Job-sharing
In a job share arrangement, two people share one job,
splitting the salary and benefits according to a pre-arranged
formula. This arrangement allows employees to devote more
time to their personal lives while continuing with their
careers. Morale is much higher, less time is missed because
of family needs, and employers have built-in vacation
coverage.
There is more administration with job-sharing. For job
sharing to be successful, both individuals need to be
very organized; there should be a clear written agreement
of what the arrangement will be; and the two individuals
need to communicate well. Job sharing agreements are typical
for limited periods, which may be renewed. Often one employee
is the official "holder" of the job, who has
first rights to the job on a full-time basis at the end
of the arrangement.