Improving Work-Life Balance Term Paper

Analyzes and makes recommendations in the case of the Canadian Axiom Accounting Group's (AAG) human resource management problems caused by the lack of work-life balance.
# 148187 | 4,145 words | 37 sources | APA | 2011


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Description:

This paper explains that recently the insistent merging of the limits between work and life have begun to cause employees so much stress that companies' profits are beginning to be impacted negatively. Next, the author reviews the common problems of productivity and performance, absenteeism, recruitment and retention that can arise with the absence of work-life balance programs within companies. The paper evaluates which work-life balance strategies of telecommuting, flexible and reduced working hours, leave benefits, child care support, employee assistance program, subsidized cafeteria and fitness centers and increased manager support, are recommended for AAG to improve employee job satisfaction. Tables are included in the paper.

Table of Contents:
Table of Contents
Executive Summary
Introduction
Purpose and Significance
Scope and Limitations
Sources and Methodology
Problem Identification
Productivity and Performance
Absenteeism
Recruitment and Retention
Strategies
Telecommuting
Flexible and Reduced Working Hours
Leave Benefits
Child Care Support
Employee Assistance Program
Subsidized Cafeteria and Fitness Center
Increased Manager Support
Conclusions
Recommendations

From the Paper:

"At AAG employees are often overworked and lack flexibility in their schedules. As a result, they become stressed and find that their work and life are out of balance, leading to decreased productivity and increased employee turnover. As a result, employees may attempt to find a more suitable job, especially when other small to medium business owners offer flexibility practices. In a 2004 study by the Canadian Federation of Independent Business, they found that 94% of all small to medium businesses promote some kind of flexibility practices. Seventy-nine percent of these businesses promote flexibility in scheduling vacations, while 74% promoted time off for personal issues."

Sample of Sources Used:

  • The Business Case for Work-Life Balance. (2005, March 04). Retrieved July 17, 2010, from Human Resources and Skills Development Canada: http://www.hrsdc.gc.ca/eng/lp/spila/wlb/16benefits_costs_businesscase.shtml
  • Fostering Canada's Entrepreneurial Economy through Smart Labour Standards. (2008, March 12). Retrieved July 30, 2011, from Human Resources and Skills Development Canada: http://www.hrsdc.gc.ca/eng/labour/employment_standards/fls/submissions/formal_briefs/brief34/page01.shtml
  • Happy employees may be the key to success for organizations. (2010, August 14). Retrieved July 27, 2011, from ScienceDaily: http://www.sciencedaily.com/releases/2010/08/100813121920.htm
  • Introduction to Attendance Management. (2010, March). Retrieved July 27, 2011, from Benefits Interface, Inc: http://benefits.org/interface/cost/absent.htm
  • Reducing Employee Turnover. (2011). (Legal Access Plans, LLP) Retrieved July 23, 2011, from Legal Access Plans: http://www.employee-group-legal-plan.com/reduce-employee-turnover.html

Cite this Term Paper:

APA Format

Improving Work-Life Balance (2011, September 22) Retrieved January 22, 2021, from https://www.academon.com/term-paper/improving-work-life-balance-148187/

MLA Format

"Improving Work-Life Balance" 22 September 2011. Web. 22 January. 2021. <https://www.academon.com/term-paper/improving-work-life-balance-148187/>

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