Flexible Work Hours and Productivity: Some Evidence from the Pharmaceutical Industry
Flexible work hours potentially influence productivity through effects on absenteeism and turnover, organizational attachment, job attitudes, work‐related stress, and other areas. Prior studies suggest positive effects on productivity but are inconclusive because of small sample sizes, failure to ap...
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Published in | Industrial relations (Berkeley) Vol. 35; no. 1; pp. 123 - 139 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Oxford, UK
Blackwell Publishing Ltd
01.01.1996
Wiley Subscription Services, Inc |
Subjects | |
Online Access | Get full text |
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Abstract | Flexible work hours potentially influence productivity through effects on absenteeism and turnover, organizational attachment, job attitudes, work‐related stress, and other areas. Prior studies suggest positive effects on productivity but are inconclusive because of small sample sizes, failure to apply direct productivity measures, or failure to account for other associated changes. We apply alternative fixed‐ and random‐effects models to estimate production functions using panel data, with controls included for firm effects, time effects, capital quality, autocorrelation, and specification error. The results suggest that flexible work schedules contribute to improvements of about 10 percent in productivity. |
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AbstractList | Flexible work hours potentially influence productivity through effects on absenteeism and turnover, organizational attachment, job attitudes, work‐related stress, and other areas. Prior studies suggest positive effects on productivity but are inconclusive because of small sample sizes, failure to apply direct productivity measures, or failure to account for other associated changes. We apply alternative fixed‐ and random‐effects models to estimate production functions using panel data, with controls included for firm effects, time effects, capital quality, autocorrelation, and specification error. The results suggest that flexible work schedules contribute to improvements of about 10 percent in productivity. Flexible work hours potentially influence productivity through effects on absenteeism & turnover, organizational attachment, job attitudes, work-related stress, & other areas. Prior research suggests positive effects on productivity, but are inconclusive because of small sample sizes, failure to apply direct productivity measures, or failure to account for other associated changes. Here, alternative fixed- & random-effects models are used to estimate production functions using panel data on 36 US pharmaceutical companies, 1981-1991, with controls included for firm effects, time effects, capital quality, autocorrelation, & specification error. The results suggest that flexible work schedules contribute to improvements of about 10% in productivity. 2 Tables, 27 References. Adapted from the source document. Flexible work hours potentially influence productivity through effects on absenteeism and turnover, organizational attachment, job attitudes, work-related stress, and other areas. Prior studies suggest positive effects on productivity but are inconclusive because of small sample sizes, failure to apply direct productivity measures, or failure to account for other associated changes. Alternative fixed- and random-effects models are applied to estimate production functions using panel data, with controls included for firm effects, time effects, capital quality, autocorrelation, and specification error. The results suggest that flexible work schedules contribute to improvements of about 10% in productivity. |
Author | CLIFTON, THOMAS J. III, EDWARD M. SHEPARD KRUSE, DOUGLAS |
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Notes | ArticleID:IREL123 istex:EBDDED15C55F925AE7FB66BC63FC04239C3F2A5E ark:/67375/WNG-TZC0GKSZ-6 The authors' affiliations are, respectively, Economics Department, Le Moyne College; Industrial Relations and Human Resource Management Department, Le Moyne College; and School of Management and Labor Relations, Rutgers University. We would like to thank Jean Clifton and J. Adam O'Hara for providing outstanding research support for this project. We would also like to thank the human resource professionals at the pharmaceutical companies for taking valuable time to respond to our survey. Three anonymous referees for Industrial Relations provided excellent comments and suggestions that significantly improved this article. ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 ObjectType-Article-1 ObjectType-Feature-2 |
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SubjectTerms | Absenteeism Cooperation Economic models Employees Flexibility Flexible hours Hours of work Human resources Job satisfaction Labor Productivity Manufacturing Manufacturing Industries Pharmaceutical industry Production functions Productivity Response rates Studies Work organization Workers Working Hours |
Title | Flexible Work Hours and Productivity: Some Evidence from the Pharmaceutical Industry |
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