Employers are benefiting from various alternative strategies to reduce costs in light of the global economic crisis whilst also creating enhanced opportunities for work life balance.
Organisations are realising the win-win situation available to reduce bottom-line costs whilst also catering for the needs of employees balancing their lives.
These agreed terms include employees reducing their work hours to pursue other interests, such as study, family or hobbies.
Another popular strategy in today’s economic environment is employers encouraging annual leave to be taken in support our nation’s excessive annual leave balances.
By organisation’s considering alternative options to maintain jobs during this challenging economic time, can create positive benefits not just for the financial health of the business but for their employees as well.