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v0.1.1503
NotesBusiness ManagementTopic 2.1Flexible work arrangements
Back to Business Management Topics
2.1.71 min read

Flexible work arrangements

IB Business Management โ€ข Unit 2

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๐Ÿ  Flexible Working

Big Idea: Flexible working means offering employees alternatives to the traditional 9-to-5 office routine. It includes where, when and how much people work.

Common types

  • Teleworking/remote working -- working from home or another location outside the office, using technology to stay connected
  • Flexitime -- employees choose their start and finish times within agreed limits (e.g. core hours 10am-3pm, flex around that)
  • Part-time working -- working fewer hours than a full-time contract
  • Job sharing -- two people share one full-time role, each working part of the week
  • Zero-hours contracts -- employees have no guaranteed hours; they work when the employer needs them
  • Compressed hours -- working full-time hours in fewer days (e.g. 4 long days instead of 5)

Benefits for the business

  • Wider recruitment pool -- attracts people who cannot work traditional hours (parents, carers)
  • Reduced office costs -- fewer people in the office means less space needed
  • Higher motivation and loyalty -- employees appreciate flexibility and may work harder in return
  • Lower absenteeism -- flexible workers often take fewer sick days

Challenges for the business

  • Harder to manage and supervise remote workers
  • Communication can suffer -- team cohesion may weaken
  • Not suitable for all roles (e.g. factory workers, retail staff)
  • Security risks with remote access to company data
  • Potential for inequality between flexible and office-based workers
Flexible working has become much more common since 2020. In exam answers, consider whether the specific business and role are SUITABLE for flexible working -- a factory worker cannot work from home, but a marketing manager might thrive.

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the term flexible working. [2 marks]

Related Business Management Topics

Continue learning with these related topics from the same unit:

2.1.1Functions of HRM
2.1.2Recruitment and selection
2.1.3Training and development
2.1.4Appraisal and performance management
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