"Summer Fridays" are days that organizations offer employees the flexibility to leave early or take the entire day off. Organizations that offer this type of perk may have a competitive advantage when trying to retain their top talent.
"Of course work is important, but so is a manageable work-life balance,"
Based on data from
In addition to this employee confidence trend, low unemployment rates in the U.S. have created incentives for employers to do everything they possibly can to create a place to work that is as attractive as possible.
There are companies that continue to be concerned that offering a summer schedule comes at a cost to productivity. "However, most companies have told us that with this benefit in place, they've found employees work harder earlier in the week because they know they have to complete their work before Friday," said Mr. Kropp.
For some industries, a
"If this is the case for your organization, you need to create a corresponding benefit, like a summer bonus, for your employees," Mr. Kropp said. "The idea is that even if a summer schedule isn't operationally possible for them, at least employees feel they are getting some type of summer reward as well, which will help keep them engaged."
The findings are based on a poll conducted in the second quarter of 2018
of more than 144 HR leaders in
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