The increased cost of gas is one of the reasons for the increased use of ‘flex time’. Employers are starting to squeeze the 40 hour/5 day week into a 40 hour/4 day work week – with the approval of both employees and employers.
Bosses say that flex time increases productivity.
The 2008 National Study of Employers shows that there is an increase in the use of flextime (79% of employers now allow it, as opposed to 68% in 1998).
Besides the cost savings of gasoline, employees perceive flex time or a reduced work week as a benefit – and the advantage for employers is reduced turnover.
Courtesy Christian Science Monitor & the Miami Herald.