In a recent survey, nearly a third of HR professionals said they know at least one employee who quit in the past year because the high price of gas made the commute too expensive.
Rather than watch those employees jump ship for jobs closer to home, some employers are actively addressing the driving dilemma—and revving up their retention programs.
Here are eight real-life trends around the country:
1. The year of the four-day workweek. Historians may look back at 2008 as the year the five-day workweek died.
A recent Society for Human Resource (SHRM) survey found that a quarter of employers nationally were offering some sort of four-day-week benefit for employees to offset higher energy prices.
Example: On Aug. 4, Utah becomes the first state to switch to four-day weeks for most of its state workers. The trend is more common among city and county governments, and it’s growing quickly among private em...(register to read more)
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- 10 Secrets to an Effective Performance Review
- Small Business Tax Deduction Strategies
- Provide training when promoting into management ranks
- Turn to Last-Chance Agreements for Legal Leverage
- S Corp owners can't dodge employment taxes
- New tax break encourages subsidized bicycle commuting