Impact of Work Place Flexibility and Telework on the Performance of Organisations

Seminararbeit , 2014 , 22 Seiten , Note: 1.4

BWL - Unternehmensführung, Management, Organisation

I would like to start this paper with a quote from the American president: “[Workplace flexibility] is an issue that affects the well-being of our families and the success of our businesses. It affects the strength of our economy -- whether we’ll create the workplaces and jobs of the future we need to compete in today’s global economy” (Obama, 2010, p.1).

The World at Work report states that “employers in advanced economies could face a shortage of 16 to 18 million college-educated workers in 2020 … many nations can narrow the skill gap raising the labor force participation rate of college-educated women and keeping older high-skill workers [emphasis not in original] in the labor force” (Dobbs et al, 2012).
One of the possible ways to handle this problem is to implement work place flexibility and telework opportunities for these two groups of employees.

Commerzbank is the second largest bank in Germany and Poland with more than 54,000 employees around the globe (Commerzbank, 2014, p.1). Its business is influenced by world labour trends, as well as the business of other organisations. The purpose of this paper is to demonstrate a theoretical basis of flexible work arrangements and telework for Commerzbank. The implementation of work place flexibility should definitely help Commerzbank retain its competitiveness and attractiveness on the international labour market.

Table of Contents

Chart Descriptions

1. Introduction

2. Main definitions of work place flexibility and telework

3. Overview of telework in Germany and the EU

4. Impact of work place flexibility and telework on organisations’ key performing indicators
4.1. Impact on staff turnover and retention
4.2. Impact on absenteeism and health
4.3. Impact on productivity and organisational costs

5. Disadvantages of work flexibility and telework for employees and organisations

6. Conclusion and recommendations

7. List of references

8. Appendix

• Hochschule: Frankfurt School of Finance & Management
• Note: 1.4
• Autor: Yulia Pinter (Autor:in)
• Erscheinungsjahr: 2014
• Seiten: 22
• Katalognummer: V299890
• ISBN (eBook): 9783656975137
• ISBN (Buch): 9783656975144
• Sprache: Englisch
• Schlagworte: Telework, work place flexibility, performance of organisations