Friday’s Big Idea
Today's Big Idea: Work-Life Balance
The idea of work-life balance entered corporate consciousness relatively recently in the United States, only to be mortally threatened by the 2008 economic downturn and its aftermath – an employers' market in which jobs are scarce and workers' rights less of a priority for many employees than putting food on the table.
But as companies ramp-up productivity with fewer and fewer human resources, they're discovering that an "always-on" work culture can increase worker burnout rates, leading to high turnover and retraining costs.
Organizational researchers and psychologists like Leslie Perlow and Dan Ariely study what motivates workers and what makes organizations function effectively – and how to reach intelligent compromises – between workers' and organizations' needs – that benefit everyone.