Following is Part 1 of 2 from HRN”s March HR Industry White Paper. Part 2 will post on Friday, April 6.
Typically HRN refrains from posting our White Papers on our HR News & Views blog but this one is just too good not to share. Thanks to our very own Joyce Campbell for doing the research and writing.
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How Flexible Is Your Workplace?
Work-Life Balance as an Effective Tool for Retention
Have you thought about how flexible your workplace is? No, we’re not talking about how many yoga poses your employees can perform, but flexibility in terms of offering flexible schedules, job-sharing, telecommuting, etc. As summer approaches, you may have requests from employees to work a flexible schedule due to changing day care arrangements; or you may have employees transitioning to a different phase in their work-life where they would prefer a part-time schedule.
As the challenge of balancing work and personal life is a reality for most working families, employees are attracted to companies which provide some flexibility in the workplace. Although not a new challenge, the increase in dual career families, single parents, the “sandwich” generation of employees caring for both children and aging parents, and a stressed economy has accelerated the challenge into the forefront. Work-life balance (WLB) has become an area of concern for both workers and their employers. For employers, it can be a key component in attraction and retention of employees.