Compressed Working Week
A coworking week occurs when employees work their weekly scheduled hours in fewer days with longer working hours. For example, an employee who has a 40-hour workweek and works eight hours a day from Monday to Friday may instead work 10 hours a day from Monday to Thursday to gain an additional full day off.
A digital workplace is a professional ecosystem where an organization’s everyday operations, communications and tasks are stored in digital tools or cloud-based software. These tools enable collaboration, coordination and communication between all members of the organization. This also allows for a centralized space to store passwords, meeting notes, schedules, and corporate knowledge.
A term sometimes used to refer to a work team that does not do all its work from one centralized location.
A working arrangement that allows employees to choose their preferred working hours, as opposed to a strict working schedule. Flex time allows employees to schedule their work hours around their non-work-related responsibilities. For example, an employee may propose working hours of 7:00 AM to 3:00 PM to coordinate with their child’s school schedule instead of the company’s normal 9:00 AM to 5:00 PM hours.
An organization that hires employees from, or conducts its operations, across country borders may be considered a global employer. Global employers are often subject to various financial and regulatory obligations.
Hybrid Company/Hybrid Working Model
A hybrid company, or a company using a hybrid working model, is an organization that provides its employees with the flexibility to work some days at home and some days in person at the employer’s workplace.
A hybrid company may also refer to an organization that employs various types of employees, including full-time office-based workers, full-time remote workers, and workers who split their time between the office and their home.
A remote employee or worker doesn’t work from a central work location but instead works virtually from any other location (such as their own home).
Employers use remote hiring as a means to recruit, interview and onboard employees (often located away from the employer’s central location) for home-based or remote work positions. The process of remote hiring is often done through various videoconference software and project management tools which the employer has chosen to facilitate onboarding and training.
Remote Working / Working From Home (WFH)
Employees who work remotely or work from home can perform their jobs from the comfort and convenience of their own home (or other chosen location) instead of working at the employer’s workplace. Working from home is facilitated with the use of virtual tools and software. Employees may perform remote work on a partial or full-time basis.
A satellite office is an office location of a company or organization that is outside of the primary office or headquarters. A satellite office allows a business to operate out of, and provide services to, additional geographical areas.