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Fixed Versus Flexible Working Hours in Workforce Management, Essays (university) of Management Fundamentals

Flexible working hours are found to steer to a happier workforce, and to much better customer service and share valuations. However, there's a fear that implementing flexible working hours is complicated which could lead to a flood of impossible demands from employees.

Typology: Essays (university)

2019/2020

Available from 09/02/2021

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Download Fixed Versus Flexible Working Hours in Workforce Management and more Essays (university) Management Fundamentals in PDF only on Docsity! Fixed Versus Flexible Working Hours in Workforce Management Subject: Management Paper 1 Flexible working hours are found to steer to a happier workforce, and to much better customer service and share valuations. However, there's a fear that implementing flexible working hours is complicated which it could lead on to a flood of impossible demands from employees. Before we glance at flexible working hours in additional detail, allow us to take a quick check out the quality working hours. Working Hours for workers: Working hours for workers have changed dramatically over the last two centuries. Back within the nineteenth century when industrialization started in Europe, workers were compelled to figure even 16 hours each day. In twenty-first century, France, however, the govt had fixed working hours at 35 hours every week. Most industrialized countries have regulated the workweek by stipulating the utmost number of working hours per week, minimum daily rest periods, annual holidays and sickness pay. the quality is around 40 working hours per workweek, typically Monday through Friday. Paid vacations range from three to 5 weeks a year. Long working hours can cause stress-related health problems, less time for busy parents to attend to child-rearing, and fewer leisure to enjoy consumer products and services. Ford introduced low working hours in order that his employees would have the leisure to shop for and luxuriate in the cars he produced. Flexible Working Hours and its Impact: One major problem with fixed working hours is that employees find it difficult to balance the stress of their personal lives and work lives. Flexible working hours can cause better work/life balance and end in a happier workforce. Flexible working hours can be available different forms such as: Part-time working that permits an employee to be free during business hours to attend to non-public matters. For employers, it could mean engaging employees during peak workload hours, and reducing overall payroll costs Flexi-time working where employees work overtime when needed by employers and bank the additional hours/days off for arranging their personal commitments Annualized hours are an appointment where times worked, and times off are balanced across the year as an entire. Extra hours are worked during peak business seasons and fewer during lean seasons. Employers can retain experienced employees rather than hiring inexperienced casual or contract staff Customized flexible working hours during special events to enable employees watch, say, World Cup matches and yet meet their time period requirements Studies have indicated that flexible working hours produce tangible benefits to employers within the forms of: Reduced absenteeism and turnover rate:
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