Workplace flexibility remains a buzzword in today's business environment. Employers offering workflex options view remote work as the top form of workflex to offer, according to research released by WorldatWork and FlexJobs, and 48 percent believe teleworkers are equally as productive as in-office employees. Telework on an ad-hoc basis, flex time, part-time work, job sharing and phased return from leave are the most prevalent flexibility programs offered by survey participants.
While 67 percent of managers reported that they offer some kind of flexibility to all or most employees at their own discretion, only 42 percent accept the idea that flexibility is an essential element to organizational success. Further, only 3 percent of organizations attempt to quantify the return on investment of workflex programs by measuring their impact on productivity, engagement and performance ratings. By addressing the dearth of metrics in this area and quantifying ROI, workflex advocates may make a stronger business case for the inclusion of flexibility options in their workplaces. Source: Wolters Kluwer