Policies like unlimited vacation and remote work help employees manage life’s demands. These companies make it work for the bottom line too.
Even small reductions in work hours can have long-term consequences on retirement security, benefits, health insurance, and job security. As many as 43% of people caring for their parents say that their professional career has suffered as a result of caregiving.
If we can create more flexible work options, the growing workforce whose parents are living longer can balance family obligations with work responsibilities in a creative and productive way.
There are many solutions that companies can explore in order to create more flexible work. Depending on the type of position and responsibilities, there is a flex strategy that will fit nearly every employee’s needs. Here’s a look at five flexible work strategies, and some of the companies that employ them.