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The Effect Of Work Life Balance On Employee Retention

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1.Introduction

According to the work-life balance report released by Association of Executive Search Consultants (AESC, 2010) 55 per cent of senior executives are unsatisfied with their work-life balance. Over one third Americans chronically overworked (Families and Work Institute, 2004), while 82 per cent senior executives said that their organisations do not have a plan to improve the work-life balance of the employees.

Researchers have argued that work-life balance practices have impacts on work performance, interpersonal relations, improvement in productivity and reduction on turnover rate (Beauregard and Henry, 2009). In this essay, the writer mainly focuses on the discussion of how work-life balance influence employee retention. The aim of this paper is to demonstrate that work-life balance plays an important role in retaining employees.

To begin with the discussion, the author introduces the defintion of work-life balance and factors that aggravate the worsen of work-life balance. Following by the impacts of conflicts between work and life, the author discusses its impact on employee retention. Doubts and debates on this topic are also mentioned and discussed. Factors like individual differences and size of enterprises are considered in the implement of work-life balance practices. To visualise the relation between work-life balance and retention, the author introduces three organisations as examples. The first one succeed in their work-life balance programme and
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