The owners of Kerbey Lane Doll Shoppe and Business Access, a retail doll store and technology company respectively, have found the secret to getting "the cream of the crop" and surviving amidst economic turmoil: grant flexibility.
The two Texas small business owners detail several policies, from adjusting start and finish times to allowing reduction in hours (with pro rata reduction in benefits while the rate stays the same), to keep their best employees. Why do they do this? Is it some feel-good initiative? For good press? No. Because it makes business sense.
A few key tidbits:
-These business owners provide paid sick leave so that their sick employees stay home and don't infect the rest of the office, potentially bringing down an entire organization. We're headed into cold and flu season people, keep those germs at home!
-Allow telecommuting, it's a free way to reduce office space expenses and gives back to employees precious time otherwise spent on the road.
-Best summary: "It's inconvenient to have someone out on leave. But it's plain disruptive and plain expensive to lose someone permanently."