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3 types of flexible expenses
3 types of flexible expenses







3 types of flexible expenses

It found that the increased proportion of workers on reduced hours helped to prevent job losses. It also looks at the crisis response measures governments and businesses used during the COVID-19 pandemic to help keep organizations functioning and workers employed. There is a substantial amount of evidence that work–life balance policies provide significant benefits to enterprises, supporting the argument that such policies are a ‘win-win’ for both employers and employees,” the report states. It cautions that the benefits of some of these flexible arrangements, such as better family life, may be accompanied by costs including greater gender imbalances and health risks. The report analyses different working-time arrangements and their effects on work-life balance, including shift work, on-call work, compressed hours and hours-averaging schemes. Informal economy workers are more likely to have long or short hours. More than one-third of all workers are regularly working more than 48 hours per week, while a fifth of the global workforce is working short (part-time) hours of less than 35 per week. The study, which is the first to focus on work-life balance, found that a substantial portion of the global workforce are working either long or short hours when compared to a standard eight-hour day/40 hour working week. It includes a range of new statistics covering hours of work, both before and during the COVID-19 crisis. The report, Working Time and Work-Life Balance Around the World, looks at the two main aspects of working time working hours and working time arrangements (also called work schedules) and the effects of both on business performance and workers' work-life balance. © Morsa ImagesGENEVA (ILO News) – Reduced working hours and more flexible working time arrangements, such as those used during the COVID-19 crisis, can benefit economies, enterprises and workers, and lay the ground for a better and more healthy work-life balance, according to a new ILO report.









3 types of flexible expenses