Work life balance - Myth or reality (WLB) Presentation

Work life balance - Myth or reality (WLB) Presentation

1. WORK LIFE BALANCE – MYTHs Vs REALITY Team Inferno Presenting

2. 1 Definitions / Concept 2 Evolution 3 Components 4 Determinants 5 Balance 6 Models and Theories 7 WLB in Organizations 8 Myths and Realities 9 Tips for improved WLB Agenda for the Day

3. A Story – Father and Daughter

4. Introduction Work–life balance is a broad concept including proper prioritizing between “work” (career and ambition) on one hand and “life” (Health, pleasure, leisure, family and spiritual development) on the other. Employee : Satisfaction and good functioning at work and at home with a minimum of role conflict Organizatio n : It is the challenge of creating a supportive company culture where employees can focus on their jobs while at work

5. Definition Work-life balance is about effectively managing the juggling act between paid work and other activities that are important to us - including spending time with family, taking part in sport and recreation, volunteering or undertaking further study

6. Learn the Skill-Balance

7. Evolution of the Concept 1801s – work–leisure mid 1960s-70s – WLB was mainly considered an issue for working mothers, trying to balance the demands of their jobs with raising children Late-1970s – United Kingdom 1980s – Structural changes took place. For example, policies and procedures, along with benefits were added/changed to support WLB. Maternity leave, EAP’s, flextime, etc. Also in the 80s, men began concerns around their own work-life 1986 – The phrase was first used in US 1990s – Really solidified WLB as an issue that was vital for everyone 21 st Century – More challenging than ever – work load predicts other stressors Globalization - Technology - 24/7 economy

8. The Six Components of Work-Life Balance Self-Management Time Management Stress Management Change Management Technology Management Leisure Management

9. Our Life at Work Punctuality Long Work Hours Rotational Shifts Business Travel Deliverables SLAs Appraisals Customer Relationship Productivity Quality Communication Management Demands Resources and Need Leave/Vacation Awards Leisure

10. Work Life Triangle Self-care Spiritual Physical Intellectual Emotional Health Wellness Exercise Work What we do Careers Housework Relationship Personal Friendships Partners Spouses Children

11. Five Spheres of Life Work Spirit Friends Family Health Glass Glass Glass Glass Rubber The Sphere of rubber will come back when thrown . The Sphere of glass would never come back when thrown as it would break, shatter and gone.

12. Determinants / Impact Demands from work, work culture Demands from Home, home culture Other factors - Work orientation, personality, energy, age, career stage,

13. Balances Time balance (time devoted to work and family) Involvement balance (involvement in work and family) Satisfaction balance (equal satisfaction with work and life

14. Symptoms of unbalance Physical: Headaches, upset stomach, sleep disturbances, changes in appetite, muscle tension, fatigue, heart palpitations Emotional: Depression, anxiety, irritability, difficulty making decisions, angry outbursts, resentment, feelings of powerlessness Personal: Lost time with friends and loved ones, job burnout, isolation – stopping social activities, relationship loss/difficulties, self medicating

15. Theories and Models The Segmentation Model Spillover Model Compensation Model Instrumental Model Conflict Model Border Theory

16. Myths Vs Realities Ideal Work-Life Balance ? Work-Life Balance does not mean an equal balance There is no perfect, one-size fits all, balance you should be striving for Your best individual work-life balance will vary over time The Less Hours You Work, The Happier You Will Be The Perfect 50/50 Split is Possible Between Work and Life What Works for Me Will Also Work for You Men have better work life Balance than women The Boss Has It Better Than Everyone Else That Rest and Personal Time Are Optional  That Hours Worked Is Indicative of Value Created  That Work and Life Are Separate Concepts 

17. Ways Organizations Encourage Work-Life Balance Exercise Access Childcare Services Company Outings Allow Flexibility Employee Perks/Benefit Schemes EAP’s Personalization at work Time allocation in work Encourage employee training, workshops, and education

18. Benefits of Improved Work-life Balance Improved Productivity of Employees Reduced Employee Turnover Reduced Absenteeism Increased Loyalty

19. Let’s Change our Statement Rather than saying “I have a stressful life” change it to “I will learn how to come back on track and live a balanced life and leave no place for stress”.

20. Ten KIM (Keep in Mind ) - Tips for Work Life Balance 10. Set SMART Goals: Plan and Prioritize your goals [ S.M.A.R.T  S pecific, M easurable, A ttainable, R ealistic and T imely ] 9. Plan a Structure: Work life balance is all about Flexibility which can be achieved by a Structure in place as it brings certainty (You know what’s going to happen and why). It also includes TOOLS / RESOURCES to have flexibility. This includes you being able to work from variety of places in different times of a day effectively. For this you would need mobile phones, laptops, remote access and flexible hours are important.

