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    nualised figure as being the most important one and how that is achieved on a weekly or monthly basis is mutually agreed between employer and employee with the confines of legi
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    Most businesses have lulls and peaks throughout their financial year. We have all been in the situation where some weeks we have too many staff for the workload in hand and other weeks where we could do with army of people to help out. One of the possible solutions is a system we introduced more than 6 years ago called ‘Annualised Hours’.

    Since that time our electronics business in Bedford, UK employing about 80 staff has enjoyed many positive benefits.

    The way it works is simple. Each person works a set number of hours on an annual basis. In most businesses this translates to a set number of hours per week or month. Where the annualised hours system differs is that it looks at the annualised figure as being the most important one and how that is achieved on a weekly or monthly basis is mutually agreed between employer and employee with the confines of legis

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    er weeks where we could do with army of people to help out. One of the possible solutions is a system we introduced more than 6 years ago called ‘Annualised Hours’.

    Since that time our electronics business in Bedford, UK employing about 80 staff has enjoyed many positive benefits.

    The way it works is simple. Each person works a set number of hours on an annual basis. In most businesses this translates to a set number of hours per week or month. Where the annualised hours system differs is that it looks at the annualised figure as being the most important one and how that is achieved on a weekly or monthly basis is mutually agreed between employer and employee with the confines of legi

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    that time our electronics business in Bedford, UK employing about 80 staff has enjoyed many positive benefits.

    The way it works is simple. Each person works a set number of hours on an annual basis. In most businesses this translates to a set number of hours per week or month. Where the annualised hours system differs is that it looks at the annualised figure as being the most important one and how that is achieved on a weekly or monthly basis is mutually agreed between employer and employee with the confines of legi

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    of hours on an annual basis. In most businesses this translates to a set number of hours per week or month. Where the annualised hours system differs is that it looks at the annualised figure as being the most important one and how that is achieved on a weekly or monthly basis is mutually agreed between employer and employee with the confines of legi
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    nualised figure as being the most important one and how that is achieved on a weekly or monthly basis is mutually agreed between employer and employee with the confines of legislation.

    In our case rather than work at set week of say 37 hours the annualised hour systems balances the weekly or monthly hours to reflect actual work load. For example, in some weeks our staff will work 32 hours but be paid for 37 hours and in others they will work in excess of 40 hours but still receive the basic 37 hours rate.

    In return for this increased flexibility the staff involved get an annualised hours payment which and also a share of the companies profits. The process being – work smarter – more profits – more profit share.

    This ‘leveling’ effect has been a major contributor to our outstanding quality and delivery record. The system works because trained staff wh

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