What are the pros and cons of flexible work arrangements for (i) employers and managers, and (ii) employees?
(i) Employers and Managers:
a) Pros:
- Increased employee satisfaction and morale
- Ability to attract and retain talent
- Potential cost savings on office space and utilities
- Improved work-life balance for employees
b) Cons:
- Potential challenges in managing remote teams
- Difficulty in maintaining company culture and cohesion
- Risk of decreased productivity and accountability
- Difficulty in ensuring equal treatment for all employees
(ii) Employees:
c) Pros:
- Increased flexibility to manage personal and professional responsibilities
- Reduced commute time and associated stress
- Improved work-life balance
- Potential for increased job satisfaction and motivation
d) Cons:
- Blurred boundaries between work and personal life
- Feelings of isolation and limited opportunities for collaboration
- Potential for increased stress and burnout
- Lack of clear career growth opportunities or advancement due to reduced visibility in the organization