StataCorp announced it will move to a flexible work schedule designed to promote better work-life balance for its employees. Founded in 1983 with headquarters in College Station, TX, StataCorp produces the statistics and data science software Stata.
“Our employees produce and support a fantastic software package. We are proud of them and want to make sure they can play as hard as they work.”
StataCorp is redefining its full-time workweek for all employees, reducing the standard 40 hours to 32. Employees will either work shorter days or have an extra full day off each week, all without a decrease in pay or benefits. StataCorp President Alan Riley explained, “Our employees produce and support a fantastic software package. We are proud of them and want to make sure they can play as hard as they work.”
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StataCorp’s goal with its new flexible schedule is to allow staff more personal time with their families and friends and for their hobbies. It is confident that a better work-life balance will increase both employee satisfaction and productivity.
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While employees will enjoy a shorter workweek, StataCorp customers and software users will not experience a decrease in service, responsiveness, or production from the company, which has adjusted its workflow to accommodate its users worldwide.
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