Saturday, June 7, 2008

The Price of Gas

As gas prices continue to rise, workplace flexiblity becomes an even more attractive perk for employees. With prices projected to hit $5 a gallon this summer, someone with a 20 minute commute could be spending roughly $2500 per year on gas to travel to work.

Companies can help employees save on gas by offering some flexibilty. Shift to four, ten hour days and you eliminate a day of commuting each week, saving $500. Work from home two days a week and you could save $1000.

One HR Manager I spoke with earlier this week said her company felt they needed to give employees flexibility to save on gas costs. Otherwise, a majority of the employee's annual pay increase would just go to gas money.

So in addition to creating better work/life harmony, you can sell your flexible work arrangement as a socially responsible thing to do for your company.