Posts

Showing posts from April, 2012

Work-Life balance

Introduction The changing nature of economic conditions and social demands throughout the world has changed the role of work and the workplace. Originally, work was a matter of necessity and survival but today, work is not only a necessity but also a source of personal satisfaction as well. Lockwood (2003) identified some factors which contribute to the serious consideration of equilibrium between work and life as global competition, renewed interest in personal lives and family values and an ageing workforce. The challenge of work-life balance is rising to the top of many employees’ and employers’ consciousness. Employees are placing more value on quality of work life and seeking for greater flexibility so that they can manage work commitments along personal life. Employers, on the other hand, need in today’s economic climate a workforce that is stable and committed but also more adaptable and flexible to meet business challenges. However, according to Loghran (2002), finding the