Manufacturer takes yearly view to cut overtimeOn 12 Mar 2002 in Personnel Today Related posts:No related photos. Comments are closed. Previous Article Next Article GlaxoSmithKline Horlicks is to set staff hours on an annual basis instead ofweekly or monthly to cut overtime costs. Martin Swain, HR manager at GSK Horlicks, told Personnel Today that the firmdecided to change the way it measures staff hours to reduce unnecessaryovertime payments. He explained: “Employees will have yearly set hours so overtime willnot be paid until all the annual hours have been worked. Currently we arepaying overtime in January when we do not know the balance of labour resourcesfor the rest of the year. “It could save us a large sum in overtime and improve the availabilityof our workforce.” The manufacturer has also introduced work-life balance policies to allowstaff to work a compressed week and give line managers the power to managehours to encourage flexible working. Swain believes both schemes have helped the Slough-based company improve moraleand reduce sickness absence levels. “The compressed hours working has helped attract better staff. We havealso seen a decline in the number of ad hoc one-day absences,” he said.