19th April 2016
Why so many companies are keen to implement flexi work policies?
Companies are increasingly adapting flexi work policies. According to a study by JobsBuzz, published in the Economic Times, 30% of the employees reported that they are allowed to work from home at least twice a week. In a similar study in 2014, only 10% employees had reported that they are allowed to work from home. The trend is very much catching in India and employers are encouraging their employees to work from home wherever the job design allows for it.
Top leadership in most of the companies has begun to acknowledge that a large number of their employees wake up early, spend considerable time on the road to simply operate from their office based work stations and cabins from 9 to 5 pm, with a couple of tea breaks and lunch break. At 5 pm or so they simply pack up and struggle through the evening traffic to reach home.
The bosses have begun to question the industrial age concept of a 9 to 5 job in the physical spaces. In this age of digital technology, employees can simply log in from their homes and can even collaborate with others through online systems, available in abundance, at very low costs. They can always be called to office when there is a need for face to face interaction. Several research studies have already proved, beyond doubt, that flexi work policies save money, increase productivity levels, and above all help in hiring & retaining talent. From the employees’ perspective, just imagine what an extra hour of sleep and additional time for exercising, sports, hobbies or helping the children in their studies would mean.
Cloud-based technologies are allowing companies to create a virtual business environment which allows the employees the freedom to work from any place, any time. It is therefore; very much possible to change the way we work in themodern technologydriven world of our times. According to a UN report, with a population of over 356 million in the 10 to 24 years age group, India has the largest youth population in the world. This generation will find it difficult to imagine that there was a time we did not have internet. Add to this the population at work which had to adapt to computers way back in the eighties as a result of which we leap frogged into the IT age seamlessly. India is ready for the virtual work place. Companies in India are uniquely placed to take advantage of this strength and can leap frog into the new age of work place practices.
The trends are already there and once the mind sets change, the transformation will happen very fast.
Flexi work policies are no longer applicable to the IT industry alone as more and more companies are adapting to it. According to a press report the Indian employers have begun to appreciate this problem and as a result there has been a huge jump of about 40 to 50% in the number of companies offering flexi work timings and work from home slots to its employees. Companies like Microsoft, SAP, Philips, IBM, Ericsson, Bacardi, Samsung, & the Future Group are some of the examples among many more who now allow flexi time privileges to their employees.
Founder of Fortune Architect
Managing Director- Asia Pacific & EMEA Markets with Saviour US INC
Respected HR Leader
CHRO, LANCO INFRATECH LIMITED
Executive Director-HR & Admin, Experion Developers
Managing Director, UK Fostering, Founder, UKINDO International & CharityWorld.com
Promoter & Director, Rockland Hospitals Network, Delhi
Vice President & HR Head- India/SA at IBM HR Consultant
Founder and a principal consultant with People Talent International
Mr Chauhan has held leadership roles in HR at leading multinational companies
COO & Co-founder of Round Ark Limited, Gurgaon
Why Are Companies Looking To ‘Uberize’ Their Workforce?
In today’s world, technology is at fore of almost everything we do. In the age of digital innovations, expectations are growing higher. The demand is for quick, reliable, on-demand services t...Read more>
Why more and more sales jobs will become commission based rather than fixed salary
Nowadays we see a shift towards commission based pay rather than salary in India. Ever wonder the reason for such a change? The simple answer is increased efficiency. There are many perks in going ...Read more>
Talent Wants Flexibility at Work: Can the Board Rooms Ignore it?
Based on a conversation with Sandeep Kohli, National Director- Human Resources, Ernst & Young (EY). Sandeep is leading the talent function for EY covering more than 14,000 ...Read more>
The HR Leaders Are Ready with a Business Case for Flexi Work
Anjana, Ikbal, Rajaram, Ankit, Prajakta, Sunil, Anshula, Iitesh, Swapnil & Kiran, ten of the best minds from the Mumbai HR Community, met for a dialogue on ‘Flexibility at the Wor...Read more>
Flexi work culture is trending across the globe
Global Workplace Analytichas found that businesses can have a saving of almost $ 11000 per employee per annum even if only 50% employees were given the privilege of flexi time workingRead more>