Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Be Flexible

Posted by: Rod Kurtz on August 22, 2006

Small companies have a distinct advantage over their larger counterparts and that is the ability to be flexible when it comes to employee policies. Large companies often rigidly adhere to the policies outlined in the employee handbook. Workers who want to make special arrangements, whether it’s working from home one day a week or taking every other Friday off in the summer, often have to jump through several bureaucratic hoops and many times the request is still denied.

As a small-business owner, one way to attract and retain quality workers is to be flexible when it comes to policy. Make decisions on a case-by-case basis. You may have one employee who works 40 hours a week, but does it in four days instead of five. You might have someone who can do his or her job from home and only comes into the office once a week. You may allow a worker to listen to his iPod at his desk all day.

Set specific goals and deadlines for your workers and establish standards when it comes to quantity and quality of output. How, when, and where your employees get the work done should be a non-issue as long as they conform to legal and ethical standards.

John Challenger
Challenger, Gray & Christmas

Reader Comments


August 22, 2006 4:40 PM

I find this idea great, and I think that people should be able to work in flexible places. It helps to enjoy your job and also allows you to have enough time to work on your task carefully. Also, it is profitable to set goals and deadlines, because you are sure that your job will be completed within a certain amount of time. This is a great idea! I wish I could work using the same system.

Bhupendra Oza

August 31, 2009 1:55 AM

I agree, but in some case where there is internal problems for which sometimes workers dont share with owners. So, personal meeting with all workers is needful where everyone can share their thoughts.

Post a comment



Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.

To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.

BW Mall - Sponsored Links

Buy a link now!