Companies that offer flexible schedules help accommodate their employees’ different lifestyles. This is becoming increasingly important as a method to attract quality accounting and finance candidates. Because more job seekers want control over their work-life integration, your team should be able to set their own work hours. Fortunately, implementation can be accomplished in a few steps.
Discover some benefits of offering a flexible schedule and how to implement it for your accounting and finance team.
Increased Work-Life Integration
Your team members appreciate being able to schedule their work around their personal lives. They can participate in their children’s school activities, run errands, and take care of household responsibilities while fitting in their work. This helps reduce stress and the potential for burnout.
Employees who work flexible hours remain engaged longer in their work. They feel highly respected and empowered by their manager. As a result, the staff tends to miss fewer days of work, stay focused longer, and accomplish more each day.
The ability to set their work hours lets your team members get more done each day. They can work during the times they are most focused and productive. Your employees’ energy levels and concentration levels should be high, allowing more tasks to get finished.
Stronger Employee Retention
Because employees prefer greater control over their time, they appreciate having a flexible schedule. This increases the likelihood of staying with their employer long-term. The longer you keep your staff, the lower your recruitment, onboarding, and training costs.
Additional Top Talent
Offering a flexible schedule encourages the best job seekers to want to work for you. Because many candidates find this perk even more attractive than salary and benefits, you may be able to save money in these areas. You also could attract more applicants than your competitors who do not offer flexible work hours.
Fill Your Team’s Needs
Ask your staff what their interest and needs are for working flexible hours. Find out whether they can effectively function as a team and what would have to happen to make it work. Make sure that your employees would be available when needed for meetings, client discussions, and other responsibilities.
Create a Policy
Develop written rules about flexible scheduling requirements. This may involve having to be at the office or available by phone during certain times. Include how communication with staff will occur when they are not in the office. Make sure the policy is detailed, clear, and non-discriminatory.
Need Top Accounting & Finance Talent?
Implementing a flexible schedule for your accounting and finance team provides many benefits. Productivity, engagement, and work-life integration should increase. This can attract the best candidates and lead to greater employee retention.