Tuesday, December 31, 2019

Managing Work Life Balance - 2139 Words

The current economic situation has been blamed for causing income loss, extended working hours and intense stress in workplaces all over the world. Due to this today people are being challenged to strike a balance between work life and family life. People are overwhelmed by the demanding careers, demanding families, a slow economy and so on. This has left people with little time for what they need and want to do. Motivation refers to the desire, effort and passion to achieve something (Paul, Hoang, 2007). In business terms it is often referred to as the willingness to complete a task or job with enthusiasm. There are different motivators for every person. Some people are motivated by fears. Others are motivated by rewards. Many†¦show more content†¦In today’s times people apart from money also look for time offs so that they can spend their time with their family. Awarding them with holidays as rewards provided work does not suffer is also a good way of reducing stress and motivating people. Another really effective way for rewarding and motivating people at work is to recognize them for any great achievements. A pat on the back goes a long way. An immature manager/boss provides negative stress or distress which arises out of unreasonable targets and deadlines which affects the health of the employees adversely. According to Rensis Likert, (1967), these leaders are exploitative autocratic who do not trust their employees and so order them to perform by putting pressure of performance by using threat and punishments (Paul, Hoang, 2007). Negative stress comes with a cost. It is estimated billions of pounds every year in lost production in UK due to stress at work (ANI, 2008). Managers who distress their employee fail to realize that with long working hours and unrealistic goals employees in the organization are not only losing on their standard of living but also their quality of life. Another important way in which a manager can help employees cope with stress is through work-life balance. A 2001 study of women working in telecommunications companies found that investment in work-life balance was closely correlated with higher retentionShow MoreRelatedManaging Work Life Balance2150 Words   |  9 PagesThe current economic situation has been blamed for causing income loss, extended working hours and intense stress in workplaces all over the world. Due to this today people are being challenged to strike a balance between work life and family life. People are overwhelmed by the demanding careers, demanding families, a slow economy and so on. This has left people with little time for what they need and want to do. Motivation refers to the desire, effort and passion to achieve something (Paul, HoangRead MoreCritically Discuss the Importance of Work-Life Balance in the Effective Management of People at Work in Contemporary Organisations1472 Words   |  6 Pages â€Å"Critically discuss the importance of work-life balance in the effective management of people at work in contemporary organisations.† Contemporary organisations are becoming more aware of the increasing importance of work life balance as a result of increasing workforce diversity. Work Life Balance refers to the â€Å"striking  balance  between  work  and non-work  schedules† (Harish, 2013, p. 62), which has a significant impact on an organisations management process in regards to â€Å"the planningRead MoreManaging Work Family Practices At The Workplace851 Words   |  4 Pages3.0 Managing work-family practices at the workplace 3.1 Introduction The generalizability of published studies related to harmonising the work and family domains are uncertain. The topic have been carried out in several studies investigating on aspects such as influencing the impact of practices in particular frameworks (Wood Stephen, 2007; Beham et al., 2012; Stock et al., 2013). 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This day and age, people are finding comfort in relieving stress through extracurricular activities,Read MoreThe Relationship Between Flexibility Benefits Used And Work Family Conflict1433 Words   |  6 Pageswhich is work family conflict. In the workforce today, and in numerous households people struggle with being able to balance family time and the responsibilities of their chosen career without creating disturbance within their home. As a way to lessen these disputes corporations have begun to provide certain benefits, organizations, and flexible work arrangements to their employees. However, in recent studies that examine the use of flexible work arrangements and reduced levels of work-family conflictRead MoreTraining Development Plan of Coca-Cola1151 Words   |  5 Pagesï » ¿ Training Development Plan of Coca-Cola Table of Contents Work Life Balance 3 Assessment of the Training Needs 3 Statement of the Training Objectives 3 Method of Training 4 Evaluation of the Training Program 4 Objectives and Expected Outcomes of the Training Program 4 Programs Success 5 Expected Behavioral Changes 5 Changes in Level of Performance Output 5 Reinforcements 5 Bibliography 6 Hundred years ago economist looked into a technological future with better automationRead MoreDick Spencer Case1616 Words   |  7 Pagesability to communicate effectively and relate to the customers provided him with much success. Dick enjoyed his success; however, the constant travel that came with job began to take a toll on his personal life and he began to struggle with work-life balance. 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