Business case for flexible working
Flexible working policies can deliver a wide range of proven benefits to any organisation. Flexible working is a huge opportunity for the NHS.
For example, financial benefits include:
- reduced property costs
- increased productivity of employees (each worker's productivity can increase by 20 to 40 per cent through less time travelling and more time working)
- lower ongoing recruitment and retention costs
- reduced staff turnover
- more satisfied and motivated employees
- improved work life balance for employees
Since BT implemented its own flexible working policies it has seen:
- 63 per cent reduction in sick leave
- 45 per cent reduction in HR spending
- disposal of 4000 buildings
- 70 per cent saving on London desk spaces
- £9.7 million saved in fuel costs in 2001 alone
- £10 million saved by employee retention