Higher pay, better benefits, or improved work environment could entice 88 percent of these job seekers to stay with their current company
Public health crises past and present have caused labor shortages that ripped out and reworked the fabric of society. The Great Plague liberated serfs, the Spanish Flu brought women to the workplace, and COVID-19 is empowering modern employees to redefine work-life balance and find roles that fit their lifestyles.
In upending the economy, the coronavirus also reshaped views of the workforce. Hourly earners were finally seen as essential and many office workers logged in from home, while government assistance allowed millions to reconsider their employment status. Many workers delayed their returns to the office or quit their jobs to seek more favorable terms as part of The Great Resignation.
Working overtime rarely correlates to more productivity. Here’s a breakdown of the most recent data – and tips for achieving a proper work-life balance.
- Research has consistently found that countries, where working overtime is common, don’t necessarily achieve higher productivity rates per employee per hour.
- According to 2021 reports, the U.S. ranks 11th in terms of productivity per employee per hour.
- A healthy work-life balance can enhance productivity, and many household-name companies and smaller businesses offer creative work schedules.
- This article is for business owners and managers interested in boosting productivity without mandating overtime.
Work-life balance is the one thing that most of us crave, but few of us really attain. This doesn’t mean it’s not worth pursuing, but in today’s busy, work-focused world, it can be hard to separate time for yourself and your family. Fortunately, we have a few ways to help you inch closer to a healthy, viable work-life balance!
Allow Free Time in Your Schedule
Many people just assume that free time happens naturally once they clock out from work. While this may be true for some, it’s not true for most people. As soon as you get home from work (even if you work from home), you’re likely bombarded with chores, family obligations, and a long personal to-do list. Therefore, it’s vital that you set aside real free time in your schedule. Even if it’s just one or two hours a week, it is a great way to actually recharge your batteries. During this time, you don’t need to feel obligated to do anything but relax and enjoy yourself!
Axe-throwing classes. Onsite barbershops. Free gym memberships and catered lunches. Do they bond workers to a company and boost productivity, or do they blow resources in a very colorful way? To find out, Inc. called on two noted thinkers on the topic, who espouse thought-provoking–and vastly different–answers to the question.
What explains the rise of perk culture?
Jody Thompson: We like to see people in the workplace, so we provide amenities and spend money on making the office nicer. But work isn’t somewhere you go. It’s something you do.
Phil Libin: There’s a tendency for tech companies and startups to look at all aspects of work-life balance, and create programs that increase productivity and retention.