The A to Z of work-life balance policies
As per a study, 76% of executives earning over Rs 15,000 monthly don't have a good work-life balance. How is this balance possible? Read to know...
Work-life balance is a person’s control over the responsibilities between their workplace, family, friends and self. A successful work-life balance strategy reduces stress levels and raises job satisfaction in the employee while increasing productivity and healthcare costs for the employer.
According to a survey, 76 per cent of executives earning over Rs 15,000 monthly do not have a good work-life balance, 89 per cent think they will be more productive if they have one and 91 per cent think it should be the company’s responsibility to promote a balance.
Here are a few tips on what policies can make this possible:
Contractual working hours, allowing flexible working patterns.
Support like a trained mentor, who helps staff achieve business and personal goals.
Career breaks, sabbaticals.
Allowing employees to move from high-pressure roles to less demanding ones.
Childcare financial assistance and/or an on-site crèche.
Concierge services, health club
Contractual full-time hours over four longer days instead of five.
Compelling senior executives to take a holiday.
Job share/part-time working.
Paid paternity leave.
Allowing employees to relocate to any branch.
Allowing employees to manage their working pattern.
Allowing employees to work from home.
Flexible benefits so staff can choose those that suit their age, lifestyle.