There is a new term in today’s workplace that was virtually unheard of just a generation ago. It is called “work-life balance”. This new term has been most synonymous with the millennial generation, but it has been catching on with each current work generation from baby boomers to generation Z.
So what has changed and why now? The biggest thing that has changed is today’s employee value system. Previously, employees put high value on longevity with an organization and compensation, to name a few, over being home for dinner or coaching their child’s soccer team. Now don’t get me wrong employees still would like to maximize their income, but not at the expense of not being present for the important moments in life. Missing these moments creates enormous amount of personal stress that results in job dissatisfaction.
The “why now” is based on the change in how they view their employment. Today’s employees want their work to support their life not their life to support their work. They are now more willing to sacrifice certain things to achieve a healthy work-life balance. Even if it means they have to change jobs repeatedly until they find a company whose culture supports this new hierarchy of values.
Companies who ignore this new dynamic, do so at their own peril. The net affect is poor retention, high workplace stress and a significant increase in job dissatisfaction.
What’s the solution? Figure out what your employees need to create more work-life balance. Implement simple steps that make the employee know and feel that their needs matter and they are being heard. You will be amazed at how much more productive your organization will become.
How cool would it be if your company became the most desired place to work? OolaCorporate Training can help you achieve that!