Flexible working can replace that old fashioned concept of what was is often referred to as face management ie the boss needs to see the employee at work to prove work is being performed this is a cultural thing that can be overcome by organizations realizing that a more far sighted approach can be taken. Explain the concept of flexible working and evaluate the disadvantages and advantages to employers and employees myths, flexible working is not a new concept, since some of the world's leading companies have been offering flexible working schemes for more than ten (10) years. Flexible work hours or flexi-time the most common flexible hours arrangements are: flexible hours or flexi-time schemes for example, an employee works from 10 am to 6 pm rather than from 8 am to 4 pm. The future of work institute has conducted research into how these four forces are reshaping the business environment, and how they are creating a significant need for more flexible ways of working 1. Flexible working gives employees flexibility on how long, where and when they work employees access flexible working through human resources policies, which usually require supervisory approval flexible working is comprised of three main arrangements: full-time, part-time and career flexibility.
The budget can be understood as a quantitative plan that acts as an estimate of future operation based on the capacity, there are two types of budgets prepared in cost accounting, namely, fixed budget and flexible budget. Weigh these advantages and disadvantages against your business needs to decide whether a virtual workforce can work for your company but think carefully while you can change your mind after assembling a virtual workforce and revert back to a traditional workforce again, this can be highly disruptive to your business. Flexible working is on the rise, giving employees flexibility on where, when and the hours they work it's traditionally been associated with the needs of parents and carers, but increasingly organisations are recognising the business benefits of a more flexible way of working this factsheet.
Flexible work programs have many apparent advantages, but critics point out that ill-conceived programs can have a negative impact on businesses, and they add that even good programs often present. Many employers believe that promoting flexible working makes good business sense and brings the following improvements: greater cost-effectiveness and efficiency , such as savings on overheads when employees work from home or less downtime for machinery when 24-hour shifts are worked. Flextime (also spelled flexitime [british english], flex-time) is a flexible hours schedule that allows workers to alter workday start and finish times in contrast to traditional work arrangements that require employees to work a standard 9 am to 5 pm day, flextime typically involves a core period of the day during which employees are required to be at work (eg, between 11 am and 3.
Explain the benefits and disadvantages of labor unions for workers, explain the concept of union density, and the reasons for the decline in union representation, including loss of manufacturing jobs, corporation anti-union activities, weak us labor laws, and describe the struggles of labor unions around the world. The business environment is constantly changing, and static budgets do not lend themselves to agile adjustments by management flexible budgets, on the other hand, are prepared for different. In this chapter the concept organisational culture is on the work of deal and kennedy (1982) according to table 21 disadvantages and advantages of power.
The concept of flexible working and evaluate the disadvantages essay sample 10 introduction dispelling some popular myths, flexible working is not a new concept, since some of the world's leading companies have been offering flexible working schemes for more than ten (10) years. Flexible budget overview a flexible budget calculates different expenditure levels for variable costs , depending upon changes in actual revenue the result is a budget that varies, depending on the actual activity levels experienced. Flexible manufacturing systems (fms) introduction in the middle of the 1960s, market competition became more intense during 1960 to 1970 cost was the primary concern later quality became a prior.
The flexible exchange rate system promotes economic development and helps to achieve full employment in the country the exchange rates can be changed in accordance with the requirements of the monetary policy of the country to achieve the planned national objectives. Flexibility at work is a necessity for employees and employers, alike streamlined workforces, shifts in technology and a changing market are just a few reasons why flexibility is the new norm for many organizations. Another type of flexibility is flexibility in hours or temporal flexibility, which someone can choose reduced working hours, which is below than eight hours, or choose night work, flexible hours and working on sundays and the holidays.
The genuine reasons of place shift, family concerns have taken a back seat and there have been many new reasons that have come up for employees leaving the organizations. The more progressive the organization, the more flexible the structure is in response to today's challenges: ie like having four different generations of employees working side by side employers who continue to provide the more traditional and limited program, may find it more difficult to find and keep different types of employees. Why flexible budgets work the disadvantages of a flexible budget the role of variance analysis in businesses why is it important for a business to budget also viewed. The bank introduced many flexible arrangements, for example, variable hours, part-time working, home working, term-time working, job share, compressed hours, etc maternity 'phase back' and 'wind down to retirement.