Flexible Work Arrangements

A report from New York City Comptroller, Scott Stringer, talks about the growing need for, and use of, flexible work arrangements (FWAs) that create alternatives to the traditional 9-to-5 work schedule. Families and Flexibility: Reshaping the Workplace for the 21st Century explains how changing workforce demographics (women who both work and take on the majority of childcare responsibilities, low-wage workers who have less control over their schedules, single-parent workers, workers who care for elderly/disabled family members, etc.) have highlighted the increased need of FWAs. In addition to providing examples of successful work-day restructuring at corporate offices (Aetna saved $78 million in real estate costs in 2012 by introducing FWA), the report also highlights unintended benefits including increased employee satisfaction and morale, and a reduction in overall employee stress/fatigue. You can read the full report here:

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