work life balance

12
By, Kiran B Kavya S Ranjini R Suresh A M lancing Work|Life What? Why?? & How???

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Page 1: Work life balance

By, Kiran B Kavya S Ranjini R Suresh A M Somanna P C

Balancing

Work|Life What? Why?? & How???

Page 2: Work life balance

Does this Sound Familiar?

“There just aren’t enough hours in the day. I

hold down a full-time job. I h

elp care for my

grandchildren and my parents, who need

more help every year. Time for “me” is

pretty hard to come by.”

Retail department store manager, C

algary

“They downsized the staff but they

never downsized the work. I’m doing

work that two people used to do.”

Computer programmer, Edmonton

Page 3: Work life balance

Employers say...

“Juggling competing demands is tiring if not stressful and brings

lower productivity, sickness, and absenteeism, so work/life

balance is an issue for all employees and all organizations.”

“Successful business

leaders do more than just

balance the books—they

also help their employees

to balance work-life issues.”

Page 4: Work life balance

“You can have it all. You just can’t have it

all at once”-Oprah Winfrey

What?

A state of equilibrium in

which the demands of both

a person’s job and

personal life are equal.

Page 5: Work life balance

Factors Contributing...

Three major factors contribute to the interest in, and the

importance of, serious consideration of work/life balance:

1) Global competition

2) Renewed interest in

personal lives/family

values

3) An aging workforce.

Page 6: Work life balance

Terms Used Regarding Work|Life Balance

• Work/family

• Work/life initiatives

• Work/family culture

• Work/family conflict• Work/life balance from the

employee viewpoint

• Family-friendly benefits

• Work/life programs• Work/life balance from the

employer viewpoint

Page 7: Work life balance

Perception towards WLB

Page 8: Work life balance

Misperceptions

1. It’s a private issue.

2. It’s a parenting issue

3. It’s a women’s issue

4. It’s a stage in life

5. It’s “fifty-fifty”

6. Work and life are separate domains.

7. Technology will help.

8. Little can be done

Page 9: Work life balance

What’s in it for Employers?

• Increased absenteeism

• Increased employee turnover

• Reduced productivity

• Increased disability costs

• Increased health costs

• Reduced job satisfaction

• Increased managerial stress

• Impaired family/social

relationships.

Page 10: Work life balance

Workable Options

• Job redesign• Job sharing• Job rotation

• Leaves• Dependent care• Employee assistance

programs• Wellness programs

• Telecommuting• Alternative work schedules

• Compressed workweek• Voluntary part-time

reduced hours• Phased-in retirement Flex

the Time

Flex the

Place

Flex the Job

Flex the

Benefits

Page 11: Work life balance

Build-Your-Own Balance Plan

Step 5 - Work it out: Lead by example

Manager buy-in: Paths to enlightenment

Step 4 - Spell it out: CommunicationEmployee proposals

Step 3 - Try it out: ImplementationMeasuring return on investment

Step 2 - Figure it out: Plan the right mix1. A Custom fit 2. A culture fit 3. Policy guidelines

Step 1- Check it out: Needs assessment1. Questions you need to ask 2. How to find the answers

Page 12: Work life balance

Don't confuse having a career with having a life.