Attracting and retaining top talent is a major concern for small business owners across every industry judi online. While things like competitive wages, top-notch benefits and adequate vacation time are important, for high-demand employees, such features are widely considered to be the bare minimum. If you want to attract the best workforce possible but can’t necessarily afford to increase salaries or benefits, offering flexibility is an excellent strategy. Some employers are offering their workers an alternative to the Monday through Friday, 9-to-5 schedule. Offering compressed work schedules makes it easier for SMBs to compete with larger corporations for elite talent.
A compressed work schedule is one where employees maintain a full-time schedule (which adds up to 80 hours over two weeks) but in a fewer number of days than five days (or an otherwise nontraditional arrangement).
Employees still work 40 hours per week, but rather than working eight hours Monday through Friday, perhaps they work 10 hours per day for a total of four days a week, with an extra day “off” during the week.
Key takeaway: A compressed work schedule is when employees work a complete week, typically 40 hours, in fewer than the traditional five days.
Why do employees like compressed work schedules?
Compressed work schedules offer employees an extra day “off.” Having that additional day may provide a better work-life balance for some employees.
This type of work arrangement can also benefit employees who have a lengthy commute. Not having to drive or take public transportation an extra day of the week may be especially appealing to some staff.
Key takeaway: An extra day off, better work-life balance and not having to spend as much time commuting are among the reasons employees prefer a compressed work schedule.