The Flexible Working Bill has achieved Royal Assent with millions of British workers about to benefit, but what does "flexibility" really mean, and how will these changes affect you? In this blog, we'll delve into the concept of flexible working and why this bill is essential.
Understanding flexible working
"Flexible working" encompasses various options such as part-time, term-time, flexi-time, compressed hours and adjustments to start and finish times. It also extends to where someone works, whether from home, a satellite office or a blend of both.
The need for the flexible working bill
“A happier workforce means increased productivity, and that’s why we’re backing measures to give people across the UK even more flexibility over where and when they work.” - Business and Trade Minister, Kevin Hollinrake
Research conducted by the Chartered Institute of Personnel and Development (CIPD) revealed that a lack of flexible options led 2 million employees to change jobs and caused 4 million to leave their professions entirely last year.
The UK Government’s press release emphasises that the benefits of the Flexible Working Bill extend not only to employees but also to British businesses - by offering more flexible working arrangements, businesses can not only retain their talent but also attract new skilled workers, ultimately contributing to higher productivity and increased competitiveness.
Key changes under the new bill
By embracing flexible working practices, both employers and workers stand to benefit from enhanced work-life balance, increased job satisfaction and improved overall productivity.