Global economy has seen a sharp decline in recent pass. Companies as a protective measure are trying to cut cost from every possible corner."Work from Home" is one such solution. Initially people may feel left out and without supervision but gradually they will feel more comfortable. This will also let them manage their personal and professional goals. Therefore it will finally result into more valued and stronger bond between employee and employer.
Work from Home policy has many benefits first and foremost important is for the company and that is reduced cost per associate work space, electricity and system. Companies will save a lot of money in each of them since expenses for one work station per month may vary from 5,000 to 20,000 in a big corporate.
It will also save time and cost to commute to Associates. Though it is said that one should mix his personal and professional life but flexi hours do this in an effective manner. For example take a case of working women who is pregnant or taking care of a new born. Absence of Flexi hour will leave them no option but to take either sabbatical, long leave or resigning from the job. Now with functional work from home they can very well manage home and work with better efficiency.
Associates will feel more valued and relaxed as they are given liberty to work according to their mood. This feeling in them also gives birth to sincerity and responsibility. Hence they will be more productive once trusted. It will also reduce the attrition rate which is also an ill increasing practice by employees now days.
Since it is giving space to professionals it is proving an effective way of reducing cost and improving performance. Hence policies like Work from home and Flexi-hour are gaining popularity in corporate houses. Definitely it has more advantages over traditional office timings.
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