The Importance of Work Life Balance for Company Development

01 February 2022

Until now, the term work-life balance is still a hot topic, especially among employees and business owners. Not infrequently, business owners and recruiters promote work-life balance when they want to promote the company.

This is intended as part of employer branding as well as to recruit potential employees. Moreover, when the current workforce is dominated by millennials who are very concerned about the work-life balance aspect in the companies they are interested in.

Apart from recruitment, work-life balance also supports employee productivity in order to avoid burnt out and other health problems. By maintaining employee productivity, work-life balance can be used as an attraction and a factor to support the company's added value.

It is important to realize that work-life balance is not only about the duration of working hours. This includes the creation of a positive and beneficial work environment, both for business owners, employees, and stakeholders.

Then, what does work-life balance mean? How can you implement it in your company? How important is work-life balance for a business? Check out his presentation below!

What is Work-Life Balance?

Work-Life Balance is a condition that is created when employees can fulfill their responsibilities in the company to the maximum while having a good quality of life. In their daily life, employees also have responsibilities, needs, and roles in society.

When employees are supported to be able to organize their energy and time to fulfill the above, the business owner and the company also get substantial and sustainable benefits.

When regular employees can have quality time with family, social life with friends, hobbies, or recreation, they can enjoy their work and are more motivated to give their best performance.

How to Create Work-Life Balance in the Company

Creating a work-life balance that has a positive impact on employees is not complicated. You can start with the following steps.

1. Pay attention to the needs of employees of various generations

Every employee has different needs outside of their job. This can be identified by knowing the unique needs and priorities of each age group of employees.

Baby boomers or those born between 1946-1964 generally prioritize stability and opportunities for growth. This need can be accommodated by providing various options for training or self-development courses.

Quite different from the baby boomers generation, generation X who was born in the era of 1965 to the 1980s, prioritizes quality time with family. The quantity and opportunity for maternity/maternity leave and paternity leave is one of the benchmarks for getting a good work-life balance.

For the millennial generation who were born in the 1980s to 1999, work-life balance is a top priority at work. They generally think that work-life balance is created when they have a social life outside of their job, can still do hobbies, and have enough leisure time.

2. Build a Flexible Work Environment

Meeting the various needs of different employees, of course, cannot be done with a rigid approach. Offer a variety of work methods for your employees, such as work from home options, flexible working hours with an hours overlap system (minimum flexible working hours that are set together, so that a team can collaborate directly), or the choice of working from where only (work from anywhere). This can accommodate the various needs of employees across generations.

Benefits of Work-Life Balance for Companies and Employees

There are many benefits that can be derived from implementing a work-life balance. Not only employees can enjoy it, the following benefits can also be obtained by the company.

1. Increase Profit and Achieve Company Target

Excessive stress and insufficient sleep can affect a person's health. If a work-life balance is created, the employees are less likely to have health problems. This also keeps the employee attendance rate high.

Health, attendance, and employee performance are important because they are factors that support company productivity. Maintained employee performance can keep the company from increasing profits and pursuing growth targets.

2. Retention of Qualified Employees or Talents

Employees who have high performance and potential tend to be vulnerable to stress, boredom, and unbalanced work-life. However, such employees are an important asset for the company.

In order to maintain appropriate human capital for business growth, creating a work-life balance can be the right strategy. This also reduces employee turnover and reduces recruitment costs in the long term.

3. Positive Company Reputation

Work-life balance has always been a topic of discussion among various groups. Companies that are widely known to the public practice the concept of work-life balance well, which will indirectly make people view your business positively. This can influence regulators, investors, partners, and top talents to be more confident in working together.

The importance of maintaining employee welfare is not only the responsibility of human capital. This also needs to be internalized by company executives in order to create a positive company culture.

Until now, the term work-life balance is still a hot topic, especially among employees and business owners. Not infrequently, business owners and recruiters promote work-life balance when they want to promote the company.

