Flexible working arrangements are changing our understanding of how employers can retain happier and more productive staff.
At the end of the 1990s, it would have been very unusual for full-time staff to routinely work from home. Renting office space in prime locations and keeping staff under constant surveillance were considered necessary business practices.
But times have changed. According to the federal government, flexible working leads to:
- Improved organisational productivity
- Improved employee well-being
- An enhanced ability to attract and retain employees
Let’s take a look at these points in more detail.
Benefits of working from home
A 2019 Australian survey by recruitment resource Indeed found employers benefit from home-based staff. Most employers recorded improvements in productivity (67%) and morale (64%), while staff turnover was reduced (57%).
If you look at Sydney as an example the cost of CBD office space is $1,025 per square metre — so the financial benefits of home-based staff are clear.
For employees, fewer distractions, no superfluous meetings and a lack of casual chit-chat meant more work got done at home.
Indeed found 80% of staff reported an improvement in work-life balance, reduced stress (58%) and improved morale (55%). Fewer sick days were noted by 50% of staff.
Flexible working: collaborating and connecting
Being connected opens up the opportunity to work from anywhere. In the past, to view business documents, staff needed to be where these were stored. To contribute or collaborate meant being present in the office.
Now, it’s possible to have input into decisions even when staff are overseas. Fast, reliable internet connections mean massive files can be send to any connected device.
And you don’t even need to have all the apps. Mitel MiCollab is a collaboration software and tools platform with a single application for voice, video, messaging, presence, audio conferencing, mobility and team collaboration.
MiCollab allows employees to work on a project from home in solitude or join the team online to hear the latest developments.
Both employers and employees rely on technology to facilitate flexible working. Without it, barriers to working from home would still persist, resulting in negative effects on productivity and morale.
If you’d like to find out how you can reap the rewards of flexible working through Mitel MiCollab, contact us.