Work Life Balance...
Work Life Balance - Do u know that the flexibility to balance life and work issues is rated as the 3rd most important aspect of job satisfaction by employees, just behind benefits and compensation/pay? Yes, it's the fact (recent studies in SHRM, 2007).
Recent studies from the Family and Work Institute showed work/life balance programs created “higher levels of job satisfaction; more commitment to their companies' success; greater loyalty to their companies; and more intentions to remain with their companies (SHRM, 2007).” On the other hand organizations that did not have such programs employees experienced “more stress; less coping; worse moods; and less energy off the job—all of which jeopardize their personal and family well being (SHRM, 2007).”
This study also found that when employees' personal and family well-being is compromised by work, employees experience more negative spillover from home to work, which diminishes job performance. Further more, 75 percent or employees are actively trying to improve the balance between work and other elements of their lives (SHRM 2007). Not only are these work/life balance programs in favor of employees, but offering work/life benefits and demonstrating that you have developed strategies to help employees balance work and life are ways to gain a competitive advantage in hiring and retaining employees.
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