IMPACT OF WORK-LIFE BALANCE ON EMPLOYEE PRODUCTIVITY PRESENTED BY – AKSHIT ASIJA 250101050023
WORK-LIFE BALANCE Work-life balance is the state where a person effectively manages their professional commitments and personal life by consciously distributing their time and energy between both, leading to a sense of fulfilment in all areas of life. 1
EVOLUTION OF WORK-LIFE BALANCE The concept of "work-life balance" emerged in the late 20th century as a response to the Industrial Revolution's long work hours and the increasing participation of women in the workforce. 2
WHY WORK-LIFE BALANCE MATTERS TODAY Work-life balance is crucial in the modern workplace for improved mental and physical health, leading to reduced stress and burnout, and enhanced productivity and job satisfaction. 3
BENEFITS FOR EMPLOYEES 4
BENEFITS FOR EMPLOYERS 5
RELATIONSHIP BETWEEN WORK-LIFE BALANCE AND PRODUCTIVITY IMPROVED FOCUS AND CONCENTRATION GREATER JOB SATISFACTION AND ENGAGEMENT REDUCED STRESS AND IMPROVED HEALTH BETTER RETENTION RATE ENHANCED CREATIVITY AND INNOVATION 6
STATISTICS ON WORK –LIFE BALANCE AND PRODUCTIVITY 1. Working from home just one day a month makes employees 24% happier and more productive . 2. 85% of businesses with work-life balance initiatives report higher productivity . 3. Workers who maintain a healthy work-life balance are 21% more productive . 4. 48% of the workforce would leave the job if it prevented them from enjoying life . 5. Around 94% of workers believe that work-life balance is essential . 7
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REDUCING STRESS AND BURNOUT THROUGH BALANCE SET CLEAR BOUNDARIE TAKE REGULAR BREAKS PRACTICE MINDFULNESS UNPLUG FROM TECHNOLOGY 9
FLEXIBLE WORKING ARRANGEMENT Remote work Hybrid work The four-day workweek Results-only work environment(ROWE) Unlimited PTO (paid time off) 10
REMOTE WORK AND THE IMPACTS Positive Impacts Negative Impacts i ncreased Flexibility and Autonomy social isolation cost saving communication challenges wider talent pool blurred work life boundaries 11
Effective work- life policies Mental Health Support Training and Education Family Support Clear Communication & Feedbacks 12
Work-Life Balance and Employee Engagement Employee engagement and work-life balance have a symbiotic relationship: achieving work-life balance is essential for maintaining employee engagement, and engaged employees are more likely to have better work-life balance . 13
LINK BETWEEN WORK-LIFE BALANCE AND EMPLOYEE ENGAGEMENT Increased Productivity and Motivation Reduced Stress and Burnout Enhanced Organizational Performance 14
HEALTH BENEFITS 0F MAINTAINING WORK-LIFE BALANCE MENTAL HEALTH AND WELL BEING Reduced Stress Improved Mood & Resilience Prevents Burnout PHYSICAL HEALTH AND SLEEP Better Sleep Lower Risk of Chronic Diseases Boosts Immune System PRODUCTIVE AND PERSONAL GROWTH Increased Productivity Enhanced Job Satisfaction Greater Personal Growth 15
CONSEQUENCES OF POOR WORK-LIFE BALANCE INDIVIDUAL CONSEQUENCES Mental Health Deterioration Physical Health Issues Burnout Relationship Strain Reduced Energy and Concentration ORGANISATIONAL CONSEQUENCE Lower Productivity Increased Absenteeism Higher Turnover Negative Organizational Culture 16
Leadership’s Role in Supporting Work-Life Balance Providing a supportive work environment Helping with Time Management and Workload Recognizing Burnout Early Offering Flexibility and Autonomy 17
Challenges in achieving work life balance Unsupportive Environments Cultural and Societal Pressures Technological Tethering Unrealistic Demands and Lack of Control Economic Uncertainty 18
Organizational culture and its influence Employee Behaviour and Attitudes Employee Engagement and Retention Adaptability to Change Productivity and Innovation Strategic Execution 19
Tips for employees to improve work-life balance To improve work-life balance, employees should establish clear boundaries between work and personal time, prioritize tasks using good time management, take regular breaks, and schedule dedicated time for personal interests and loved ones. 20
CONCLUSION A strong work-life balance leads to increased employee satisfaction, productivity, and well-being. Conversely, poor balance can cause stress, burnout, decreased motivation. Therefore, fostering a supportive work environment with flexible arrangements and prioritizing employee well-being is crucial for both individual and organizational success. 21