Flexible work arrangements are all the rage. In theory, they improve employees' lives while increasing, or at least not decreasing, employee productivity. Such arrangements can help save money on facilities-related costs, and the work-from-anywhere foundation offers social advantages, including reduced commuting time and congestion.

But how to test the theory? How can one quantify the effects on people and workplaces related to workplace flexibility? Consultant FlexJobs has released its third annual study on flexible work arrangements, and may be getting closer to quantifying flexibility's benefits and limitations.

The company got input from 650 working parents, some with flexible schedules. The questions focused on how flexibility effects their work-life balance, their relationships with loved ones, and their health. Among the findings:

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.