HR Hot Topic: Flexible Work Arrangements

We live in a time where "alternative" work arrangements are becoming more and more the norm. Especially in the wake of the COVID-19 pandemic, companies are exploring new ways of working and are seeing the benefits of greater adaptability as circumstances continue to change and evolve. Both employers and employees can benefit from flexible work arrangements, but offering greater flexibility is not without risk. In this course, you will explore flexible work arrangements, including remote work, flextime, job sharing, compressed workweeks, contracting, gig work, and permanent part-time positions. You will also learn how these flexible work arrangements affect both the business objectives of an organization and the work-life balance of employees. Learning Outcomes Identify different flexible work arrangements Describe the effects of flexible work arrangements on work-life balance Explain the advantages and disadvantages of remote work Describe health and wellness guidelines for flexible work arrangements Explain components of a flex time work arrangement Recognize the costs and benefits of a compressed work schedule Explain advantages and disadvantages of different job-shares Distinguish between independent contractors, full-time employees, and gig workers Distinguish between permanent part-time employees, temporary part-time employees, and seasonal part-time employees Explain reasons that employees choose phased retirement Describe how phased retirement can affect benefits