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Work and Life Balance
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Work and Life Balance
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Summary

Work and life benefits are becoming a necessity as both employers and employees recognise the need to achieve a greater balance between work life and home life. For employers this has arisen from the need to maintain or improve employee retention, satisfaction, and productivity whilst ensuring employees are able to balance family commitments and responsibilities that may have an effect on work. Implementation of strategies such as flexible work arrangements, child care, and elder care assistance, and employee reciprocation programmes have business-critical results and are a pragmatic solution to work/life issues. Implementing a successful work/life programme needs solid commitment at an organisation's highest level, linkage to business strategy, an understanding of the issues employees face, and an approach capable of meeting the needs of both employers and employees. Companies that have successfully implemented such initiatives include Eli Lilly, Midland Bank, The University of California and supermarket chainstore ASDA.

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