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Work Life Strategies and Government-Funded Programs (Benefits (Improved…
Work Life Strategies and Government-Funded Programs
Definition
A work-life strategy refers to measures and programmes which employers put in place to enable employees to better manage work responsibilities alongside family and personal needs.
Benefits
Improved attraction and retention of talent
Reduced health related costs
improved employee engagement and satisfaction
Improved customer experience.
Higher productivity and shareholder value
Process of implementing
Step 2: Assess business needs and employees’ work-life needs
Step 3: Implement Work-Life Programmes
Step 1: Establish the need to implement/ modify Work-Life Strategy
Step 4: Evaluate Work-Life Programmes
Types of work life strategies
Determine your priorities
Set specific goals
Track your time
Leave work at work
Government grants
Developmental Grant
FWA Incentive