This is intended as part of employer branding as well as to recruit potential employees. Moreover, when the current workforce is dominated by millennials who are very concerned about the work-life balance aspect in the companies they are interested in.

Apart from recruitment, work-life balance also supports employee productivity in order to avoid burnt out and other health problems. By maintaining employee productivity, work-life balance can be used as an attraction and a factor to support the company's added value.

It is important to realize that work-life balance is not only about the duration of working hours. This includes the creation of a positive and beneficial work environment, both for business owners, employees, and stakeholders.

Then, what does work-life balance mean? How can you implement it in your company? How important is work-life balance for a business? Check out his presentation below!

What is Work-Life Balance?

Work-Life Balance is a condition that is created when employees can fulfill their responsibilities in the company to the maximum while having a good quality of life. In their daily life, employees also have responsibilities, needs, and roles in society.

When employees are supported to be able to organize their energy and time to fulfill the above, the business owner and the company also get substantial and sustainable benefits.

When regular employees can have quality time with family, social life with friends, hobbies, or recreation, they can enjoy their work and are more motivated to give their best performance.

How to Create Work-Life Balance in the Company

Creating a work-life balance that has a positive impact on employees is not complicated. You can start with the following steps.

1. Pay attention to the needs of employees of various generations

Every employee has different needs outside of their job. This can be identified by knowing the unique needs and priorities of each age group of employees.

Baby boomers or those born between 1946-1964 generally prioritize stability and opportunities for growth. This need can be accommodated by providing various options for training or self-development courses.

Quite different from the baby boomers generation, generation X who was born in the era of 1965 to the 1980s, prioritizes quality time with family. The quantity and opportunity for maternity/maternity leave and paternity leave is one of the benchmarks for getting a good work-life balance.

For the millennial generation who were born in the 1980s to 1999, work-life balance is a top priority at work. They generally think that work-life balance is created when they have a social life outside of their job, can still do hobbies, and have enough leisure time.

2. Build a Flexible Work Environment

Meeting the various needs of different employees, of course, cannot be done with a rigid approach. Offer a variety of work methods for your employees, such as work from home options, flexible working hours with an hours overlap system (minimum flexible working hours that are set together, so that a team can collaborate directly), or the choice of working from where only (work from anywhere). This can accommodate the various needs of employees across generations.

Benefits of Work-Life Balance for Companies and Employees

There are many benefits that can be derived from implementing a work-life balance. Not only employees can enjoy it, the following benefits can also be obtained by the company.

1. Increase Profit and Achieve Company Target

Excessive stress and insufficient sleep can affect a person's health. If a work-life balance is created, the employees are less likely to have health problems. This also keeps the employee attendance rate high.

Health, attendance, and employee performance are important because they are factors that support company productivity. Maintained employee performance can keep the company from increasing profits and pursuing growth targets.

2. Retention of Qualified Employees or Talents

Employees who have high performance and potential tend to be vulnerable to stress, boredom, and unbalanced work-life. However, such employees are an important asset for the company.

In order to maintain appropriate human capital for business growth, creating a work-life balance can be the right strategy. This also reduces employee turnover and reduces recruitment costs in the long term.

3. Positive Company Reputation

Work-life balance has always been a topic of discussion among various groups. Companies that are widely known to the public practice the concept of work-life balance well, which will indirectly make people view your business positively. This can influence regulators, investors, partners, and top talents to be more confident in working together.

The importance of maintaining employee welfare is not only the responsibility of human capital. This also needs to be internalized by company executives in order to create a positive company culture.

Prasetiya Mulya Executive Learning Institute
Prasetiya Mulya Cilandak Campus, Building 2, #2203
Jl. R.A Kartini (TB. Simatupang), Cilandak Barat, Jakarta 12430
Indonesia
Prasetiya Mulya Executive Learning Institute
Prasetiya Mulya Cilandak Campus, Building 2, #2203
Jl. R.A Kartini (TB. Simatupang), Cilandak Barat,
Jakarta 12430
Indonesia