Flexible work arrangements give employees the freedom they need to successfully balance their personal and professional lives. There are several different types of flexible work arrangements.
Although this is not an exhaustive list, here are 12 of the most common types of flex work:[slideshare id=38001135&doc=typesofflexworkpgi-140814132216-phpapp01]
1. Compressed Work
Employees work a 40-hour work week in less than the traditional 8-hour day, 5-day work week.
When employees work away from the office either full-time or a couple days a week.
3. Job Sharing
Two people work part-time and share the responsibilities of a full-time job.
Employees work fewer than 40 hours per week.
5. Flex/ Alternative Work
This schedule is the most requested, easiest to manage and most affordable option. It offers flexibility in arrival, departure and/or lunch times.
6. R.O.W.E (Result Oriented Work Environment)
Hours are not counted as long as employees are productive and perform successfully.
7. V-Time (Voluntary Reduced Time
Employees voluntarily reduce work hours combined with a reduced salary.
8. Expanded Leave
When an employee takes time away from work while remaining employed. (Paid or unpaid)
9. Annualized Hours
Employees are assigned a number of hours to work each year, and are given the flexibility of when they use them.
10. Phased Retirement
When older employees work requirements are gradually reduced.
11. Partial Retirement
Older employees continue working on a part-time basis with no set end date.
12. Work & Family Programs
Still relatively rare, this is when employers assist employees with child-care and/or elder-care.
Are you an individual who simply can’t do the 5-day, 40-hour work week because of your schedule? Consider talking to your employer about one of these flex work arrangements.