Is “chair time” overrated?
Leaders at Inc. magazine’s “50 Best Workplaces” seem to think so. More than 1,600 companies vied for the chance to land on Inc.’s coveted list, and of the 50 selected, 86% allow flexible work arrangements.
You read that correctly: Nearly 9 out of 10.
In what was once a novel approach (remember Best Buy’s bold ROWE experiment?), flexible work arrangements are becoming ubiquitous among the top echelon of companies.
So much for the 8-to-5 tradition. At successful companies, gone are the days when an employee had to be at their desk by a certain time in the morning—and wouldn’t deign to leave before the boss.
Sure, there are exceptions. Bain Consulting famously ranks top among employee satisfaction in spite of a culture that includes notoriously long hours.
But even at Bain, it’s not necessarily about how long you spend in a chair in a cubicle, with your boss able to look over your shoulder. It’s about results. And increasingly, that means going for a run at 3 p.m. but then firing up your laptop again at 10:00 p.m.
It means making sure you can pick your kids up from school but getting two billable hours in by the time most people have had their coffee.
And in an increasing number of cases, it means not hiring someone full-time for a job that can be truncated. If you’re not trying to drag out your day so you can make sure you spend nine hours in a cubicle, you can be a lot more efficient.
Would you rather pay to see people sit in a chair?
Or would you prefer to pay for results?
At Owl, we’ve known for a long time that paying someone for full-time work is often unnecessary. Time and time again, we watch rock star CFOs, controllers, and bookkeepers knock out top-notch work in a fraction of the time. Want to see it in action? Give us a call.