ORGANIZATIONS SHOULD ALLOW FOR FLEXIBLE WORK HOURS Free Essay, Term Paper and Book Report
The terms work/life balance and family-friendly benefits refer to a host of employee benefits offered by companies concerned with the overall well-being of its employees. Flexible work hours (or flextime) fall within these benefits. Major companies allow its employees (from senior executives to the lowest level employee) to participate in flexible working hours. Flexible work hours take various forms such as compressed work hours, late/early shifts, part-time, telecommuting, job sharing, or working only a percentage of the year.
Companies across all industries view flextime as a strategic tool that results in higher productivity and quality. Other benefits include greater innovation and job satisfaction; improved morale; reduction in stress, absenteeism and turnover; loyalty; and lower overtime costs. The overriding benefit is that flextime creates a happier and more productive work environment. In addition, companies are leaning toward flextime as a means of reducing cost and attracting qualified individuals. According to a 2003 survey by the Society of Human Resour......
Word Count: 582
Page Count: 2.3 (250 words a page / double spaced)
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