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It's no secret that offering flextime and job-sharing arrangements can help your company retain valued employees and develop a more committed work force. But alternative schedules work best when the expectations of both employer and employee are spelled out in writing before they begin.

What to include in such an agreement with employees?

Compensation and benefits. If you are planning to offer job sharing for the first time, consider how employees will be compensated. In most job-sharing arrangements, pay and benefits are prorated based on each person's work hours. Decide how existing policies regarding part-time employment will apply to the positions being created. Also, carefully document how much vacation, paid holidays and sick time each person is allotted.

State and federal anti-discrimination laws apply to employees regardless of their number of hours worked. Thus, it's important to make sure employees wo...(register to read more)

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