Search
 

Report: Flex time benefits companies, society

Employers must organize 21st century workplace for the 21st century workforce.

By Danielle Andrus | Updated on April 07, 2010

Although one-third of employers say the cost of implementing a flexible work arrangement for their employees has prevented them from doing so, a report by the Council of Economic Advisors argues that the benefits of implementing such a plan can outweigh the costs.

The authors acknowledge that flexible schedules are inappropriate in some instances, but argue that, for some employers, flexible work schedules can reduce turnover and absenteeism, and improve productivity. According to the report, workers with flexible schedules reported “higher levels of job satisfaction, more loyalty and commitment to their employers, and ‘high likelihood[s]‘ of remaining with their employers for the following year.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.