Definition
A scheduling arrangement where employees can choose their hours, provided they arrive at 8am, attend 10am meetings, and stay until the work is done at 7pm.
Example Usage
We have flex time, which means I'm flexible about showing up early and staying late.
Origin
Emerged in 1970s-80s as alternative to strict 9-5 schedules.
Fun Fact
Companies offering flex time see 36% higher productivity and 35% lower turnover.
Source: Modern work arrangements terminology
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