Scenario 4.2
CanBank is a new financial institution with a workforce that values work-life balance. The CEO, Aren Ami, wants to experiment with different work schedules so as to address the needs of the employees. He is considering several options: a 4-day, 40-hour workweek; allowing employees to choose start and end times for the workday provided they work a certain number of hours per week; allowing two or more employees to perform a job normally done by one person; and allowing some employees to do work from home that is normally done in the office. The CEO knows that there are pros and cons of each option that he has to weigh.
-Refer to Scenario 4.2. What is the term for the option where employees work 4-day, 40-hour workweeks?
A) flextime
B) telecommuting
C) job sharing
D) compressed workweek

Question

Quizplus · Accepted Answer

The best choice for CanBank would be to implement a compressed workweek, where employees work four 10-hour days instead of a traditional 5-day workweek. This option provides extended time off for employees, which may increase their job satisfaction and motivation. Additionally, this schedule can result in cost savings for the company by reducing energy and utility expenses for the office. However, it is important to consider any potential negative effects on productivity or client/customer access before implementing this schedule.

Scenario 4.2 CanBank Is a New Financial Institution with a Workforce That