Flexibility or ethical dilemma- an overview of the work from home policies in modern organizations a - Viewpoint Flexibility or ethical dilemma an

Flexibility or ethical dilemma- an overview of the work from home policies in modern organizations a

This preview shows page 1 - 2 out of 4 pages.

Flexibility or ethical dilemma: an overview of the work from home policies in modern organizations around the world Ahmad Timsal and Mustabsar Awais Ahmad Timsal and Mustabsar Awais are both based at the Institute of Banking and Finance, Bahauddin Zakariya University, Multan, Pakistan. T he ability to hire, develop and then retain talent is regarded as a competitive advantage for any company. Organizations are coming up with diversified compensation packages, benefits and incentives to induce loyalty and commitment amongst their workforce. Given this dynamic environment, more and more professionals today look for a better work–life balance. Therefore, they are attracted to employers who adopt flexible policies and accept that this is now becoming a priority for employment. This is beneficial for employees because they get a chance to remain in the workforce and continue to be employed by an established company, yet also enjoy all the advantages of being at home. Because of economic conditions, environmental factors and availability of smarter technology, “work from home” options are quickly gaining popularity. According to International Data Corporation (IDC), the mobile worker population in USA will grow at a steady rate over the next five years, increasing from 96.2 million in 2015 to 105.4 million in 2020. It is expected that by 2020, the mobile workforce will constitute 72.3 per cent of the total workforce ( International Data Center, 2015 ). In another study, IDC found that in 2015 at USA, there are two million home-based businesses and more than three million corporate home office households ( Gretchen, 2011 ). As this option becomes more popular, we discuss the potential pitfalls associated with the “work-from home policy” and why it is easier to implement in some countries compared to others. Work from home policy: a catalyst for increasing worker’s productivity Companies which advocate in its favor state that the productivity level of their employees increases once, they are given the option to work from home. As far as employees are concerned, they do not have to worry about the morning traffic jams, they can spend more time with their families, they are away from the stressful office environment and above all they are at their creative best. For organizations, this policy has enabled them to hire the top talent without geographic limits (including companies “stealing” talent from their competitors), save on operational expenses relating to office-based workers, and, most importantly, provide the much needed “work-life balance” to their employees. The general benefits for employees are: a flexible environment in which you get to decide your own working hours (in agreement with your employer); fewer distractions and stress;
Image of page 1
Image of page 2

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture