News & Views from MyExpensesOnline

Is your finance team ready for the new flexible working laws?

Flexible working is sometimes referred to as remote working, which gives employees the choice to decide where and when they would like to work.

It can help people to balance their job with responsibilities at home, keeping more employees in long-term employment and allows businesses to retain current staff and attract new.

The latest research has shown that 2 in 5 UK employees want more flexible working options, which is the equivalent of 8.7 million people.

This study comes due to a change in employment legislation.

Last month, we saw the Department of Business, Innovation and Skills announce that 20 million people now have the right to request more flexible working hours.

As part of this right, employers must follow a certain procedure and consider all requests in a responsible manner. If an employer rejects one of these requests, the employee must be provided with a valid reason for rejection.

This change in law will affect everyone with more than 6 months of service and comes after the government said it would ban employers from giving staff zero contracted hours.

Deputy Prime Minister Nick Clegg said, "Modern businesses know that flexible working boosts productivity and staff morale, and helps them keep their top talent so that they can grow."

Many agree that the rise in flexible working could be due to the increase in cloud-based solutions.

Many of our clients were looking to move forward with more flexible ways of working and our app helped their finance teams to manage their company and employee expenses online and on their smartphones or tablets.

If you are considering adopting flexible working in to your business, contact a member of our team to see how we can help.

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