What is job flexibility and what are its benefits?

More and more companies introduce the concept of labor flexibility since theybrings many benefits, but there is still a long way to go on this issue. This is composed of a series of measures that mainly favor the rights of workers, both in terms of freedom of contract and in terms of contracts.

Both companies and their employees demand a greaterjob flexibility for various reasons, on the part of companies are forced to respond to a market that every day demands for more, where schedules cannot have a limit, on the other hand workers increasingly value and demand more leisure and rest time, to be able to share with their loved ones.

One of the great benefits of labor flexibility is that it increases labor productivity, something really incredible since it is difficult to achieve a model that combines efficiency and equity for both parties. This is because workers are better organized to perform their tasks, and that allows them to be more effective.

Clearly higher business productivity means that the company performs better

, and therefore higher incomes, but this is adapted according to the type of service offered by each one, those that work with the public will have a more rigid schedule. It is also something that requires great responsibility from both parties.

How does job flexibility work?

Know in depth labor flexibility is something that mainly suits employers, especially those who are owners of an SME, since they are the ones who have the power to use it or not. These are three key aspects that help to better understand what this new concept entails:

• It helps to improve the adaptation capacities in the labor hiring model, making it see for the real needs of each company or organization at the time it is carried out, encouraging the hiring of new employees, and reducing the risks for the company.
• It allows a reconciliation between work and personal lifeBecause employees have flexible hours, workers can strike the perfect balance between the two.
• If the company knows how to manage this concept well to its regulations, it can be an initiative to save and reduce expenses for the same.

Types of labor flexibility

Labor flexibility can be classified in two different ways:

1. Numerical flexibility: refers to the dismissals made by the company due to the lack of skills to perform a certain position, this has a close relationship with the security of a job.
2. Functional flexibility: it is the one that modifies and redistributes all the tasks of a certain sector.

What characterizes labor flexibility?

It has certain characteristics to be understood by both parties so that problems or misunderstandings do not occur, this figure has generally been established for periods historical events where the economy is in a crisis situation, and it is taken as a preventive measure to avoid falling into mass layoffs.

For a long time it was considered as a means to prevent employees from losing their job, and that the company did not have to reduce productivity by reducing staff.

The characteristics of labor flexibility that continue to be applied today and that can be considered as benefits are:

Agreements between both parties

These consist of employment contracts where all or several parts of the contract are modified in relation to those previously held. Although these must be clarified and known by both parties in advance, market conditions are those that allow employees to choose it or not.

Terms

Although this occurs according to the working conditions that are established depending on the country, the flexibility proposes some that are much more unstable for employees, generating greater uncertainty from an economic point of view, at least for the class worker.

Market reinvestment

Although it has been shown that companies benefit from this legal figure, before getting it can generate economic instability and investment hazards for the country that has this economic policy, therefore both the market and its consumption may decrease slightly.

Increased competitiveness

Competitiveness within a company becomes quite strong by keeping a job where the conditions are flexible and favorable to employees, something that can generate some dislike among they.

Freedom of contract

This is one of the positive factors that it has for companies, since it allows them greater freedom to hire at their convenience.

These are some of the most important aspects that cover labor flexibility, a concept that can be very beneficial if you know how to apply it.