Managing People 2 Essay Example | Topics and Well Written Essays - 750 words

Managing People 2 - Essay Example In addition, flexible working reduces stress level, which increases the productivity of an employee. Many companies big and small are also increasingly adopting flexible working schedules. This is because research has showed that flexible working increases workers productivity thus revenue. Therefore, since the main aim of a company is to increase productivity of workers so as to generate high profits, none would want to be left behind. In this regard, Regus (2012, p.3) reveals that about 80% of small companies report working more flexibly than before. At the same time, Regus (2012, p.3) found out that 68% of large businesses today provide flexible working to their employees. It was also found out that about 72% of international businesses reported having realized increased productivity as a result of flexible working. However, in all cases, Ragus (2012, p.3) reveals that about 68% of businesses reported that flexible working has increased staff productivity. About 63% of companies s urveyed indicated that flexible working increased their workers energy and motivation level pointing that flexible working is principal talent-retention technique. Research also indicates that about 51% of companies intend to employee more freelancers in the future (Ragus 2012, p.3). At the same time, about 80% of companies interviewed believe that there is a likelihood of an increase in the number of employees willing to work part-time, which points at an increasing demand for an environment that allows for flexible working. There are a number of companies in the U.K. that have embraced flexible working practices. BT (formerly British Telecommunications) is one such company in London that provides flexible working environment. BT is one of the largest Information technology and telecommunication companies in the U.K. Since the U.K. government legislated a law to improve flexible working, BT has embraced the practice in totality. The flexible working of BT is based on a number of pr inciples regarding service delivery, recruitment, and motivation. BT acknowledges the fact that many workers have the responsibility of taking care of others such as the elderly, children, the disabled, and the sick. The company also recognizes the fact that, with UK’s aging population, such demand is likely to increase, which will also increase competition for workers throughout the U.K. As a result, many candidates will likely be looking at what employers offering terms of flexible working in deciding on the company to work for (Eurofound 2009). As a result, BT has introduced a number of flexible working practices, which includes compressed time, job-sharing, accrual hours, annualized hours, flexitime, limited working, time out, teleworking and freedom to work. BT reports having reaped a lot of benefits from such a working practice. In this regard, BT reports that flexibility has increased the motivation level of its employees, which has in turn increased their productivity . As a result, the company has been able to register increased profits than ever before (Eurofound 2009). British American Tobacco (BAT) is also another big company in the U.K. that provides flexibility of work. In this regard, BAT allows for part-time and flexible working hours for its employees. Like, BT, Bat also provide leave for its workers to enable them attend to other