A study by Employee Benefit News estimates that it costs 33% of an employee’s salary to replace them. Reduces hiring expenses: The cost of training new hires and adjusting staffing levels after a large turnover can be high.Staying at a job long-term allows your team members to gain substantial experience in their field, helping them further their career goals within the company. Reduced turnover: Teams whose employers support work-life balance are more likely to want to remain with that company in the long run.General wellness and low stress levels have significant lifelong health and longevity benefits.īenefits of Work-Life Balance for Employers Better health and well-being: When employees are able to balance work and life responsibilities, they tend to feel happier, healthier, and more fulfilled.
They’re also more committed to their jobs, which drives greater performance in the workplace and increases their chance of getting promoted. Greater commitment to work: Team members who are supported in their efforts to achieve work-life balance are more likely to meet goals.When employees are focused on projects and not the stress of work, they can better refine their skills, work more efficiently, and network more effectively. Improved engagement: Engaged employees feel more satisfied with their overall work experience.Employees who nurture a healthy work-life balance have enough mental and emotional capacity to enjoy both their job and private lives. Increased job satisfaction: When companies support work-life balance, employees are less likely to experience burnout and other problems that can impact performance and productivity.Benefits of Work-Life Balance for Employees In fact, more than 50% of employees say that they are experiencing the effects of burnout while working from home.īy allowing flexible working hours, remote working options, and telecommuting, employers can support work-life balance, thus increasing productivity and decreasing costs.
When work-life balance is out of sync, employees have a harder time achieving goals which may lead to feelings of being overwhelmed and burnout. According to a recent survey, 60% of Americans report having an unhealthy work-life balance.
#Work life balance companies professional
This new reality has made it difficult for teams to separate their professional and personal lives, causing unnecessary stress and anxiety. Technology has made it possible to work from anywhere, blurring the lines between the workplace and home. The modern workplace is no longer restricted to a physical location. Why Companies Should Support Work-Life Balance
In this article, we’ll explore what employers can do to better support their employees’ work-life balance and help them maintain a healthy lifestyle. A lack of flexibility may also result in various negative consequences, including stress, lack of motivation, loss of productivity, and health issues.
Juggling it all can be challenging because the pressures of life often pull employees too far in one direction or another. Family, friends, education, spirituality, personal growth, and other private pursuits typically fall into this category. Work-life balance is a concept that supports the efforts of employees to split their time and energy between work and the other essential aspects of their lives.
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