This type of work allows the more mature worker to adjust to having more free hours while still earning a paycheck. And it gives greener employees the chance to learn from a wiser but retiring group of professionals.
Here are just some of the most important benefits for the future workforce:
The convenience of working remotely, away from an office environment, by connecting to an employer's office network.
A telecommuting privilege where workers are permitted to connect to an employer's office network. This term encompasses telecommuting that occurs at home, but is often used to denote working in locales that aren't home or office, such as a cafe, client office, or hotel room.
Working something other than the traditional, corporate daytime, weekday hours of around eight hours a day, 40 hours a week. It could include early start and early finish programs, or compressed workweeks.
An employee completes 80 hours of work for every two weeks, but might schedule more hours in one week than the next. Many companies that utilize this practice institute "core hours" when all employees should be available and working.
Maintaining a traditional eight-hour work day for five days a week, but doing so with flexibility in your arrival and departure times.
A situation where workers (usually ones working flextime) share the responsibilities normally given to one full-time employee.
Phase-Out or Phase-Back Hours
A temporary alternative work schedule that allows an employee to transition in or out of their usual working schedule. Phase-out privileges are frequently used by soon-to-be new parents preparing for their child, or for soon-to-retire (or quit) workers. Phase-back privileges are often used by parents with young children who are returning to work.