AS THE trend of flexible working spaces grow, an executive of Regus, global workplace provider, underscored the importance of being able to improve the staff's work-life balance.
"Flexible working is on the rise in the Philippines. In fact, according to the latest report from Colliers International, there are around 60 flexible office space operators as of end-2016, with the area dedicated to flexible workspaces reaching 228,000 square meters," said Lars Wittig, Regus Philippine Country Manager, said in a statement.
He said Colliers expects the number to grow by 10 percent annually in the next three years as demand for co-working spaces is spurred by the millennial-dominated workforce.
"Our findings, from Regus commissioned research, found that 41 percent of businesses place improving flexible working policies high on their agenda this year due to increased demand from staff. Also, 63 percent of our respondents also state that nowadays any job they take has to offer flexible working too," Wittig said.
However, he said companies must consider the policies they have in place to ensure quality work-live balance for their staff.
"If you’re currently only offering flexi-time or compressed working hours, it could be time to go that one step further and offer a home or remote working option too," Wittig said.
He also pointed out that it is important to make sure that the staff understand exactly what each term in the company's policy means and what is expected of them if they do decide to give flexible working a go.
"Let them know what they’ll need to apply, what equipment the company will provide, and, if applicable, how their new working arrangement might affect the way they pay tax," Wittig said.
He also said it is important for the company to outline its assessment methods so that they can’t be accused of discrimination further down the line.
Wittig said if flexible working is new to the company, they should make sure everyone knows how it’s going to work.
"Your managerial staff might be worried that it could have a negative impact on productivity, but that’s where research and training will help reassure them. A change of scenery – whether it’s at home or a business space – can improve productivity," he said.
Wittig also recommended introducing trial days like allowing the staff to work from home for one day per week before offering them full-time opportunities.
"This can help them assess whether they think it will work in the long-term. This will also give you and your managerial staff a chance to check that they’re still as productive as normal while letting them get used to working in a different environment," he said.
Wittig said, "Business has changed drastically over the last few decades, whether through the rise of new technologies and flexible working. To remain attractive and retain young talent, it’s important for companies embrace flexible working practices and promote work-life balance for their workforce."