Workplace flexibility is a method of reacting to changing expectations and circumstances. Giving your employees the option for flexible working is a remarkable way in keeping them happy, but it is more than an incentive. Flexible working has the potential to increase employee engagement and productivity, reduce absenteeism, and boosts profits.
Offering flexibility should be a top concern when recruiting candidates and assessing the current employees’ overall happiness. Businesses are more likely to lose out in the war for talent if they are unwilling to be flexible.
Human resource has always been the backbone of any organization and you will not wonder if we add here that it has always been important for any organization.
But the success of any organization depends completely on how much organizes utilizes its human resource.
If the organization is successful in managing its human capital to the utmost level then, the organization is able to attain competitive advantage over its competitors.
In other words, Human Capital Management is a set of practices like developing, managing and optimizing the human resources of an organization.Human Capital Management is somehow synonymous to Human Resource function.
Employees are known as the lifeline of organization as the organizations cannot run without its employees.
Every employee contributes in the organization in one or other way in increasing productivity and achieving success.