Work-Life Balance Policies for Employees and Employers

Topics: Employment, Termination of employment, Layoff Pages: 3 (1016 words) Published: November 19, 2013
From the e-Activity, determine whether or not these types of benefits would motivate you as an employee for a long-term commitment. Long-term employees are loyal to the company, but you must work to keep them as such. Motivate them by providing competitive health insurance and retirement plan packages. If possible, promote from within rather than hiring a newcomer. Offer paid benefit time, such as personal, sick and vacation days, and annual raises and bonuses. Show your generosity by offering small perks weekly, such as free snacks or bagels. If employees are leaving, find out why by conducting "stay interviews" with employees who are still there. Use the information to tighten your employee retention techniques. Have an open door policy so employees feel comfortable approaching management with work-related problems. Treat all employees with fairness and respect From the e-Activity, determine whether or not these benefits could create more of a balance between family and work. Provide at least two examples to support your reasoning. Moreover, they are more likely to recognize the efforts companies are making to help them balance work and family responsibilities. In addition, satisfaction with health and pension benefits and having an understanding supervisor also have positive and significant effects. Workers that work in a high commitment environment recognize that the organizational climate provides them the opportunity to better balance work and family. The benefits of work-life balance policies are not restricted to the employees using the policies, but also to the employer providing them.

Recognised benefits for introducing work-life balance policies for employers include:

•reduced staff turnover rates
•lower recruitment and training costs, associated with reduced turnover •becoming a good employer or an employer of choice
•increased return on investment in training as employees stay longer •reduced absenteeism
•reduced use of sick leave...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • work life balance Essay
  • Work-Life Balance Essay
  • Work Life Balance Essay
  • Essay about work life balance
  • Work Life Balance Essay
  • Work Life Balance Essay
  • Non-Monetary Compensation in the Workplace: Employers Helping to Create a Work-Life Balance Essay
  • Work Life Balance Essay

Become a StudyMode Member

Sign Up - It's Free