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Completed Projects Flexible Futures: Flexible Working and Work Home Balance (in the accountancy profession) Dates and duration of
research project Summary of findings from Phases One and Two Location of project Funding
organisation Names
and titles of project directors Other staff Contact
persons Background Changes in the nature of work and workplaces provide challenges and opportunities for new forms of workplace flexibility. Furthermore new regulations on, for example, parental leave and working time, require all employers to consider some aspects of working time flexibility. This is a study of flexible working and its impact. Flexible working arrangement can be defined as any policies and practices, formal or informal, which permit people to vary when and where work is carried out. There are a number of reasons why accountancy firms should be introducing, or if they have already done so, developing and evaluating, flexible working practices. Firstly, accountancy is one of the professions in which a long hours culture prevails. There is mounting evidence that long hours of work are associated with stress related illnesses poor quality of life and reduced performance and productivity. On the other hand, evidence is beginning to accumulate that flexible working solutions, if well implemented, can reduce these negative effects, enhance recruitment and retention, and increase productivity and commitment to the organisation. However, it is clear that formal flexible working policies alone are not sufficient; there is often a gap between policy and practice. The effectiveness of flexible working policies and practices appears to depend on a number of facts such as support from managers and co-workers and the extent to which employees feel they have autonomy and control over their working hours in practices. Flexible working appears to be most successful when there is mutual flexibility, that is, both employees and their managers are willing to be flexible to meet individual and business needs. Aims The overall objective was to examine and develop effective flexible working policies in the accountancy profession. Specifically the project aimed to:
This leading edge project was the first to explore systematically, develop and evaluate flexible working in any of the professions. It will provide important information for chartered accountants and have implications for future research in other professions. Project design and method Data on working hours and their perceived effects, flexibility needs and available supports were collected via a survey of a representative sample of members of the Institute, a survey of Human Resource Directors, and in depth semi structured interviews were conducted with a diverse group of volunteers. On the basis of these findings a framework is being developed to guide firms in the development of flexible working policies and practices and to enable them to evaluate the extent to which such practices achieve their objectives Publications Read the executive summary for
Phase One of the research here.
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