University Presentation Showcase: Graduate Division
Organizational Strategies to Promote Work-Life Balance
Major
Recreation and Parks Administration
Department
Recreation and Park Administration
Degree
Graduate
Mentor
Jon Mcchesney
Mentor Department
Recreation and Park Administration
Recommended Citation
Reid, Nichole; Fryman, Isaac; and Bradley, Akasia, "Organizational Strategies to Promote Work-Life Balance" (2021). University Presentation Showcase Event. 13.
https://encompass.eku.edu/swps/2021/graduate/13
Abstract
Organizational Strategies to Promote Work-Life Balance
Nichole Reid, Isaac Fryman, Akasia Bradley
The goal of this study was to investigate the strategies organizations utilize to improve their employee’s work-life balance. The methodology used included an investigation of the literature as well as a qualitative component including a survey of university faculty and interviews with employees of various companies and a benefits analyst. Providing benefits that allow for work-life balance can lead to improvements in productivity, job satisfaction, commitment, morale, employee health and well-being, employee retention, and brand perception. According to The Alliance for Work-Life Progress, the 7 areas in which companies can provide their employees opportunities to improve work-life balance are workplace flexibility, paid and unpaid time off, health and well-being, caring for dependents, financial support, community involvement, and management involvement/culture change initiatives. Allowing employees to work a flexible schedule or from home, giving them enough paid time off to enjoy their family and hobbies and fulfill their obligations, providing child and elder care aid and resources, providing financial perks like retirement plans and student loan pay-off, and offering paid maternity/paternity leave are all examples of different strategies companies can employ. Based on a survey by Glassdoor, 79% of employees would prefer an increase in benefits to an increase in pay. The benefits they most highly desired were health insurance, vacation/paid time off, performance bonuses, paid sick days, retirement/pension plans, and flexible schedules. Providing benefits packages focusing on these offerings should greatly increase a company’s competitive advantage in attracting and keeping talented employees.
Presentation format
Poster
Organizational Strategies to Promote Work-Life Balance
Organizational Strategies to Promote Work-Life Balance
Nichole Reid, Isaac Fryman, Akasia Bradley
The goal of this study was to investigate the strategies organizations utilize to improve their employee’s work-life balance. The methodology used included an investigation of the literature as well as a qualitative component including a survey of university faculty and interviews with employees of various companies and a benefits analyst. Providing benefits that allow for work-life balance can lead to improvements in productivity, job satisfaction, commitment, morale, employee health and well-being, employee retention, and brand perception. According to The Alliance for Work-Life Progress, the 7 areas in which companies can provide their employees opportunities to improve work-life balance are workplace flexibility, paid and unpaid time off, health and well-being, caring for dependents, financial support, community involvement, and management involvement/culture change initiatives. Allowing employees to work a flexible schedule or from home, giving them enough paid time off to enjoy their family and hobbies and fulfill their obligations, providing child and elder care aid and resources, providing financial perks like retirement plans and student loan pay-off, and offering paid maternity/paternity leave are all examples of different strategies companies can employ. Based on a survey by Glassdoor, 79% of employees would prefer an increase in benefits to an increase in pay. The benefits they most highly desired were health insurance, vacation/paid time off, performance bonuses, paid sick days, retirement/pension plans, and flexible schedules. Providing benefits packages focusing on these offerings should greatly increase a company’s competitive advantage in attracting and keeping talented employees.