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Overview

Definition of Work Life Balance


Benefits of work life balance
How work life imbalance affects HRM?
Importance of Managing People
Adopting work life balance in organizations
Implications for HR managers
What Is Work Life Balance?
“Work life balance is an
individual’s ability to
fulfill their work and
lifestyle responsibilities
with minimal conflict
and maximum
contentment”
-work foundation-
Work life triangle
Work

Relationships Self-care
Work stress
Benefits of work life balance
•Reduction of stress in the environment

•Low absenteeism rates

•Work is completed accordingly and on time

•Fully focused staff

•Increase in final productivity


How Work Life Imbalance of
Employees Affects HRM?

• High labour Turnover


• High absenteeism rates
• Cost of replacing skilled staff
• Decrease in productivity and quality
Work Life Balance
Programs
•Flexibility
•Telecommuting
•Child Care
•Adult Care
•Job Sharing
•Work hours
•Vacation
•Paternity Leave
•Employee assistance programs
•In house store/services
•Gym subsidies
•Concierge services
Work Life Balance
Programs
 Flexibility

• Flexibility is one of the best ways to be equally


happy and engaged both at work and at home

 Telecommuting

• Allow employer in white collar jobs to work


from home
• Allow employees to spend less time
commuting
Work Life Balance
Programs
 Paternity Leave

• Leave given to fathers


• To standardize the rights of employees to
have family leaves

 Work Hours

• Number of hours an employee is expected to


work per week
• Few companies expect extra hours without
compensation and some pay
Work Life Balance
Programs
 Child Care
• Dual income house holds
• In house child care facilities
• After school programs
• Subsidized child care
• Referral services

 Vacation
• Companies have different norms for vacation
• Seniority receive more vacations
Importance Of Managing
People

Four Generations of managing People

The Generations
• Matures – born prior to 1946
• Baby Boomers – born between
1946 and 1964
• Generation X’ers – born
between 1965 and 1980
• New Millennials “Y”– born
after 1980
The Generations
 The Matures or Traditionalists –
In general terms the Traditionalists are
dedicated to a job once they take it
 The Baby Boomers –
The Boomers live to work
 Generation X –
Generation X work to live
 Millennials or Generation Y -
Generation Y live in the moment

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