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    September-2016
 
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Flex-scheduling Growing As Profit Tool For Small Business Managers

Increasingly, small business managers are turning to flex-hours to better utilize their staff.

Approximately one fifth of firms with less than 100 full-time employees offer alternative or flexible scheduling as a retention tool, according to a new Achilles Group survey of small businesses.

The findings are a marked contrast with the latest National Study of Employers, which found that more than 68 percent of organizations of all sizes offer at least some of their employees the option to work an alternate schedule.

The most common alternative scheduling method reported for small businesses was the use of flexible work schedules. Within this group most companies allowed flexible start and stop times.

Other alternative schedules included the 9/80 schedule or some modification. The 9/80 schedule allows employees the ability to work 80 hours in nine days, resulting in the employee receiving alternate Fridays off.

A variety of alterative schedule options do not affect salary, benefits, or time frame for career advancement including flextime, flexible schedules (compressed work weeks), and telecommuting.

The research findings suggest that small companies have significant opportunities to increase their employee retention and satisfaction by simply allowing a small amount of flexibility in their work schedules. The survey data is based on information from 52 Achilles Group clients.

Download the research brief at: http://www.achillesgroup.com/ResourceCenter_tips.php

 


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