Definition

Flexi-time refers to the arrangement such that employees can vary their daily start and end times to suit their work and personal commitments. Typically, there is a core time, say 10am till 4pm, which must be worked. There is usually an accounting period, usually a week or a month, within which the full number of hours is worked but where the employee has discretion about when those hours are worked. In some cases, excess of deficit hours can be carried over to the next accounting period.

Benefits to Employers

• A wider pool of expertise and talent to tap on
• Working hours matched with peaks and troughs of business demands
• Longer opening hours to attract more customers
• Reduction of absenteeism and elimination of punctuality problems
• Retain skilled employees who may have other personal commitments, e.g. family care

Benefits to Employees

• Increased flexibility to manage work and personal commitments, e.g. dental appointment, sending child to school, etc.
• Promotes equal opportunity for employees who cannot work standard office hours
• Reduces travel time (avoid peak periods)
• Reduces stress (and health care costs)