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Small Employers Offer More Flexibility; Large Employers Offer More Benefits
NEW YORK, (PRNewswire, October 16, 2005 - Today's employees may have access to very different workplace supports depending on whether they work for small or large organizations, according to a new study from Families and Work Institute.
The 2005 National Study of Employers reveals that small businesses are helping to drive changes in the structure of work, offering employees more opportunities for workplace flexibility, while large organizations are providing more benefits that have direct costs.
The 2005 study also finds that small, mid-sized and large employers have mostly maintained or increased the overall work life assistance they provide to employees, with cutbacks primarily requiring employees to pay a larger share of disability, health care or retirement benefit costs.
"We are seeing a workplace in transition, shifting from models that served the needs of the 20th century to those that serve the needs of the 21st century -- and most of these changes that make work 'work' for employers and employees appear to be here to stay," said Ellen Galinsky, president of Families and Work Institute.
Other key findings include:
- Supporting employees and their families is NOT the main reason why
employers offer work life initiatives. Of the 92% of employers that
offered at least eight work life initiatives, many reported they
provide them
* to recruit and retain employees (47%); and
* to enhance productivity and commitment (25%).
- Most work life initiatives offered by employers are being maintained
and some expanded, though a few benefits that have direct costs have
been cut back.
- Small companies lead the way in providing one of the most valued
benefits: working flexibly.
- Cost is seen as the obstacle to providing more work life assistance.
- A no- or low-cost initiative that is used in organizations of all sizes
is flexibility. The movement toward a more flexible workplace, however,
is still in transition.
The 2005 National Study of Employers was conducted by Families and Work Institute as a part of the "When Work Works" project, and is funded by the Alfred P. Sloan Foundation.
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