According to studies to have a working system with inflexible hours is bad for business because they’re bad for employees.
According to research, it’s hazardous to their health, increase stress, blood pressure and insomnia. Spending more than 20 hours awake has the same impact on bodily and mental function as consuming five or six alcoholic drinks.
It seems clear that changing the way you structure your startup’s hours is well worth the effort.
In addition to employees health that it’s very important, we can consider the cost benefits of shutting down the office entirely for one day every week or reduce space in the office allowing people to come at different hours.
Giving people space and time away from the office allows them to catch up on truly necessary activities, such as spending time with their families and getting enough sleep.
When employees feel refreshed, they’re much happier to come to work. A happier work environment increase health, engagement and keep motivation up in the team
From recruiting point of view a flexible work schedule shows that it’s easier find competent people to hire as an advantage to your competitors, but when coming to work is about more than showing up, things get done.
As an employer, one great way to offer flexibility is to allow your employees to work remotely when you don’t need them at the office, or to work nontraditional hours. When the employer’s focus is on the work being done, the employees can focus on meeting deadlines and producing good work – not on watching the clock tick the seconds until it’s time to go home. The luxury of the nontraditional schedule reduces stress – and when stress doesn’t get in the way, your startup will benefit because it will increase the trust and empower your team indirectly.
Allowing employees to work flexible hours doesn’t mean they’re allowed to stop showing up. The bottom line is that tangible results are the goal. Many employees find it helps tremendously when they can complete tasks efficiently, but in their own way.
The Five-Hour Workday
Since February 2017, a financial services firm in Hobart, Australia, called Collins SBA has been allowing its employees and managers to work five-hour days. Everyone is still paid their “full-time” salaries, but they can leave at 2 p.m. if they’ve completed their work. Jonathan Elliot, managing director of Collins SBA and initiator of the concept, said that the incentive to leave early has created a culture of getting things done. Employees are impatient with anyone who wastes their valuable time, and they work as teams to find the best and quickest ways to get their work completed without sacrificing quality. They are maintaining high client satisfaction, and indeed getting an edge on competitors by attracting top talent. This experience showed us that sick leave has dropped by 12% after implementation. It’s time for the rest of us to join in and work with less rigid structures.
Many people work based on a pace and level of motivation that just gets them through the long day.
Most people have to work a certain number of hours per day and per week regardless of their output, so they indeed take up all that time to complete their work, even if it could have been finished much faster.
This is described by Parkinson’s Law, which is defined as “Work expands so as to fill the time available for its completion.” If you are given three weeks to complete a project, it will usually take three weeks to complete. If, instead, you were given one week to complete that same project, it would more than likely be completed in one week. It’s a fascinating phenomenon and the reason traditional workplaces are astoundingly wasteful, for both human time and energy and business productivity: if you’ve got eight hours to complete your work, no doubt it will take eight hours, even if it could be completed in less.
Parkinson’s Law can be reversed or reduced by allowing flexibility. Flexibility boosts productivity because of the reduction of distractions from coworkers and meetings; but creating motivation and engagement is the other critical reason it’s so effective at increasing productivity.
Creating flexible working hours, allow to work remotely, showing care only about results done and encouraging productivity and not presence, will lead to better results, engagement, happy environment, trust and team empowerment.
Inigo Mayoral Founder of Insbuildrive