This is the 622nd most frequent Dutch word.
opzichte
"Opzichte" means "respect" or "regard" in a comparative context.
Here, 'ten opzichte van' indicates a relational stance or attitude towards someone or something.
Zijn houding ten opzichte van zijn collega's is altijd respectvol.
His attitude towards his colleagues is always respectful.
'Ten opzichte van' in this context conveys the relation of the flexibility to the working hours.
Het bedrijf biedt nu meer flexibiliteit ten opzichte van werktijden.
The company now offers more flexibility with respect to working hours.
In this sentence, 'ten opzichte van' is used to show a basis of comparison, literally meaning 'in relation to'.