Overview: Creating a proper work-life balance is an important component in ensuring happy, loyal, productive employees. When an employee's job fits into their life, they are more likely to stay with the job. Alternatively, when work obligations take up so much of the employee's life that there is no time for family, friends and hobbies, it can lead to job burnout and stress.
Creating an environment that encourages an appropriate work-life balance consists of many elements. Employers can offer competitive paid time off programs, adoption assistance, telecommuting options, on-site or off-site daycare or elder care, health and wellness programs and volunteer opportunities, just to name a few.
Trends: In an effort to lower healthcare costs and better establish a work-life balance, many employers are opting to offer on-site gyms or exercise classes and/or reduced price gym memberships to employees as part of their employee benefit program. This trend helps employees fit health and wellness into their busy schedules, oftentimes during the work day.
Ashley Shaw, JD, Legal Editor
Employers seeking to advise employees that they provide floating holidays and the circumstances under which those holidays will accrue, carry over and/or be forfeited or paid upon termination of employment should consider including this model policy statement in their handbook.
Employers seeking to provide personal leave to employees, establish the terms of the policy and preserve the employer's discretion to approve or deny the request should consider including this model policy statement in their handbook.
In-depth review of the spectrum of Federal employment law requirements HR must follow with respect to Managing Employees in Special Situations
XpertHR's Financial Services Resource Center for HR helps financial services employers handle their most challenging employment issues by bringing relevant resources together in one place for easy access.
An employer may use this policy to communicate when an employee may take a personal leave of absence and what types of documentation and notice the employee needs to provide the employer.
An employer may use this form to communicate the financial value of the Total Rewards initiatives it provides to its employees, such as compensation, benefits, training and development and various perquisites in support of work-life balance. A Total Rewards Summary helps an employer enhance employee commitment and engagement.
Employee wellness programs can help reduce health care related costs, increase productivity, reduce absenteeism, increase morale and increase employee retention. Employers should review this How To on implementing and managing an employee wellness program and incorporate those items that best fit the employer's size, budget restrictions, needs and resources.
Attracting, motivating and retaining talent is critical to an employer's short- and long- term success. This section assists HR professionals in implementing a comprehensive, integrated total rewards strategy that can help achieve those important objectives.
Employment glossary definition of Work-Life Balance.
HR guidance on promoting a work-life balance for employees.