1. Better Mental Stability
Stress is something we all have these days, but it significantly affects our lives and workflow. The fast-paced lifestyle most Australians live take their toll on the mental health balance and directly impede overall productivity. Three-day weekends and flexible schedules that adhere to the needs of the employees are good for the mental health. Everyone is different, so providing enough space for employees to effectively handle their loads lessens the drama in the office that occurs when people are overworked and tense.
2. Increased Respect and Responsibility
Today, employees are often accessible through technology by day and night. Most employers are reticent to hand over scheduling power and prefer to keep employees on the schedule that works best for themselves.
Show your employees how valuable they are by handing them the reigns when it comes to their work-life balance. Accenture found that more than half of men and women considered work-life balance as a top priority – ranking even higher than salary or recognition. Many employers are strikingly negligent in providing this, so you have the opportunity to offer a recruitment and retention tool rarely found elsewhere.
3. Higher Team Morale
We all know that more flies are caught with honey than vinegar. Your team is going to respond with better work when they are happy and excited about your company. Help employees take ownership by offering them a workplace that knows just how much it depends on solid employees. Let their weekdays shine a little brighter with three-day weekends on the horizon, making Thursdays feel like Fridays and Mondays far less dreadful each week.
4. Cost Savings
There are two aspects to the savings you will experience with value-based scheduling: higher productivity and less unnecessary overhead. By eliminating the hours when few or no people are in the office, you will save on everything from toilet paper to electricity bills. Fewer trips to the office will leave your employees with less money spent on petrol and a quick lunch. Plus, with the value-based scheduling, more potential is realized by boosting productivity levels.
5. Shifting Focus Away From Presence
Employees shouldn’t just show up, but that’s what many will do. If the focus is just on getting to work and logging times to get through the day, then productivity shifts from a primary focus to secondary. With value-based scheduling, the priority moves back from watching the clock to watching deadlines.
6. A Smaller Footprint
Fewer people on the road and in the office mean's a smaller carbon footprint for your company. The average Australian commute time is 29 minutes one way. If companies let their employees work just one day a week from home, they could benefit from higher productivity levels and team morale while saving time, money and delaying Earth’s destruction. You may need to throw an office party to usher this new idea in with dancing.
7. Appealing to the Millennials
The younger generation is coming into their prime as the largest part of the workforce, but their draw is to a more mobile and flexible environment. Being raised amidst technology all of their lives, the Millennials are more tech-savvy and less structure-based than their preceding peers and parents in Generation X. A Deloitte study reported 89% of Millennials would be more likely to stay at a company if the schedule were flexible and more mobile based. The younger generation wants to change up the scenery and loathes being chained to a desk.
8. Better Agility
When mother nature blows off steam and produces a natural disaster, a 9-5 business is extremely affected and often requires its employees brave the roads well before they should. Nearly every part of the country faces the potential of some form of danger each year in the form of bushfires, cyclones, storms and more. Businesses already set up to operate mobile during certain times will have a much easier time just instructing employees to work from home. This agility might mean the difference between keeping or gaining accounts when others around you are slowed without office access or centered in another state not facing the same problems.
9. Say Goodbye to Timesheets
Everyone hates recording time and often a lot of last-minute guesswork goes into timesheets. We hate them because they don’t indicate productivity or results and they take time to fill out. Now there are many apps and management platforms to track progress, analyze resources and keep everyone abreast of specific projects.
10. Heeding Nostalgia
Summer days are there for enjoyment and what's summer without a few days off in the sun, its a chance to get out and about and be active maybe even allow your team to work outdoors. A recent study by Ultimat Vodka (right I know), found in their study that only 12% of the workforce are enjoying a few Summer days off. Closing the doors every Friday through Summer is helping your employees enjoy their lives which increase's productivity.
Shifting away from the 9-5 shackles can feel like a big plunge, but it’s a step in the right direction. Work towards this value-based scheduling now or you will be left behind by a force tired of feeling trapped in their jobs.