Alternative Work ArrangementsAlternative worker arrangement, flexi work timings, work from home, what is all this about ? What is the buzz around all the stuff. This article will tell you what the story behind these terms is. This will help you understand the concept and if you like it can also be introduced in your organization.
Alternate work arrangements is a way of tweaking the work timings and compensation of the employee where it is a win-win situation for both employee and the employer. There are many ways in which the alternate work arrangement is done these days. As the concept is evolving there are many new ways which are coming up. We now discuss some of the very basic alternate work arrangement programs which are being practiced in the industry.
Flextime—In this type of arrangement, the employee is given the liberty to choose from an array of work timings. The work timings are generally so designed and decided such that there are maximum possible employees available when they are needed the most. Earlier Flextime was regarding as a good way of managing the employees, but now the companies around the world are widely practicing it.
Compressed work week – As the name goes, the work week is compressed to a reduced working days per week. Generally the employee is asked to work for a couple of hours extra daily and this is compensated with an extra day off in that particular week. This is the most popular concept among the employees and is also widely accepted.
Flexplace—This concept of alternate work arrangement is also one of the favorites among the employees and the employers alike. In this concept employees are given an option to work either from home or from a office location which is nearest to them. Implementation of this concept has resulted in increase in the productivity of the employees. The most popular form of this concept is “Telecommuting”.
Work Sharing—This is one of the new concepts of alternate worker arrangements, adapted by the companies who do not wish to lay off their employees. In this concept the work load of the regular employees is shared either among other employees of the same company or among other companies. This is generally achieved by cross training the employees on different working platforms.