News

5 benefits of a flexible work environment

03 Sep 2021

Over 18 months after the COVID-19 pandemic forced millions of people to work from home, studies show that workers rose to the occasion. Here at LifeGoals, employees adjusted quickly and smoothly, and work continued unabated.

But there are pros and cons to working from home. Many employees saw real benefits in it, while others longed to return to the office.

Companies are still finding the balance to keep employees happy while maintaining operations running smoothly. There’s no one-size-fits-all solution. Company size, culture, resources, processes, and staff location will play a part in what works best.

At LifeGoals, we adopted a flexible work environment where people can choose to work from home several days a week.

A study by IESE Business School found “positive effects on health and well-being on the days when people worked from home, so long as this is done at most three days a week,” and argued that on-site work twice a week improves team cohesion and motivation.

What are the benefits of a flexible work environment?

It retains and attracts talent

In the first quarter of 2021, some countries saw a trend of employees quitting their jobs instead of returning to the office. This speaks of the importance WFH has for many people. However, many others want to go back to onsite work.

One solution to this problem has been to offer an opportunity for employees to choose their location. This way, companies who want to retain their staff members and provide the flexibility they require and attract new talent, while still providing room for onsite collaboration for those who need it.

It gives autonomy

Autonomy is a crucial component of motivation for employees. Feeling like they have little control over their careers can cause distress, low productivity, and burnout.

Allowing people more choice about their location and schedule lets them make the best choices for themselves, contributing to their job satisfaction.

It reduces expenses for everyone

Hybrid workplaces cut down costs for employees and companies alike. Workers save money on expenses like transportation, childcare, and meals.

With a lower number of people working on-site, businesses can downgrade their offices and opt for smaller locations, lowering their rent and equipment costs.

It increases productivity

Another positive side of hybrid work is that it gives every person room to carry out their tasks where they’re most productive. Some welcome a quieter location, where they can focus without interruptions from colleagues. Others thrive in an office’s faster, more social setting.

It improves well-being

Studies show that work-life balance is crucial for a person’s physical and mental health. Flexibility allows people to make decisions that have a positive impact on their well-being.

Eliminating the stress of commuting, spending more time with family, cooking healthier meals at home, and having more room to work when people are at their best are some perks of flexible work that contribute to employees’ LifeGoals.