Flexible workplaces with work-life balance ‘win-win’ for workers, employers: study

Toronto –

A brand new research on work-life stability says versatile schedules and shorter work weeks can result in extra productive, wholesome and constant staff.

The report by the International Labour Organization says giving staff flexibility by way of the place and once they work will be win-win for each workers and companies.

The United Nations company says versatile work schedules can enhance staff’ job satisfaction, efficiency and dedication to a company — decreasing recruitment prices and rising productiveness.

Meanwhile, the research discovered that employers who implement strict work preparations or schedules similar to a 9-to-5 workplace workweek, may see productiveness and job efficiency drop, and turnover and absenteeism enhance.

The report’s lead writer, Jon Messenger, says new work preparations through the COVID-19 disaster and the following so-called Great Resignation has positioned work-life stability on the forefront of social and labour market points.

He says classes discovered through the pandemic can enhance each business efficiency and work-life stability.

“Better work-life balance is associated with a multitude of benefits for employees,” the report mentioned, noting that the advantages embrace improved psychological and bodily well being of workers, elevated job satisfaction and better emotions of job safety.

“A healthy work-life balance among employees is also beneficial for employers and provides a number of positive effects for enterprises,” the report mentioned.

“Companies that implement work-life balance policies benefit from increased retention of current employees, improved recruitment, lower rates of absenteeism and higher productivity.”

The International Labour Organization report echoes the findings of different current research and surveys.

While wage and advantages have traditionally topped the record of sought-after incentives, a number of post-pandemic polls have discovered staff prioritizing work-life stability.

A survey by recruitment agency Robert Half carried out in late November requested almost 800 LinkedIn customers about what topped their work targets for brand new 12 months.

The No. 1 response was work-life stability, with 39 per cent of respondents saying it topped their work want record, adopted by 28 per cent who mentioned distant work choices had been an important.

This report by The Canadian Press was first revealed Jan. 5, 2023.