The ROI of Flex-Time - 'NOT'

http://www.incentivemag.com/msg/content_display/incentive/news/e3i07c80a70350aca7252bf788d7822f517



I enjoyed reading the article on Flex-Time in Incentive Magazine. It is easy to concur with the likely positive outcomes of Flex-Time applications.



I am deeply bothered by the continued misapplication of the term ROI. This is a financial analysis term of specific form and application. It's use for this article is inaccurate at best, and discredits the arguments in the article to the nth degree.

ROI has become a term sloppy applied to justifications for incentives and meetings. I assume it is used to imply a thoughtful financial consideration of an expense. It has just the opposite effect in the finance office!

In fact, if ROI is applied correctly, the greatest ROI yield of a meeting or incentive is NOT to have them!

My recommendation is to stop using the term incorrectly, and focus on the strategic advantages of expending money and for meetings and incentives. Regarding Flex-Time as an incentive, the strategic advantages are very well outlined in this article!