What do employees think of the flexible working system implemented by Standard Chartered Bank in London?

Throughout recent years, big-name enterprises have begun to implement flexible working system, especially in the western countries where the epidemic is rampant, flexible working system will become a trend. In response to Standard Chartered Bank's recent announcement that it will implement flexible working hours, nearly 60% of the employees interviewed by Standard Chartered Bank said that they prefer this more free flexible working hours than working according to the traditional fixed working hours. In other words, more than 40% employees of Standard Chartered Bank are also more adapted to the traditional working methods.

In fact, flexible working system has been controversial since it came into being. There are advantages and disadvantages to implementing flexible working system. First of all, let's understand its definition:

Flexible working system refers to the system that employees can flexibly and independently choose specific working hours on the premise of completing the specified work tasks or fixed working hours, instead of a unified and fixed commuting time.

It sounds like flexible working hours are an excuse for busy office workers to relax. Yes, on the one hand, it gives individuals more freedom. On the other hand, it is not convenient to carry out work that requires close cooperation from many people.

Generally speaking, its advantages mainly lie in reducing absenteeism, lateness and personnel turnover. Individuals can arrange their own time reasonably without being nervous, avoid being late for work or absenteeism, concentrate on their work with peace of mind, and greatly improve work efficiency. At the same time, individuals can arrange their time reasonably and take into account the necessary family life at work.

Its disadvantage is that it is difficult to manage employees. Because all people who undertake a task at the same time are not necessarily working at the same time. Some important work decisions cannot be made without necessary reference and opinions. Therefore, it takes longer to complete a job. In addition, flexible working hours are not suitable for all jobs. For example, office receptionist, a position that needs close communication and coordination with people inside and outside the organization, is not suitable for this work system.