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Employee Welfare Programs and Work Life Balance.

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Given the strength of the local economy and choice in jobs currently available, thanks in part to the mining boom, a priority for companies is to recruit top graduates and retain existing employees. Your company’s senior management team wants to ensure that it is offering the best possible work/life balance (WLB) initiatives to solve staff turnover issues. As part of the company’s employee welfare program strategic plan, management is reviewing its policy on work/life balance. I have been selected to Education industry the issue by researching various WLB strategies; my strategi...

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Question Preview:

Given the strength of the local economy and choice in jobs currently available, thanks in part to the mining boom, a priority for companies is to recruit top graduates and retain existing employees. Your company’s senior management team wants to ensure that it is offering the best possible work/life balance (WLB) initiatives to solve staff turnover issues. As part of the company’s employee welfare program strategic plan, management is reviewing its policy on work/life balance. I have been selected to Education industry the issue by researching various WLB strategies; my strategic is employee welfare program 1. how strategies could be implemented into the company; and,2. how the company will evaluate the effectiveness of the strategies. .you must write 600 words.

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Solution Preview

This assignment is basically a suggestion for the well defined Employee Welfare Program to the senior management in the Education Industry which will act as a strategic plan to review the Work Life Balance policies that have been implemented in the company. This employee welfare program will help in attracting new recruits and retention of the exiting talent within the organization.

Work Life Balance means that company is keeping such policies, procedures and practices that help an employee to maintain personal as well as professional balance in life. This education industry has to take care of its employees in all respects. It has to ensure that all the employees working for the company get the benefits and opportunities whereby they are able to maintain a balance in their professional as well as personal lives. The employee welfare programs would act as a strategy whereby the new talented and competent manpower would be attracted to the company and even the existing manpower would remain retained. The types of Employee Welfare Programs that would encourage Work Life Balance are:

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