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WHAT IS WORK-LIFE BALANCE?

Worklife balance is a concept including proper prioritizing


between work (career and ambition) and lifestyle(Health, pleasure,
leisure, family and spiritual development/meditation) and being
aware of different demands on time and energy and being able to
allocate them judiciously.

WORK L I F E BAL ANCE
Work life balance means spending 50% of
your time at work and 50% of your time at
home.
Women desire more work life balance
than men.
Work life balance is synonymous with
work family balance or family support

WORK L I F E BAL ANCE
Work life balance occurs when individuals
possess mental, physical and emotional
resources and allocate those resources in a
way that leads to fulfillment of their
professional and personal goals.

Many studies have found that there is no
gender differences in experience of work life
conflict. Men and women are both affected
by non work and work demands.

Equating work life balance and family
support as synonymous assumes only
those with families desire balance.
Can lead to backlash to single employees
or employees without children.
Research on singles friendly culture is a
response to this backlash.


MTYHS
REALITY
WHY IS WORK-LIFE BALANCE IMPORTANT?
Our lives are busy and we get onto the 'treadmill of life.
Something that you VALUE is not in alignment with your current
REALITY.
Recent search says that more than 55% respondents are not able
find a WLB.
More stress and lack of concentration in work



WORK L I F E BAL ANCE
REASONS FOR IMBALANCE
Competition

Individual Career Ambitions

Global Economy

Longer working hours

Attention demanded by the
family


WORK L I F E BAL ANCE
HEALTHY WORK-LIFE BALANCE LEADS TO
EMPLOYEES
Feel more rested and energized
Fulfillment from work
Stress reduction
Better physical and
mental health

COMPANY
High productivity
Getting and keeping the right
staff
Healthy and interactive
environment
WOR K L I F E B A L A N C E
THE WHEEL OF LIFE
The concept was originally created by Paul J. Meyer, founder of
Success Motivation Institute.

A tool by which you and I can ascertain our priorities, needs and
how balanced our life really is.

The Wheel of Life is powerful - vivid visual representation of the
way your life is currently, compared with the way you'd ideally like
it to be.

It is called the "Wheel of Life" because each area of your life is
mapped on a circle, like the spoke of a wheel.
WOR K L I F E B A L A N C E
REGUS SURVERY
Reveals
Gen X and Gen Y are better in maintaining WLB than Baby
Boomers.
Survey Sample - 26,000 professionals from 90 Countries;
Indians are happiest at work, followed by Mexico

WOR K L I F E B A L A N C E
Traditional work/life pattern New work/life pattern
1. Work for an employer - live for the weekends
and holidays - worry a lot and be generally unable
to control your own destiny.
1. As soon as possible, work for yourself or for
decent employer(s), doing various things you love
- (tip - you might need to re-discover what you
really love).
2. Maybe start your own business still doing
something you don't enjoy and continue to worry
and work slavishly.
2. Progressively ease off working to spend more
time learning and enjoying new things - some of
which will become new work.
3. Retire on a reasonable pension at 60 or 65, or
55 if you are lucky - continue to worry, and now
add feelings of regret and maybe even bitterness.
3. Don't worry about retirement because it can
actually kill you (the worry and the retirement),
and the pension system is shot to pieces anyway -
try to save, but most importantly stay happy and
productive.
4. Rapidly decline due to lack of stimulus and die
quite soon.
4. Keep learning and developing and doing new
things - eat well, keep fit, and be good to people.
5. What was the point of it all?... 5. Live long and happy - still working a little and
always learning and enjoying new things.
MORGAN STANLEY CASE STUDY
The Challenge
Provide the best possible environment for its
employees

The Response
Developed Balance-works
WOR K L I F E B A L A N C E
BALANCE-WORK INITIATIVE AT MORGAN STANLEY
Monthly work-life seminars
On-site fitness center
On-site cafeterias
Occupational health services
FLEXOPT policy flexible working arrangements

WOR K L I F E B A L A N C E
WORK NEAR HOME
Try to cut down the commuting time. says Pushkar Singh Kataria, 38,VP,group HR, Vedanta
Resources. At lunch hour he heads home-10 minutes from his office.
ONLINE SOCIAL NETWORKING CAN WAIT
Curb checking your Facebook profile or professional network account to set a time during the
day or week. You can save time and spend it on yourself, says Anita Belani, country
head, Russell Reynolds.
PAMPER YOURSELF
Indulge yourself. Spend a couple of hours in the garden, play with children, or cook. Get 7 to
8 hours of sleep every night. Pamper yourself a little more every day and youll see a big
payoff at work and home. says Gurmeet Singh, area director, India Maldives, Marriott
Hotels.

Tips from corporate
WOR K L I F E B A L A N C E
On the job training
Surveys of employee work /life issues
Set priorities for all work
Train line managers to recognize signs of
overwork
Seminars on work life balance
HR solutions for Work-life Balance
WOR K L I F E B A L A N C E
Make work more flexible
Flexi time
Job sharing
Sponsoring employees family
oriented activities
Allow for time off from work
A formal leave policy
Paid childbirth or adoption
leave
Allow employees to take leave
for community service

Better physical and mental health
Making choice about your priorities rather than sacrificing any
More leisure time to spend with loved ones or for yourself
Feel more rested and organized
Working more productively and get more accomplished, leading to greater career
success
More fulfillment from work
Improving relationship with family and friend
BENEFITS FROM WORK LIFE BALANCE
WOR K L I F E B A L A N C E
BENEFITS TO THE INDIVIDUAL
More value and balance in daily
work life
Better understanding work life
balance
Increased productivity
Improved on the job and off the
job relationship
Reduced stress
BENEFITS TO THE ORGANIZATION
Increased productivity, accountability and
commitment
better communication and team work
Improved morale
Less negative organizational stress
WOR K L I F E B A L A N C E
DISADVANTAGES INDIVIDUAL LEVEL = LOW HAPPINESS
Neglect family elderly and the children.
General dissatisfaction: with the job, family.
Decreased self-esteem, creativity and personal balance
Stress
Increased expectations
WOR K L I F E B A L A N C E
DISADVANTAGES COMPANY LEVEL = LOW COMPETITIVENESS
Low productivity
Negative image
Increased absenteeism
Decrease in employee commitment
Talent drain
Negative atmosphere in the company
WOR K L I F E B A L A N C E
Poor Work-Life Balance
Higher rates of absenteeism
Higher rates of staff turnover
Reduced productivity
Decreased job satisfaction
Rising healthcare costs
Lower levels of organisational commitment and loyalty
= Poor customer service

WORK L I F E BAL ANCE
Whats been important?
I s s u e
Personal non work
Career
Material wealth
Health
Learning
Spiritual / Cultural

A c h i e v e m e n t
Home / family
Development
Modest purchase...
You time
What you know
Social / community

WORK L I F E BAL ANCE
Blur the boundaries
Manage expectations
Keep a clear head
Show your humanity
Set challenging goals
Talent transfer
Get focused
Set a reasonable pace
Call time-out
Share goals
Macs 10-point plan
WORK L I F E BAL ANCE
THANK YOU
Kunal Kashyap (81)
Gaurav mohta (90)
Tanuj Nabar (93)
Ameya rege (99)

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