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Flexible Work Systems and Cost Benefit Analysis for AKC Architectural Firm

   

Added on  2022-11-13

14 Pages3155 Words80 Views
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HRM
Name:
Course
Professor’s name
University name
City, State
Date of submission
Flexible Work Systems and Cost Benefit Analysis for AKC Architectural Firm_1
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Table of Contents
Executive summary.......................................................................................................... 3
Introduction.................................................................................................................... 4
Flexible work systems....................................................................................................... 5
Need to purchase additional resources................................................................................... 6
Appropriate working hours acceptable for staffs working from home.............................................7
Costing employee absenteeism in the organization....................................................................8
Cost Benefit Analysis....................................................................................................... 9
Assumptions................................................................................................................. 10
Conclusion................................................................................................................... 12
References................................................................................................................... 13
Flexible Work Systems and Cost Benefit Analysis for AKC Architectural Firm_2
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Executive summary
This is a paper that seeks to establish the best way that AKC architectural firm can
optimally engage its employees to get the most out of the existing workforce. The paper also
seeks to establish the main reasons why there is a lot of absenteeism by the employees and ways
to solve this challenge from a human resource perspective. Our goal in this paper is to check
whether the company can still continue producing at a good rate if it opted to use flexible work
systems, the cost of using such systems. The report seeks to find out the main issues that would
arise incase the firm decided to use this system. The report also seeks to find out if the
introduction of a flexible working hours would save the company. The report also looks at the
assumptions made while undertaking the cost analysis for AKC firm. For instance we assumed
that on average ten employees are absent from work in a month aech time an employee is absent
there is cost incurred by the company to replace the absentees. The company also pays medical
costs, overtime is also paid for any extra work done during their absent days.
A cost benefit analysis will be done to establish whether the company can save up this situation
by installing software’s that can allow the employees to work from home when they are absent
from work. This report will seek to quantify the benefits and the cost of purchasing a new
software to tackle the absenteeism problem at AKC architectural firm.
Flexible Work Systems and Cost Benefit Analysis for AKC Architectural Firm_3
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Introduction
Working from home is also known as teleworking, mobile work, remote work and flexible
workplace, it is a work arrangement in which employees do not commute to a central place of
work. It has been adopted by a range of organizations and even the government. The benefits of
working from home include: It does not require an office. This thereby enable the organization to
save on cost that otherwise would have been used on office spaces, office equipment’s, and
lighting for the workers. Working from home enables the organization to upgrade its worker’s
standards of living by giving the employee chance for personal growth through working from
home. Reducing the amount of time they use in commuting from home to work and the time
wasted on traffic jams may also lead to higher job performance, reduce abseetism and increase
the company’s turn over . This help in maximizing profits of the company and at the same time
reduce congestions on the roads by reducing the number of cars on the roads and also reduce air
and environmental pollution that is otherwise caused by congestion of people.
Workers are able to balance their work responsibilities and family roles. Through working from
home workers can be able to offer quality time to their family members, look after the elderly
Flexible Work Systems and Cost Benefit Analysis for AKC Architectural Firm_4

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