One component of the company regulations on working hours at Fraport is the long-term time account. Even the long-term time account contributes to rendering working hours more flexible, as it extends their design within one’s personal life planning. Employees and workers who decide in favor of this account are given the opportunity to save a certain volume of hours long-term. This can be used in many ways, for example, to work part-time at full pay for a limited time. The same applies to a longer break in their working life in the form of paid leave. Prior to retirement it can also be used to gradually decrease working hours. With a corresponding volume of hours saved, one can even reduce the period of one’s working life as such.
Employees and workers of Fraport, who are 55 years old, can also make use of part-time retirement, in certain instances. In the part-time retirement block model, after several years of working full-time, a period of leisure time follows, which lasts until retirement. Employees and workers who are 55 years old can also commence part-time retirement in line with the regular part-time model. Part-time retirement thus creates a smooth transition from an active working life to old-age pension, opening up additional scope at old age.
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