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WORK-LIFE BALANCE/STRATEGIES (Importance of Work-Life Balance (More…
WORK-LIFE BALANCE/STRATEGIES
Definition of Work-Life Balance
a comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle
Definition of Work-Life Balance Strategies
specific measures that an employer implements in order to help its staff attain a healthy work-life balance
Types of Work-Life Strategies
Leave Schemes
Paternity Leave
Maternity Leave
Marriage Leave
Extended Maternity Leave
Childcare Leave
Extended Childcare Leave
Eldercare Leave
Family Care Leave
Bereavement Leave
Compassionate Leave
Employee Support Schemes
Childcare Subsidies
Counselling Services/Hotline for Employee Assistance
Childcare Arrangements
Eldercare Arrangements
Bring Children to Work Day
Eldercare Subsidies
Family Day
Flexible Lunch Time
Lunch Time Swap
Family Information and Referral Service
Flexible Work Arrangements
Flexi-load
Flexi-place
Flexi-time
Government Work-Life Balance initiatives in Singapore
Work-Life Works! Fund
Flexi-Works! Fund
Advantage of Work-Life Balance
Benefits for Employees
a more positive perception of the employer
greater employee loyalty, commitment and motivation
improvements in employee health and well-being
a happier, less stressed workforce
lower absenteeism
a reduction in staff turnover and recruitment cost
increased productivity
Benefits for Employers
boost competitiveness
reduce staff turnover and minimise recruitment costs
meet seasonal peaks and troughs
become recognised as a business that people want to work for
react to changing market conditions more effectively and meet customer demands
Importance of Work-Life Balance
More engagement
Less “burnouts”
Fewer health problems
More mindfulness
Steps to implement Work-Life Balance
Step 2 : Assess business needs and employees’ work life needs
Step 3: Implement work-life programmes
Flexible Work Arrangements (FWAs)
Leave Benefits
Employee Support Schemes
Step 1: Establish the need to implement/ modify a work-life strategy
Step 4: Evaluate Work Life Programmes
Qualitative
Quantitative