James Tranghese Stephen Quinn Gene Engholm John Reardon

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Presentation transcript:

James Tranghese Stephen Quinn Gene Engholm John Reardon Work-Life Balance James Tranghese Stephen Quinn Gene Engholm John Reardon

Introduction According to Wikipedia, work-life balance can be defined as: a broad concept including proper prioritizing between "work" (career and ambition) on one hand and "life" (pleasure, leisure, family and spiritual development) on the other. Related, though broader, terms include "lifestyle balance" and "life balance". (wikipedia)

Introduction cnt’d Phrase originating during the late 1970s- UK Recognized in US in 1986 Ways to help work-life balance: Clinics Meetings Courses Online Articles

Workweek Hours in United States History Average workweek 1800s: 70+ Average workweek in 1900s: 50-60 Average workweek today:40

Nineteenth Century Began practicing “first light to dark” in 1800s Filling all free hours/downtime with work Transition from artisanal shop towards factory work during the 1820s “Legal Day”: term adopted in 1860s

Twentieth Century Average work hours fall dramatically: Great Depression World War II After World War II workweek: 45-50 hours “In 1912 the Federal Public Works Act was passed, which provided that every contract to which the U.S. government was a party must contain an eight-hour day clause” (eh.net)

Twenty-first Century Today, we use the term “9:00 AM-5:00 PM” American’s feelings about work include: Overworked Stressed Burnt-out Consequences Violence in workplace Trouble at home Dissatisfaction of work

Twenty-first Century cnt’d “According to a survey conducted by the National Life Insurance Company, four out of ten employees state that their jobs are "very" or "extremely" stressful. Those in high stress jobs are three times more likely than others to suffer from stress-related medical conditions and are twice as likely to quit.” (wikipedia)

Work- Life Balance “Meaningful daily Achievement and Enjoyment in each of my four life quadrants: Work, Family, Friends and Self.”

Achievement/Enjoyment Balance of: Work Family Friends Self

Work-Life options Negotiate with your employer for a change in work environment, flextime, job-sharing, or part- time employment. Find a new job or career Time Management Simplify

Positive effects of Work-Life Balance More energy Increased motivation Less stress Enjoyment Feeling of achievement

Companies and Work-Life Balance Currently there are on-site and online seminars and training courses for companies to help their employees reach a balanced work/life employment.

Individuals and Work-Life Balance There are online and on-site seminars and courses to help individuals to understand and improve their work/life balance.

Interview on Work-Life Balance Hollis Leary (Liberty Construction) Importance of Work-Life balance How he personally maintains a balance How he handles stress Ways he tries to instill it in his employees

The Future of Work-Life Balance Flexible Work Arrangements Office Accommodations Employer Benefits of Work-Life Balance

Driving Forces Working Retired Stay- at – Home Workers Dual – Earners Generation Y Among the 89 percent of Americans who say work/life balance is a problem, 54 percent called it a “significant” problem

Flexible Work Arrangements “Work place flexibility isn’t just a woman’s issue, its an issue that effects the well being of our families and the success of our businesses. It effects the strength of our economies, whether we will create the work places and jobs of the future that we need to compete in today’s global economy.” - President Barack Obama Talk about White House Workplace Flexibility – Importance March 31, 2010

Flexible Work Arrangements Flexible Work Hours Utilizing Technology Telecommuting Teleconference Warning: I offer a flexible work environment, my employees can work their 80 hours a week whenever they’d like. Becoming the Standard for the American Workplace Not: I offer a flexible work environment, my employees can work their 80 hours a week whenever they’d like Doesn’t work for every employee, managers responsibility to figure out what works for whom Difference between presenteeism and actually working

Office Accommodations Childcare Eldercare College Coach Saving time, money, effort by providing these opportunities at work Difference between work- family and work-life

Employer Benefits of Work Life Balance “I am not doing this because I am nice person, I am doing this because it works.” - CEO of Fortune 500 Company

Employer Benefits of Work Life Balance Decreased Absences Increased Productivity 1/3 workers say workplace flexibility is most important in career absentee rate drops avg 20% Because of piece of mind I am not doing this because I am nice person, I am doing this because it works – CEO Fortune 500 Company

The Future of Work Life Balance

Conclusion The Importance of Work- Life Balance Forecast Future: History Present Info from Reliable Source The Future of Work- Life balance is that it will become the standard and an essential for success in most business environments

Sources Used http://en.wikipedia.org/wiki/Work%E2%80%93life_balance http://eh.net/encyclopedia/article/whaples.work.hours.us http://www.worklifebalance.com/worklifebalancedefined.html http://www.quintcareers.com/work-life_balance_tips.html http://www.newamerica.net/events/2010/the_future_of_workplace_flexibility