Contrary to conventional wisdom, men and women hold similar views of work-life benefits, the board found in a survey of over 50,000 workers. Moreover, star employees assign almost as much importance to work-life balance as other employees and have similar work-life preferences.
The report found that people who are happy with their work-life benefits
- Work 21 percent harder
- Are 33 percent more likely to plan to stay at that organization
Existing Work-Life Benefits
Current work-life benefits could be better, the report found. Only 16 percent of employees are satisfied with their organization's work-life practices. Nearly a third of workers are skimping on work to meet personal commitments.
The majority of people don't even know what's available to them. Fewer than one-third of employees are aware of their employer's work-life offerings. Work-life benefits might include permission for telecommuting, flexible hours and on-site or subsidized child care.
Of those who are aware, only 25 percent say those offerings match their preferences. And more than half of employees never use the available work-life benefits.
What Work-Life Benefits Do Employees Want?
When asked about the five most desirable employer practices,
- 63 percent of employees included a flexible work schedule
- 62 percent cited an appropriate workload
- 13 percent was the average for all other work-life practices.
Recommendations for Employers
Companies should improve their work-life benefits and communicate them to employees, the report suggested.
"Employees don't necessarily have to use work-life practices to generate positive returns for the organization," the researchers noted. "Awareness of the work-life proposition is, in fact, slightly more important than consumption of it."
The most powerful factors that increase awareness and use of work-life benefits are:
- Peers visibly using work-life practices
- Clear implementation guidelines
- Employee control
The report noted that there are significant geographical differences in work-life preferences.
Source: The Corporate Executive BoardWant regular doses of the most fun, informative and juicy news for working moms on the Web? Sign up for a free newsletter today!