21. Ten KIM (Keep in Mind ) - Tips for Work Life Balance (Cont’d) Practice Good Time Management: It means to do the right things in a right way at the right time. For this you need to focus on your priorities and focus on those tasks that advance important goals; those goals that will bring in high pay off results. Activities that involve too much time should be simplified, delegated or eliminated. Good time management means focusing on results. It’s important to aim for excellence but not necessarily for perfection. Cause when you aim for excellence you might get excellent results but when you aim for perfection you might never quite get there.

22. Ten KIM (Keep in Mind) - Tips for Work Life Balance (Cont’d) Undertake Training in Techniques Required: There are many books available on effective time management, goal setting, prioritizing activity, increasing effectiveness, negotiation, relaxation and stress management. Also, there are providers of these trainings. Take Holidays and Long Weekends: If you have got good Structure in place and good support system you can find a time off.

23. Ten KIM (Keep in Mind) - Tips for Work Life Balance (Cont’d) Reward Yourself: They are important because they are something extra that you have been working towards. So, after you have set your goals and achieved them take the reward. You can choose to reward yourself be it at work or home. By doing this everything will become more enjoyable. Take the small and big rewards. You deserve it . Stay Healthy: It’s important to eat well, sleep well and exercise. You need good office desk, good chair, good lighting, no fall over cables and at home it is just as valid. At home a good bed is also important as one spends most of the time there. Medical check ups are important. When working hard any of the therapies and check ups are cost effective.

24. Ten KIM (Keep in Mind) - Tips for Work Life Balance (Cont’d) Be Passionate and Enthusiastic: Mix with positive people and don’t accept negativity either privately or professionally. See the Opportunity and not the obstacle. Always try to see the positive situation of any thing. Look harder look longer and look at it differently. Two techniques to attain these is 1. Positive self talk and 2. Visualization. Positive Self-Talking Instead of telling “you can’t do something”, tell yourself “you can do it” Say these “I am a great person; I am valuable, I am good at what I do, I am excited about my work, my goals and my life”. Visualization includes Determining your end goal (actually seeing, touching, feeling and experiencing the emotion of the goal). In this way you feel that you have already achieved your goal as you are already experiencing it.

25. Ten KIM (Keep in Mind) - Tips for Work Life Balance (Cont’d) Love Your Job: Career development is a journey and every journey is more enjoyable if you enjoy every step, enjoy the tasks, the people, the environment and the opportunities. You can also undergo professional training courses and this will help you enhance knowledge and understanding and this in return will increase your control and lastly you achieve a better balance. So it’s very important to enjoy what you do or change what you do.

26. Ten KIM (Keep in Mind) - Tips for Work Life Balance (Cont’d) Love Your Life : Enjoy your journey. Take control of your life. Be true to yourself and never accept less than you want. Enrich yourself socially, culturally, intellectually, constantly focus on your personal development achieve your goals and enjoy the journey. YOU HAVE IDENTIFIED WHAT IS IMPORTANT YOU ARE MAKING IT HAPPEN YOU ARE IN CONTROL YOU ARE ENJOYING EVERY STEP OF YOUR LIFE

27. Outcome of Work Life Balancing Mechanism Go for a walk Spend time in nature Call your good friend Sweat out tension with a good workout Write in your journal Take a long bath Listen to music Watch a comedy

28. Outcome of Work Life Balancing Mechanism For all these activities ensure you involve your family or friend to balance caring about others with caring for ourselves Light scented candles Savor a warm cup of coffee or tea Play with your child Get a massage/ pamper yourself Curl up with a good look Meet friends for get together Go shopping with family Sit and plan your finance Help family in household work

29. Case Study Marissa Mayer’s job as the CEO of Yahoo and her pregnancy was announced simultaneously She took a maternity leave of only 2 weeks Ban the company’s work-from-home policy Construction of a nursery next to her office for her four month old son

30. Quotes

31. Our Personal Life

32. Conclusion Work/life balance is at best an elusive ideal and at worst a complete myth. But by making deliberate choices about which opportunities to pursue and which to decline, rather than simply reacting to emergencies, leaders can and do engage meaningfully with work, family, and community. Through work life balance the individual will feel relaxed and organized. Productivity of the person increases which will lead accomplishing task efficiently as well as to attain grater successes. It will improve relationship with families and friends. Better mental and physical health is another benefit. We will be able to make priorities than sacrificing. Leisure time is another added plus of work life balance.

33. Thank You