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Work and Family Programs-These programs are still relatively rare, although some larger companies have reported good results with pilot initiatives in this area.Partial Retirement-These programs allow older employees to continue working on a part time basis, with no established end date.Phased Retirement-Under these arrangements, the employee and employer agree to a schedule wherein the employee's full-time work commitments are gradually reduced over a period of months or years.Expanded leave, which can be granted on either a paid or unpaid basis, is used for a variety of reasons, including sabbaticals, education, community service, family problems, and medical care (the latter two reasons are now largely covered by the terms of the Family and Medical Leave Act). Expanded Leave-This option gives employees greater flexibility in terms of requesting extended periods of time away from work without losing their rights as employees.It allows businesses to temporarily reduce hours and salary for a portion of their workforce while maintaining the number of employees. Work Sharing-These programs are increasingly used by companies that wish to avoid layoffs.Job Sharing-Under these arrangements, two people voluntarily share the duties and responsibilities of one full-time position, with both salary and benefits of that position prorated between the two individuals.Telecommuting is the most commonly practiced example of this type of flexible employment.
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Flexplace-This term encompasses various arrangements in which an employee works from home or some other non-office location.Other options include three 12-hour days or arrangements in which employees work 9- or 10-hour days over two weeks and are compensated with an extra day or two of time off during that time. The most common incarnation of the compressed work week is one of four 10-hour days.
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Compressed Work Week-Under this arrangement, the standard work week is compressed into fewer than five days.Formerly regarded as a rare, cutting-edge workplace arrangement, flextime is now commonly practiced in a wide variety of industries.
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These periods are usually at either end of a "core" time during which most company business takes place.