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Research on the Impact of Flexibility on Organizational Performance
Source: FlexPaths
18 Pages
The following evidence describes the impact of flexibility on business costs, productivity, and shareholder value. For data on all of the impacts flexibility has on a business, see "The Impact of Flexibility on Business Performance" in the FlexPaths Library.
Impact on Costs
Flexible human capital practices reduce or eliminate costs associated with: absenteeism, turnover, stress-related illness, burnout, health insurance, facilities, labor, investments to attract new customers and retain old ones, and recruiting costs such as stock options, employment advertising, salary differentials and hiring bonuses.
