C:\Fakepath\Work Life Balance

By:

Ashwin kumar Kokku(67)

Clewyn Mascarenhas(73)

Gauri Rane(77)

Kris Mascarenhas(87)

Vartika Birla(122)

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Flow2

IntroductionReasons For ImbalanceSolutions For Imbalance (Individual)HR Solution for Work Life BalanceCase StudiesBenefitsConclusion

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INTRODUCTION

DEFINITION It can be defined as “meaningful daily achievement and enjoyment in

each of my four life quadrants :work, family, friends and self ”.

1.Trying to define work-life balance.

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Recent search says that more than 60% respondents are not able to find a balance between their personal and professional life.

Traditional thinkingLeading to more stress and lack of concentration in work ,

hence leading to greater absenteeism and increase in attrition rate.

Hence from employer’s point of view its important take care of these aspect also for there employees.

Reasons for Imbalance

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Competition

Individual Career Ambitions

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Global Economy

Longer working hours

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International business

Solution work-life balance

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Don't overbook

Prioritize ruthlessly

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Learn how to say no

Organize

10Use technology

Know it won't always be perfect.

HR SOLUTION TO WORK LIFE BALANCE

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On-the-Job Trainingo Surveys of employees’ work/life issues.o Set priorities for all work.o Train line managers to recognize signs of

overwork.o Seminars on work/life balance.

HR SOLUTION TO WORK LIFE BALANCE

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Make Work More Flexibleo Flextime o Job sharingo Sponsoring employees’ family-oriented

activities. Allow for Time Off from Worko A formal leave policy.o Paid childbirth or adoption leave.o Allow employees to take leave for community

service.

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Case Study

Need 14

o Staff expect greater freedom, flexibility and co-operation from their employer than ever before.

o great opportunity to challenge dated perceptions of working patterns, particularly the notion that the number of hours worked by an individual or team is, itself, a fair reflection of their effectiveness.

o seeks to recognize the need to balance the need for excellent client delivery whilst adopting industry preferred practice people management.

Initiatives undertaken15

o Employees are eligible to apply for flexible working and have the right to appeal if their request is declined.

o supports the right of employees to take time off work to deal with child

o care and family duties and has various policies and procedures in place to deal with such instances.

o The firm’s intranet hosts a policy document and has been developed for flexible working offerings, supported by comprehensive toolkits, checklists, guidelines, a flexible working calculator and real-life case studies.

o Line managers in the business work together with HR to evaluate requests.

o Requests to work flexibly are e-enabled, so that we can easily monitor applications received, accepted and declined and to help identify industry preferred practice.

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o Glide Time o Additional Holiday Purchase o Unpaid Leave o Career break o Home workingo Part-time workingo Job sharing

17Case Study

Morgan & Stanley

The challenge Being First Choice for People is essential if Morgan

Stanley is to attain its goal of being First Choice for Clients. Consequently, Morgan Stanley wants to provide the best possible environment for its employees.

Response Morgan Stanley is committed to working towards greater

flexibility and greater freedom of choice in work-life balance decisions.

developed Balanceworks, a programme to provide employees with services and policies designed to give additional support for managing their increasingly demanding lives.

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Balanceworks initiatives19

o FLEXOPT policy providing employees with a range of flexible working arrangements;

o Employee portal offering a range of services to help employees manage day to day needs;

o Internal employee networks, which are support and/or affinity groups;

o On-site fitness centre & occupational health services;

o Employee Assistance Programme;

o Generous maternity leave policy;

o Emergency nursery places;o Childcare vouchers

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FACTS OF WLB

Finding a ‘perfect’ balance between work and life is rare.

The nature of that balance is different for every person, and changes over time for each person. 

So one shouldn’t strive for perfection, but to constantly be aware of making choices that will benefit all aspects of our lives.

Achieving work/life balance is an investment – it does take time and effort to implement the changes necessary.

TIME MANAGEMENT is one of the best solutions which can help to reduce the imbalance between the personal and the work life of the employees.

Prioritizing the tasks and planning the activities can help to take out some free time which can be utilized for other purposes.

Learn to say "no" if required.

Fitting healthy habits in work life.

Balance in your life between work and your personal life is very important. Without balance, you eventually burnout negatively affecting your performance at work.

"Our lives are a mixture of different roles. Most of us are doing the best we can to find

whatever the right balance is . . . For me, that balance is family, work, and

service."

Hillary Rodham Clinton

"Life is like riding a bicycle. To keep your balance you must keep moving."

Albert Einstein

Benefits of WLB at work

Feel more rested and energized

Working more productively and get more accomplished, leading to greater career success.

More fulfillment from work.

Benefits of WLB in life

Improving relationships with family and friends.

Better physical and mental health. Making choices about your priorities, rather

than sacrifice any. More leisure time to spend with loved ones,

or time for yourself.

“Just as your car runs more smoothly and requires less energy to go

faster and farther when the wheels are in perfect alignment,

you perform better when your thoughts, feelings, emotions, goals,

and values are in balance."

Reference29

www.google.comwww.hrworld.comwww.youtube.comBlog : The work-life imbalance Presseurop Vishal Arora - Work-Life Balance in Indian Industry Work-Life Balance

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Thank You