A Totally Rad Total Rewards Glossary

Glossary of Employee Recognition, Total Rewards, and Company Culture Terms

Work-Life Balance

Work-life balance is a term used to describe the equilibrium between a person's professional and personal life. The goal is to find a healthy balance between work responsibilities and personal obligations to achieve happiness and well-being.

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What Is the Importance of Work-Life Balance?

In today's fast-paced world, employees often struggle with burnout, stress, and anxiety, which can decrease productivity. Therefore, prioritizing employee work-life balance is vital. With this priority, companies can show their employees that they value their well-being and encourage them to achieve a healthy balance between work and personal life.

How Does Work-Life Balance Drive Employee Engagement and Motivation?

When employees feel they have a good work-life balance, they are more likely to be engaged, motivated, and productive at work. They are also more likely to stay with their current employer, reducing turnover and increasing job satisfaction.

What Are Some Best Practices to Improve Work-Life Balance?

To improve work-life balance effectively, companies should:

Encourage employees to take time off when needed and provide flexibility in work schedules.
Establish clear boundaries between work and personal time to reduce burnout and stress.
Provide resources to help employees manage their work-life balance effectively.
Incorporate work-life balance into employee recognition programs, incentivising employees to prioritize their well-being.

By following these best practices, companies can create a culture of work-life balance that promotes well-being and productivity among employees.