The Specifics

Improved Productivity
All small companies involved in the first round of the Work-Life Balance Challenge Fund in Wales could identify that employees had become more productive due to implementing Work-Life Balance solutions.

Improved Recruitment
Offering Work-Life Balance initiatives can attract potential recruits as it advertises a company as a caring, progressive employer. A company involved in the Challenge Fund in Wales attracted 2 new recruits from a similar organisation at a wage decrease due to the work-life balance options they offered.

Improved Morale and Commitment
Employees' morale and commitment can be increased by introducing Work-Life Balance solutions, thus creating a more work-conducive atmosphere.

Reduced Casual Sickness Absence
If a company introduces flexible working hours and enable staff to honour life responsibilities then employees' absence can be reduced. This will in turn mean that money is not wasted through lost production or having to pay overtime to others to cover absences.

'People have stresses and pressures in work and at home, to move the company forward we have to address this situation.'
Brecon Pharmaceuticals, Hay-on-Wye

* 91% of people who visited the DTI website believed that Work-Life Balance initiatives can improve a businesses' performance.*

Last Updated: 08/08/2007 16:03:44 By Richard Perry