Chances are you are spending time on this site because you are looking for some other way to “do” work. You would not be alone. According to a survey conducted in 2016, 63 percent of workers say that the good ol’ 8-hour workday will eventually be a thing of the past.
So if the traditional way we think about work is soon to be obsolete, what other options are there?
Here are seven alternative work arrangements to consider in your career journey.
Telecommuting is a work arrangement where the employee works from home or some other location other than the office. Depending on the employer, this can be a permanent option, or, for a certain number of days per week. The employee connects with the office by remote connections via the Internet and telephone (which is where the phrase “working remotely” comes from). This is a very popular option. In fact, 80-90 percent of working Americans have expressed that they’d like a remote work arrangement with their employer for at least part of their work week.
2. Job Sharing
Job Sharing is an arrangement where two part-time workers share the hours and workload for what would typically be one, full-time position. This work arrangement is fairly rare. According to a study done by the Society of Human Resource Management, only 8 percent of companies polled said they had formal job sharing programs. This option requires organization and communication because the two parties need to pick up where the other has left off as seamlessly as possible in order to stay productive.
A flextime arrangement is when the employer allows the employee to set his or her own hours. So, instead of the regular 9 AM – 5 PM, five days a week schedule, an employee can have the flexibility to start work later, work longer days one day and a shorter day the next, etc. As long as the work gets done or the minimum number of hours per week is met, the employee is given the flexibility to dictate his or her own schedule.
4. Compressed Work Schedule
A compressed work schedule is very similar to flextime. In this arrangement, if the role requires that the employee work 40 hours a week, they can meet this with four, 10-hour workdays, or three, 13-hour workdays, etc. This option gives workers a way to have more time with their families, pursue other interests, take classes, or simply travel over their “long weekends” each week.
Another work arrangement that people often take advantage of is moonlighting, which means the employee takes on a second job in addition to their main job. People take on a “side-hustle” for several reasons. Some are financial; they just need the additional income. Some people pursue a second role because they are trying to transition to a different job but cannot do so until they are more well-established and able to replace the income they earn from their primary job. Whatever the reason, many people have moonlighted at one point or another in their lifetimes.
6. Temporary Work
Temporary work is when the employer hires an employee to fill a role for a specific, temporary period of time. In some instances, these are opportunities that can transition into full-time employment (a test-run of sorts). Seasonal opportunities (like retailers who staff up for just the Christmas season) often fall into these categories, too.
7. Freelance Work
Freelance work is a work arrangement where individuals are paid by selling their work or services by the hour, day, or project. This is very common for writers, designers, performers, photographers, and a wide variety of entrepreneurs in a myriad of fields. In fact, more than 50 percent of the people who hold down a more “traditional” job arrangement plan to try entrepreneurship or freelancing within the next five years.
While all these work arrangements offer different advantages to employees, research has shown that today’s employees are expecting some flexibility from their employers. And employers realize that the more options they provide, the more employees tend to stay with the organization. The reasons for this make sense. Employees want more time with their families, a way to travel, and the flexibility to pursue other interests or passions in ADDITION to their careers. And with an alternative work arrangement, they can attempt to have it all!
Is there an alternative work arrangement that isn’t on this list? What benefits or opportunities did it offer you? Does your employer offer all, some, or none of these alternative work arrangements?