Employees across the country are finding their budgets stretched by rising gas prices, and that means employers are feeling pressured by the pump too. Companies are struggling to find ways to help workers deal with high prices without raising pay.
One of the most popular ways employers are dealing with high gas prices and increasingly frustrated workforces is to implement a compressed workweek.
Pain at the pump
Individually, drivers can lower their gas costs by taking fewer discretionary trips in their cars. But they still need to get to work every day, and that means $4-or-more-per-gallon gas—a real hardship for many employees.
The problem is especially acute in Indiana, where the average round-trip commute to work is 45 minutes.
Implementing a compressed workweek—scheduling four 10-hour days instead of the usual five eight-hour days—is one way employers can help ease the pain employees feel when they fill...(register to read more)