Reference no: EM132928478
Work-life refers to specific organizational practices, policies, and programs that are guided by a philosophy of active support for the efforts of employees to achieve success within and outside the workplace. These employer-sponsored initiatives comprise a strategic framework referred to as the work-life portfolio, a key element of the organization's total rewards strategy to attract, motivate and retain employees (Seven categories of work-life effectiveness, n.d.).
Reduction of performance-inhibiting and morale-draining stressors in the workplace is the central premise of work-life effectiveness. Because the negative impact of stress-related illness has been shown to eclipse the combined annual profits of the FORTUNE 500 companies, focusing on this category of work-life support holds the most promise of contributing to the reduction of escalating health-care costs (Seven categories of work-life effectiveness, n.d.).
Questions:
-Research three companies that are best in class for promoting work-life balance as part of their culture.
-Compare and contrast the policies and programs offered.
-Critically evaluate your work-life balance and rate it on a scale of 1-10 (1 being no work-life balance). Justify your answer.
-If you rated yourself a 7 or less, provide three strategies for better work-life balance.