Work and Life: how to achieve this balance in your company.
It isn’t news that more and more employees consider a work life balance a top priority when job searching, and if it is then keep reading!
In a 2022 study by Aviva, the UK’s largest insurance, wealth, and retirement business, it was found that a significant 41% of workers are attracted to their current roles due to work-life balance, surpassing the appeal of salary at 36%. This shift indicates a growing trend where people seek roles with flexibility, and in today's competitive job market, companies must adapt to accommodate this demand.
Maintaining a healthy work-life balance not only leads to happier employees but also results in higher productivity, increased employee engagement, and reduced burnout and turnover rates. When employees have the time to enjoy their personal lives and attend to necessary tasks, they bring higher quality and enthusiasm to their work. Reduced stress levels contribute to improved cognitive function, fostering an active and engaged workforce. Also, employees who find a balance are likely to stay longer with the company, minimizing the costly process of onboarding and training new staff.
Despite the evident benefits, more than 60% of employees feel their work-life is unbalanced. How can you as a company leader foster this balance?
Lead by Example:
Demonstrate the importance of work-life balance by practicing it yourself.
Take lunch, leave early for personal commitments, and go on vacation without answering email.
Offer Flexibility:
Empower employees to make decisions about when and how they work.
Allow for alternative work arrangements if it aligns with their productivity.
Company Culture Awareness:
Stay attuned to your company's culture and its impact on employees.
Promote aspects that positively influence the workforce.
Create a Safe Environment:
Foster a workplace where employees feel comfortable expressing their thoughts.
Minimize office gossip and drama by promoting open communication.
Listen and take action when your employees feel like a line has been crossed.
Educate on Benefits:
Remind employees about available benefits, how to set them up and how to manage them.
Encourage the use of time-off, health savings accounts, and gym memberships, demonstrating real care for their well-being.
If stress and burn-out becomes prevalent, consider seeking coaching for both you and your employees on adjusting work-life balance and fostering a supportive workplace culture. Prioritizing work-life balance not only benefits individual well-being but contributes to a more vibrant and successful work environment.