Role of Types of Flexible Work Options on Organizational Performance of Listed Companies in the Nairobi Securities Exchange in Kenya

Abstract

Purpose: The purpose of the study was to establish the role of types of flexible work options on organizational performance of listed companies in the Nairobi Securities Exchange in Kenya Methodology: Descriptive and correlation survey research designs were employed. Stratified simple random sampling technique was applied in drawing a sample of 224 respondents from population of 534 top managers of the ten stratums of the NSE listed companies in Kenya Results: The findings indicated that the goodness of fit for the regression between organizational performance and types of flexible work options of companies listed in NSE was satisfactory. An R squared of 0.245 showed that 24.5% of the variances in the acceptance of the types of Flexible work options by NSE listed companies are explained by the variances in the organizational performance. Policy recommendation: It is recommended that different types of flexible work options could be fully adopted and implemented to enhance company performance. This would be by formulating well written down polices that govern the selection and application of various flexible work options. Companies could sensitize staff on the availability of the various flexible work options and guide employees on selection of these options based on the applicability and nature of the job, and the practice implemented. This process should be monitored, evaluated and reviewed to ensure the company performance is enhanced.