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Flexibility proves profitable for large firms.(business enterprises plan to keep their human resources happy)
- Article from:
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Employee Benefit News
- Article date:
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September 15, 2005
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Copyright informationCOPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After ushering in workplace flexibility programs, 10 large employers have reaped sizeable economic gains this year. Programs such as teleworking, flextime and compressed workweeks resulted in decreased overtime, fewer unscheduled absences, increased productivity, and more efficient work processes.
Each firm increased productivity by 5% to 10%, according to Harvey Thomson, senior consultant for The BOLD Initiative, a workplace diversity advocacy organization that arranged pilot programs for these companies, including Johnson & Johnson, PepsiCo, Nextel Communications, Prudential Financial, Puget Sound Energy, Macy's Northwest and Weyerhaeuser Company.
The 10 firms ...
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