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Time On Their Side

You need good employees. They need increased flexibility. Here's how the twain shall meet.

This story appears in the July 1999 issue of Entrepreneur. Subscribe »

Is the 9-to-5 workday, once the centerpiece of U.S. business, taking its last breath? A stunning 55 percent of companies recently surveyed by the Society for Human Resources Management say they offer flexible work scheduling, or flextime, to their workers.

The trend is clear. In May 1991, according to the U.S. Bureau of Labor Statistics, just 15.1 percent of the nation's workers had a flextime option; by May 1997, that figure had risen to 27.1 percent. Not surprisingly, workers are cheering this increasing implementation of flextime. "Employees are clearly saying they want more flexibility in how they manage their work hours," says Fred Foulkes, director of the Human Resources Policy Institute at Boston University's School of Management.

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