HRMorning.com » Avoiding layoffs: More companies offering flex-time, reduced workweeks

Avoiding layoffs: More companies offering flex-time, reduced workweeks

September 11, 2009 by Christian Schappel
Posted in: In this week's e-newsletter - benefits, Latest News & Views, Retention and turnover

To weather the recession and avoid reducing their workforces, more employers are offering options such as flex-time and reduced workweeks.

Approx. 81% of employers are maintaining their current flex options, according to a recent report by the Families and Work Institute.

In addition, 13% of employers are actually increasing flex-time options.

And only 6% of companies are reporting that they are reducing flexibility options.

Another way companies have tried to stave off layoffs in the past year: by offering reduced workweeks to employees. Nearly 26% of companies have turned to this strategy.

One tactic many companies remain leery of, however — telecommuting. Why? The amount companies spend to maintain a mobile workforce is comparable to what some employers pay per employee for healthcare coverage, revealed a recent Runzheimer International study.

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