Why Work-life Balance Matters and How to Achieve It

What is Work-Life Balance?

Work-life balance means achieving harmony between professional and personal life, where neither side’s negativity impacts the other. It involves consciously distributing time and energy between work and private life, including health, relationships, hobbies and personal well-being.

According to Health Canada, work-life management is not about equal time allocation but about feeling fulfilled in work and personal roles. They identify four key categories for achieving balance: time management, stress reduction, workplace flexibility and support system. 

Some experts highlighted happiness as having little or no differentiation between professional and personal lives. It suggests that work-life balance could mean integrating both spheres seamlessly rather than separating them.

Want to know why work-life balance at work is essential for success and well-being? Read our blog to explore insights, research, and real-world examples that prove its impact!

Why Work-Life Balance Matters?

Let’s discuss the benefits of work-life management to understand why every corporate employee talks about it:

1. Enjoying Time Rather Than Spending

Working extra hours or overtime increases the risk of heart-related issues by 60%. 

Nourish Strong Relationships:

Studies highlight that women with partners working over 50 hours a week report lower relationship satisfaction compared to those working fewer hours. Hence, balancing work and personal life is crucial for strong relationships, as relationships are fundamental to human beings. Having a poor work-life balance often neglects family and friends, which negatively impacts mental health. 

Spending quality time with loved ones helps build trust, create happy memories, which reduce anxiety, depression and improve self-esteem.

2. Personal and Professional Growth

Provides Time for Hobbies and Skills:

Engaging in hobbies or interests boosts personal growth and creativity because it keeps the mind active. 

A study found that employees who engage in creative activities become more innovative in their professional roles. 

Reduce Stress with Personal Time:

In fact, 75% of people report that engaging in hobbies helps reduce stress to maintain productivity and focus, while 80% of employers’ skills developed through hobbies are valuable in the workplace.

Activities like meditation, yoga or gardening can promote relaxation and improve mood. 

3. Higher Retention Rate of Talent

Work-life balance Improves Retention:

Companies that care about employees’ work and personal lives have 87% better retention rates. Replacing an employee can cost up to 90% to 200% of their annual salary; that’s why keeping staff saves money and strengthens the team. 

Maintains a Positive Environment:

A workplace that supports work-life balance often has a supportive and understanding environment. This positive culture encourages open communication and collaboration among team members, leading to higher productivity and job satisfaction. Organizations with a positive work environment experience a 17% increase in productivity and a 21% increase in profitability. 

4. Reduce Anxiety and Depression Rates

• • Reduces Health Risk: Studies show that employees working over 55 hours per week have the risk of developing anxiety 1.74 times and depression 2.66 times. Moreover, having a poor work-life balance affects adequate sleep, which leads to cardiovascular diseases, stroke, and poor brain function.

• • Better Health with Better Work-life Balance: Employees with stress and a lack of time for exercise or healthy eating due to poor balance can lead to obesity, high blood pressure, and heart problems. Employees with good work-life balance report fewer instances of illness and absenteeism. Lower stress levels and better health practices strengthen their immune system.

How to Implement Work-Life Balance

Remote and Hybrid Work Models

Flexible work schedules are designed to allow employees to manage their personal and professional responsibilities effectively. 

It includes flexible start and end times, compressed workweeks or remote work arrangements. 

Employees can choose when to start and end their workdays, as long as they complete the required hours. It should not be completely flexible, employees should be present during core hours, during everyone must be present. 

Employees can work from home or another location to reduce commute times and improve their work-life balance.

It may combine in-office and remote work, allowing employees to split their time between the two.

Essential Tools for Remote Work

• • Use video conferencing tools, e.g., Zoom, Google Meet, or Microsoft Teams, for remote meetings.

• • Use project management tools like Trello, Asana, or Monday.com to track progress and collaboration.

• • Use real-time communication apps like Slack, Microsoft Teams, or Discord for seamless team interactions.

• • Use cloud storage solutions like Google Drive, Dropbox, or OneDrive for secure file sharing and accessibility.

• • Use time management tools like Toggl, Clockify, or RescueTime to monitor productivity and optimize workflow.

• • Use note-taking apps like Evernote, Notion, or Microsoft OneNote to organize ideas and tasks efficiently.

• • Use automation tools like Zapier, IFTTT, or Make to streamline repetitive tasks and improve efficiency.

Paid Leave for Managing Unexpected Events

Paid Leaves Boost Productivity:

Offering generous paid leave, vacation days, sick leave, and personal days is a strategic move that benefits both employees and employers. It helps employees manage unexpected events without financial stress. Additionally, paid leave boosts productivity by ensuring that employees are well-rested and focused when they return to work.

Employees feel valued and supported, leading to higher job satisfaction and increased retention rates. Offering generous paid leave is a competitive advantage in attracting and retaining top talent, as it demonstrates a commitment to employee well-being.

Improve Productivity Through Rest:

Retaining employees reduces the costs of hiring and training new staff. Paid sick leave allows employees to recover fully before returning to work. It reduces the spread of illnesses and maintains a healthier workforce, leading to fewer mistakes and decreased performance.

Countries With Work-life Balance Policies 

1. 1. France Inspiring Policies – France has taken strong steps to improve work-life balance with two key policies:

       

      • • 35-Hour Workweek – This 35-hour workweek started in 2000 to lower unemployment and overtime culture in the country. Companies can set four or five workdays, provided they maintain 35 hours per week.
      • • Right to Disconnect – Under this law, employees can’t indulge in work-related communication outside work hours. It protects their time and sets a visible boundary between personal and professional life.

2. 2. Flexible Work Culture of Denmark – Denmark supports flexible work arrangements for a healthy work-life balance. These flexible arrangements allow employees the autonomy to manage their time effectively.

       

      • • Flex jobs Scheme: This innovation allows workers to adjust their schedules or tasks according to their needs. It shows Denmark’s commitment to flexibility and employee satisfaction. 
      • • Denmark’s approach is evident in that only 1% of Danish employees work more than 50 hours a week, a contrast to many other countries.

3. 3. Generous Paid Leave in Spain – In Spain, the government offers one of the most generous vacation policies. Employees receive a minimum of 36 statutory days of annual leave. It covers paid vacation and public holidays. Additionally, each parent also gets 112 days of full paid parental leave to spend time with family and children.

4. 4. Lithuania’s Leave for Parents – Lithuania has introduced a new rule to support young families. New parents working in the public sector are allowed to work only four days a week while getting full pay. Parents with kids under three years can work 32 hours instead of 40 so they can take care of work and family easily.  

Last Words

Work-life balance is not a luxury but a necessity for health, happiness and productivity for every individual. By adopting smart policies and strategies, countries worldwide provide a life where work and personal well-being thrive together. 

Hence, companies create a workspace where a supportive work culture, flexible hours, and paid leave should be prioritised as part of the culture.  Invest in balance, your employees and business will thank you.

FAQs (Frequently Asked Questions)