flexible work arrangements.
3. Monitoring Productivity and Results: This is KEY. While flexibility is a factor, it is still important to monitor employee productivity and results.
A flexible balance is an important aspect of keeping small businesses competitive in today's fast-paced environment. However, implementing flexible work arrangements requires careful planning and communication.
By understanding the different types of arrangements and adopting strategies for successful implementation, small businesses can reap the benefits of increased employee satisfaction and productivity.