MBA-HR, New Delhi
Online published on 21 August, 2014.
Increasing workload demands and 24/7 connectivity has made coping with work and home a difficult balancing act. For career couples or those living with old parents, this spells a compromising position between their obligations and aspirations. Moreover, research states that women struggle more than males, in creating a sense of balance among their array of functions. However, both genders view achieving work-life balance an important parameter for career success. Further, with Gen-Y making up a promising fraction in upcoming talent, it necessitates business firms to consider the shifting anticipations of work schedules, personal time, recreation needs etc. into their policies to gain benefits of engaging cream of the crop, sustaining organizational knowledge and so on. The Paper reviews the phenomenon of career-family equilibrium and the introduction of remarkable strategies, pioneered by various multi-national corps, assisting employees to muddle through personal and professional domains. The notable success of such global approaches has paved a way for many in India too, to stand up and be a part of turnaround. In spite of this, it is still a long way before such WLB measures permeate through every vein of labor market, making everyone irrespective of gender, age and personal commitments an aspirant.
Work-life balance, Family-friendly policy, Flexi-time, Telecommuting