Work life balance is an integral part of an organisational culture and has a direct impact on talent management, recruitment, productivity and development and business performance additionally, poor life balance has a negative impact not only on employees but on your organisational productivity as well. Work-life balance and flexible work initiatives must be supported and regularly reviewed as previously mentioned, top-level commitment to well-being at work is a prerequisite to successful flexible working initiatives, but even this by itself is insufficient. According to an earlier survey on work-life balance policies implemented in companies (conducted by the iw köln in 2003), 293% of firms relied upon collective agreements for their work-life balance policies a further 124% of the responding enterprises stipulated such measures in works agreements.
Work related stress already costs britain 104 million working days per year the human costs of unmanaged work-related stress extends far beyond this a key way to protect your mental health against the potential detrimental effects of work related stress is to ensure you have a healthy work-life balance. The origin of work-life balance practices spans from work-life conflict experienced by employee work life conflict is the inter-role conflict that results when one’s roles as an. Work life balance what are the benefits and barriers associated with the achievement of a work – life balance for employees and employers this essay explores the importance of the achievement of a work-life balance and the issues which can be faced when initiatives to achieve such a balance are implemented.
Get free research paper on work-life balance and its effect on employee productivity (merchant bank) project topics and materials in nigeria this is approved for students in accountancy, business, computer science, economics, engineering, arts. In the end, your health, your family, and your career all become victims of this lack of balance symptoms of work life in-balance 1 exhaustion when you work long hours on a frequent basis and fail to establish boundaries between your work and home life, you end up suffering from physical and mental exhaustion. An in-balance is basically a lack of clearly defined and consistently enforced boundaries between your work life and your personal life when you fail to have a healthy work life balance, you end up experiencing emotional stress, anxiety , and even depression. On 10 november, the cologne institute for economic research (institut der deutschen wirtschaft köln, iw köln) reported  the main findings of its study on best practices of work-life balance policies in collective and works agreements the survey was conducted on behalf of the federal ministry of family affairs (bundesministerium für familie, senioren, frauen und jugend, bmfsj.
Work–life balance is the term used to describe the balance that an individual needs between time allocated for work and other aspects of life.
Implications of work–life balance individuals experiencing greater work–life balance have better health and wellness, greater organizational commitment, greater job satisfaction, better goal achievement, and family happiness at the family level, work-life balance promotes greater marital and family stability, family cohesion, and marital and family happiness.
Work-life balance policies should provide work arrangements keeping in mind the changing family demographics and life style of the employees and at the same time ,taking the business to new heights. Companies can help facilitate work-life balance for their employees by creating work-life centered programs and opportunities through: special arrangements : establish flexible time periods where employees can work extra hours during the week to receive a day off every other week, or a half day every week.
Job satisfaction becomes a considerable issue as the remaining workers fall further and further behind in their ability to foster work-life balance the university of warwick notes a 40-year downward trend of job dissatisfaction in american workers, a reality that continues to compromise efforts toward achieving work and life harmony.