Is job sharing worthwhile? A cost-benefit analysis in UK universities |
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Authors: | Geoff Harris |
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Institution: | (1) Department of Economics, University of New England, Armidale, NSW, 2351, Australia |
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Abstract: | Around 60 per cent of UK universities practice job sharing. This article is based on a survey of Personnel Directors in UK universities concerning their perceptions of job sharing. These responses were then used to carry out a cost benefit evaluation of job sharing from the universities' perspective. If productivity of workers in the shared job rose by as little as 0.35 per cent – one third of one per cent – the estimated increase in Personnel Section costs would be covered. If there was a 5 per cent increase in productivity, the ratio of benefits to costs would be 14.3 to 1. Universities also save as a result of greater retention of staff, and there are also important benefits to society, particularly less overall stress and reduced unemployment levels. |
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