In many ways, your company is only as good as its people – and if your people are unhappy, everything will suffer! While there are many facets to employee satisfaction and retention, work-life balance is integral to organizational performance and can have a major impact on your ability to attract and retain top talent.
Here is why promoting work-life balance can be such an asset to your organization:
Higher engagement levels.
When employees strike a positive balance between work and their personal lives, their engagement levels at their jobs organically increases – improving productivity and performance outcomes while resulting in happier, more fulfilled staff. An engaged workforce is generally more committed to their organization’s mission, working collaboratively to reach goals and resolve challenges in a way that’s most beneficial for everyone.
Attracting new staff.
Your company’s ability to attract qualified candidates is heavily dependent on a culture of work-life balance. In today’s workforce, most workers are seeking opportunities that afford them flexibility and autonomy to some degree. With work-life balance at the forefront of your management approach, prospective candidates will be more compelled to pursue jobs at your company and learn about what your organization has to offer. Overall, this directly impacts recruitment and hiring, making work-life balance an essential part of a company’s workforce development strategy.
Less staffing turnover.
When employees are not burned out or overburdened, they enjoy their day-to-day work routines and develop stronger connections with their managers and coworkers. As an employer, you can take steps to reduce burnout within the workplace, such as offering onsite health and wellness coaching; hosting team-oriented social gatherings; and establishing flexible staffing policies. By providing staff with the tools and resources to lower their stress levels, they will be more motivated and driven to grow their careers at your company.
These are just some of the reasons why work-life balance is critical for building a strong team of employees. Companies that implement practices that encourage work-life balance will be best positioned for long-term staffing and retention success!