Modern work-life balance has become a buzzword in today’s fast-paced corporate world. With a significant shift in how we work and live, balancing work and personal life has become an essential aspect of employee well-being. This topic has been the subject of numerous studies and research, which have explored the impact of work-life balance on employee productivity. In this article, we will delve into the literature review of this subject, highlighting its significance and exploring the data from various studies.
Studies have shown that the impact of work-life balance on employee productivity is significant. Employees with better work-life balance have been found to be more productive and motivated in their work. This is because they have more control over their personal life, resulting in reduced stress levels and increased job satisfaction. A study conducted by the Corporate Executive Board found that employees with better work-life balance scored 21% higher on productivity than their peers.
Moreover, work-life balance has also been linked to employee engagement. According to a study by the Hay Group in 2016, employees who have better work-life balance are more engaged in their work, resulting in higher levels of commitment and job satisfaction. This reflects positively on the organization, leading to better retention and reduced absenteeism.
Flexible work arrangements such as telecommuting and flextime have become increasingly popular, and studies have shown that they are effective in promoting work-life balance. A study conducted by the Society for Human Resource Management found that flexible work arrangements have a positive impact on employee productivity and retention. Moreover, these arrangements have been shown to reduce stress levels and increase overall job satisfaction.
However, it is important to note that work-life balance is a two-way street. Employers and employees must work together to ensure that the balance is maintained. Employers need to provide employees with the necessary support, resources, and flexibility to manage their work and personal lives. At the same time, employees need to take responsibility for their well-being and communicate their needs to their employers.
In conclusion, work-life balance has a significant impact on employee productivity, engagement, and well-being. The literature review highlights the importance of this topic and its potential benefits for both employees and employers. Employers who prioritize work-life balance in their policies and practices not only support their employees’ well-being but also reap the rewards of a productive and engaged workforce.
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