Essays on Work-Life Balance Issues Coursework

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The paper 'Work-Life Balance Issues" is a good example of management coursework.   Over the past two decades, there has been a considerable increase in work. Globalization, competitive working environment and increase in technology are the main cause behind this situation. There have been complaining from employees the line between work and personal life has been distorted, creating stress and conflict in their personal life. Work/life balance can be defined as “ the acceptable intensity of participation in different roles of life while maintaining balance. ” It can also be defined as: “ The equilibrium between the amount of time and effort somebody devotes to work and that given to other aspects of life.

Work-life balance is the subject of widespread public debate on how to allow employees more control over their working arrangements in order to better accommodate other aspects of their lives, while still benefiting their organizations. ” (Bnet business dictionary) Nowadays “ work/family balance” term took the place of “ work/life balance” . This included families, different relationships, and social communities. The creation of globalization means that employees have to work around the clock, and they are not happy about it.

As performance culture is taking place of long-term loyalty, employer’ s expectations are increasing but on the other hand, they are providing less security in return. Now the awareness of how much the work-life balance is important to the organization, makes them promote this theory. Research by Kenexa Research Institute in 2007 shows that those employees who were more favorable toward their organization’ s efforts to support work-life balance also indicated a much lower intent to leave the organization, take greater pride in their organization, a willingness to recommend it as a place to work and higher overall job satisfaction.

A study shows that companies highly committed employees had a 112% return to shareholders over three years, compared to 90% for companies with average commitment, and 76% for companies with low commitment. (Watson Wyatt Worldwide 2000) Aspects of WLB: - A recent study explored and measured three aspects of work/life balance (Kerry Hewitson, p 3) 1. Time balance: the time given to work and personal life. 2. Involvement balance, the level of mental involvement and dedication in work and personal life. 3. Satisfaction balance, the level of contentment with work personal life. Maintaining work/life balance is not only help the employees but also have a major impact on the productivity of the organization.

Organizations that ask for extra hours from its employees have higher rates of absenteeism. It can also affect the revenue of the organization because the employees are unhappy, they do not work hard and leave the job. HRM Practices and Policies: - Competition and globalization in the market mean that the organizations have to work hard to retain talented staff and to attract newcomers. The flexible working environment will highlight that the organization will meet the changing opportunities in the market.

Freedom to manage responsibilities of work and home will result in high-quality staff retention and better performance. Work/life balance emerges as a strategic issue for HRM. Flexibility is needed by, both employer and employee. It can help the organization to cope with the stress in the organization. HRM practices can result in commitment and flexibility. HRM can response in a different way, like flexibility in the workplace, diversity, benefits etc. Kerry Hewitson in the case of work/life balance includes ranges of policies and practices of different organizational work/life balance initiatives:

References

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