Employer here (yes, I know right?! Sigh). Being on time and punctuality is about respect of other people time not about suppressing workers freedoms. We have no time to arrive for anyone. You can use the office if you like or work remotely from wherever you chose. But being late for a meeting with anyone relayed to the firm (customer or coworker including me) has to stay a seldom occurrence. Having multiple people wait for you 10 min is a pain point for everybody involved. It happens, I get it, but it everybody does not keep it to once in a long while everybody waits at every meeting which is not respectful of their time and its wasting quite some money too (Yes my people earn well above average). Is it too much to ask some basic respectful handling of each other?
BTW: there are employees that can't handle that much autonomy yet. They specifically ask me to check their working hours and be at the office present for them to help them get their hours in and help with technical problems. But that's usually new staff which has not learned to keep a routine. With time they usually get it together sooner or later. Surprisingly most make use of the office pretty regularly and just don't come in if they travel to visit family or need to be at home for family reasons. Its a win all around as far as i am concerned.