How to Boost Productivity & Lower Costs with a Flexplace Working Environment?
Did you know that more than 60% of workers support a flexplace working environment? With this arrangement, employees no longer need to work exclusively from the office, but instead are able to work remotely. This arrangement can also be called telework, telecommuting, work from home or remote work. It’s fair to say, however, that a flexplace working environment has always been a contentious issue for many employers. Nevertheless, the COVID-19 pandemic has clearly demonstrated that remote working is a viable business model.
As restrictions begin to lift and businesses are starting to reopen, this hybrid working model may help employers navigate the post-lockdown world. It’s a strategy that has the potential to not only help keep everyone safe, but also boost productivity and reduce a company’s overall operating costs thanks to BPO services in the Philippines.
What is the flexplace business model?
This arrangement allows employees to spend part of their working day, week or month working outside their normal working environment. So if people normally work in an office, they can be given the option of working from a pre-approved location, usually their home office. It’s important that employees understand that if they sign up for the flexplace business model their workload doesn’t change. They are still expected to manage the same workload at the same level of quality as if they were in their normal working environment.
What are the benefits of a flexplace business model?
Whilst most employees are looking forward to returning to work, it’s apparent from local studies that a large proportion of employees would prefer to work at home, either full-time or at least one or two days a week. Remote working allows employees to configure a more balanced work/home lifestyle that involves less commuting and more time spent with their family. Employers also benefit from this model because research has shown that productivity increases, infrastructure costs go down and employee health and wellness improves.
It might not be a surprise to learn that people over 60 years of age actually prefer to work from home at least 80% of the time (some also want to work at home all the time). However the largest and youngest segment of the workforce, generation Z (those born between 1995 and 2010) also support working from home with nearly 75% supporting this model. Having said this, more than 30% of baby boomers, gen X and millennials also support working from home full-time, whilst another 30% support a flexplace model.
What are the concerns of a flexplace business model?
There are two main concerns with a business plan based on working remotely. These are the infrastructure, technology and resources each employee requires to fulfill their role when working from home, and how to ensure that sufficient security systems are in place to guard your company’s data. However, when you hire remote workers from OPKO Finance, we provide all the resources, infrastructure and technology they need to fulfil their role with your company. We also work with you to ensure that all company data is fully secure.
For more information on a more permanent flexplace model for your company, please contact our team by email at info@opkofinance.com or by phone at + 63 32 402 0170.
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