4 Best Ways to Promote Work-life Balance [Complete Guide]
Work-life balance has been a hot topic amongst corporations because more and more people have been seeking work-life balance. A lot of companies have been acknowledging the importance and value of work-life balance but putting it into practice is a different story.
A major factor for this need of work-life balance are the Millennials. According to Inc., work-life balance is crucial for the Millennials because of these 4 reasons:
- For Millennials, it defines success.
- They are always online.
- They are moving up.
- Millennials are dual income.
Moreover, this need of the Millennials can’t be ignored as Millennials now make up 50% of the total global workforce. By 2025, the global workforce will be comprised of 75% millennials. This is according to the Pew Research Center.
Business also includes the war for people and you’ll be left out if your company doesn’t provide what most people seek in a job. Not adapting to the needs of people can make your organization irrelevant as your competitors and other companies practice having work-life balance.
Here are the 4 best ways to promote work-life balance in your business:
Allowing flexible work hours or work days enable your employees to have better work-life balance. There are different ways on how you can establish the practice of “flextime”. Here are some to give you an idea:
- Weekly hour requirement – this is giving your employees a weekly hour requirement but it can be up to them how and when they choose to accomplish it. For example, an employee can have a weekly hour requirement of 40.
He could then choose to work for 10 hours on Monday, 4 on Tuesday, 10 again on Wednesday, 6 on Thursday and 10 again on Friday. What matters is that the employee accomplishes the weekly hour requirement.
- Weekly workload requirement – you can also not give a weekly hour requirement but a weekly workload requirement instead.
By allowing your employees to have flexible work hours, they can still attend to important family events while being able to work at an efficient and effective manner. Here are statistics about having a flexible work schedule:
- 59% of employees said that having a flexible schedule matters most for them. – CareerBuilder
- 20% of their respondents said that they became more productive after they moved to a flexible schedule. – Independent.co.uk
- 73% of employees mentioned that flexible work arrangement increased their work satisfaction. – Zenefits
Welcome the Remote Workforce
The trending practice now of both large and small businesses is having a remote workforce. Working remote is self-explanatory, it’s allowing your workers to work remotely. There are a lot of benefits with allowing your employees to work remote.
To start, enabling a remote workforce lessens your overhead expenses. Moreover, working remote also boosts the productivity of workers. According to Flexjobs, 66% of professionals believe they would be more productive working remote than in a traditional workplace.
Here are more other benefits of remote work:
- Better work-life Balance
- Saves Time from Commuting
- Money Savings
- Positive Environmental Impact
- A Customizable Office
- Increased Productivity
- A Happier Work Life
Telecommuting is much like remote working. However, with telecommuting, workers are near the business. Telecommuting could mean that employees can still work on-site or never at all.
The goal of telecommuting is to make employees happier by encouraging work-life balance and to lower costs. With telecommuting, workers can still be asked to come into the office for meetings and in-person check-ins.
This allows telecommuters to feel that they are part of the company even though they may not be always present on-site.
Model Work-life Balance as a Leader
As an employer, encouraging work-life balance can be easier said than done. While work-life balance may be encouraged in the workplace, employees can still be coming in and leaving at an 8 to 5 routine.
Promoting work-life balance requires you to lead by example. Come in and leave at different times to show your employees that you value your time. Of course, this comes with accomplishing everything that’s needed to be done.
This way, they won’t feel guilty when they have other matters in their lives that they need to attend to. When you encourage a healthy work-life balance to your employees, it shows that you respect them and value them as people and not just see them for their job performance.
Practicing work-life balance has a myriad of benefits. It improves employee retention, satisfaction, happiness, engagement and much more. Offering these benefits also help you attract more candidates.
Having these along with other employee benefits such as retirement plans give you a competitive edge. A good retirement plan provider is Empower 401k. With whatever you do, don’t be left behind with applying these methods to promote work-life balance.
As what Hilary Clinton said, “don’t confuse having a career with having a life”. Practice having a healthy work-life balance.