Abstract
The purpose of this paper is to understanding the meaning of "flexibility" by exploring the characteristics of different firms, different properties, and different fields in the labor market. If we can find the best balance between employee and employer, we can get more employees, the employers, moreover, the additional surplus value that is beneficial to both parties. Of course, the need of labor will also be fulfilled with workforce, and workers will be able to work and live happier. It is resulted in better productivity or service efficiency. The article also discusses the actual wage rate and overtime pay regulations for the current labor law, and explains where it is questionable and debatable. In addition, various projects have also been discussed and explained on how SMEs can be implemented or to import “labor flexibility” systems to help their operations and management. At the end of the thesis, it also shows how small and medium-sized enterprises take advantage of their freedom and flexibility by using the "labor flexibility" strategy to increase their competitiveness. 15 more items are directly listed as reference points for self-checking and sight-seeing for SMEs. Of course, this is just an example for reference. The establishment of a company’s own business management and corporate culture depends on the intensions and the efforts of individual companies.