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Flexible working time as an opportunity to save costs and increase productivity


Credit: TalTech
The Covid-19 pandemic has turned flexible working arrangements a new reality, but differences in employees preferences and the financial implications for companies still require unravelling.
At the time, when the companies are in the quest for competitive advantages in the global economy, cost reductions and productivity gains are becoming increasingly important - well-designed working time arrangements and efficient use of human resources can contribute significantly to both. A key challenge is how to manage to strike the balance between optimal division of the employees time between work and leisure and the employer s goal of profitability.
It appears from Raul Ruubel s doctoral thesis Working Schedules and Efficient Time-Use in R&D Work defended at TalTech Department of Economics and Finance that provision of flexible working options may help achieve productivity gains and reductions in personnel costs if it can be assured that the individual ch ....

Taltech Aaro Hazak , Raul Ruubel , Aaro Hazak , European Union Horizon , Institutions For Knowledge Intensive Development , Professor At Taltech Department Of Economics , Estonian Research Council , Taltech Research Administration Office , Taltech Department Of Economics , Efficient Time Use , Taltech Department , Finance Aaro Hazak , European Union , Economic Performance , Methodological Challenges , Knowledge Intensive , Knowledge Economy , Institutional Economics , Tech Research Administration Office , ஐரோப்பிய தொழிற்சங்கம் அடிவானம் , நிறுவனங்கள் க்கு அறிவு தீவிர வளர்ச்சி , எஸ்டோனியன் ஆராய்ச்சி சபை , திறமையான நேரம் பயன்பாடு , ஐரோப்பிய தொழிற்சங்கம் , பொருளாதார செயல்திறன் , அறிவு தீவிர ,