Flexible Working and Annualized Hours
Flexible working schemes, Annualized Hours schemes and net hour contract schemes deliver benefit not only for the employer, but for the employee too. Finding the scheme that is right for both your business and your employees can be defined through WorkPlace's structured Methodology that is inclusive and consultative, ensuring a smooth transition and high levels of acceptance from all. WorkPlace has successfully delivered modern, innovative working hours schemes in some of the most inflexible, strongly unionised environments.
WorkPlace has experience in designing and creating a wide range of flexible working schemes including Baseline Flexing, Net Contract and Annualized Hours schemes; schemes that are appropriate in today's labor market and suitable for your business issues. Most importantly, WorkPlace can develop a Change Management and Implementation Programme that assures a smooth adoption and execution.
The objective of an Annualized Hours scheme is to match staff against work over an extended period. Most businesses will have a changing demand for work throughout the year (seasonality) and redistributing resources in line with peaks and troughs can increase the efficiency of the business and save wage costs.
Benefits of Annualized Hours scheme for employers include:
- Staff resources aligned to demand
- Staff cost are known in advanced and controllable
- Improve the working culture - less absence
- Improve the flexibility of the workforce
- Better customer service/product availability
Benefits of Annualized Hours scheme for employees include:
- Salaries become a regular monthly amount
- More flexibility of working times and ability to swap
- Additional training and up-skilling can take place
- Ability to win reserved hours
- Increase in base salary and/or pension can occur
WorkPlace has experience of implementing Annualized Hours schemes and our initial consultancy will investigate the suitability and the impact on the operational structure of the business.
Once an Annualized Hours scheme is agreed and implemented, there is a need to manage, monitor and report on attendance. WorkPlace provides a number of different options to achieve this.
Download our Annualized Hours case study
"The WorkPlace products were a key resource in implementing our annualised hours scheme effectively. The workforce planning system is very easy to use and makes rostering more straight forward and comprehensive."
Jim Harrison
Head of Depots
GNER