Yahoo Chief Executive, Marissa Mayer, recently announced that Yahoo employees will no longer be able to work from home. Although technology has made telecommuting possible, have the benefits to employers and employees been overstated?
Flexible schedules may not work for many firms. Computer, engineering, and science-oriented companies have been the types of firms embracing the concept most widely. Collaboration between employees must be facilitated and workers must be held accountable. Work must be carefully coordinated so as to not penalize employees who work in the office. For employees, extra care must be taken to draw a line between their personal and work lives.
But, there are good reasons why today more than 13 million people work at least one day per week at home. Employees, especially with child or elder-care responsibilities, are able to pursue their professions. They can work hours when they are most productive and save on commuting time and costs. Employers have access to talent and skills that otherwise might be lost while gaining from many happier and more productive employees. Office space and other costs can be lower and firms are likely to have an advantage in competing for key workers.
Flexible working schedules do have economic and other advantages for both employees and employers.
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