#Flextime benefits how to#
#Flextime benefits professional#

This is particularly true for SMEs who run manufacturing plants. What we also need to realise is that the intermittent return of power doesn’t always mean an immediate return to business as usual. Ultimately these consequences result in turnover reduction, margin shrinkage and long-term financial distress. 'Small businesses have been impacted by power cuts in a number of ways, none the least of which include loss of output, increased overheads, additional capital expenditure, operational challenges and supply chain disruptions.

“These findings are a strong indicator of a dire and urgent need that exists within the SME sector,” says Lang. Unfortunately, about 30% of small businesses, however, said that they cannot afford the large outlay required to make this investment. In the recent Q4 2022 SME Index – a quarterly survey conducted by Business Partners Limited, SMEs were asked whether they have the necessary funds to invest in energy solutions such as generators, inverters and solar-powered systems.ģ5% of respondents revealed that they have budgeted for this investment and 37% reported that plans to divert to alternative energy systems were being put into place. Not only will this be a vital contributing factor to business continuity, but it will also bring small businesses one step closer to realising their sustainability goals.” The numbers that reflect the need 'South African businesses need to mitigate this risk by decreasing their reliance on the national grid and start investing in systems that will provide a consistent and reliable source of power. As he suggests: “While the ongoing energy crisis presents many uncertainties, one thing we do know is that load shedding will continue to be a reality for the foreseeable future. The company usually decides the core time depending on the employees’ operational needs, projects, locations, and roles.Commenting on why now is the perfect time for small businesses to invest in alternative energy systems is Jeremy Lang, executive director and chief investment officer at Business Partners Limited. During core hours, employees can make decisions and discuss issues in real-time. Employees have to follow the designated time to be at work.Ĭore hours are the number of hours in a workday, and employees have to be available during those times, regardless of how different their schedules are. On the other hand, many workplaces still set organizational core hours for operational purposes. This arrangement does not affect employees’ responsibilities, their total hours worked, and the goals to be achieved.Įmployees can come and go as they wish in a flexible setting. The flexible daily schedule allows them to come to work, take lunch, or leave. With flextime, employees can integrate their personal lives and work more effectively under flexible conditions. They can still work a similar number of scheduled hours as they do under a traditional schedule.

What are the tools that help in flexible working?įlextime, also referred to as flexitime or flexible working, is an arrangement that allows employees to alter the starting and end time of their workday.

What are the obstacles of introducing Flextime?.

Clarify employees’ roles and responsibilities.

#Flextime benefits professional#

More opportunities for professional development.

#Flextime benefits how to#

Who can benefit from Flextime and how to introduce Flextime?.