Like this story? Read more:
Businesses are considering the option of implementing varied working arrangements as an alternative to cutting staff, Joydeep Hor, managing partner of Harmers Workplace Lawyers, said.
“I’m hearing more and more from employers that flexible workplace arrangements are proving their business case as business leaders and senior management begin to realise the benefits over having to make people redundant.”
Hor said professional services firms such as a law firms and property consultancies are looking to cut expenditure instead of make redundancies.
“Examples of what I’m seeing businesses implement include: nine day fortnights; a requirement for employees to take their annual leave once they reach a certain threshold; salary and recruiting freezes, and redeployment of staff to other areas of the business.”
However, he cautioned employers against implementing alternative working arrangements without consulting the affected employees.
“Apart from the obvious financial benefits to a company, offering employees flexible working arrangements gives employers a chance to show their staff how much they value them,” he said.
See today's e-magazine here.