Why Work/Life Balance Is So Important

Oct 3, 2019 | 0 comments

There is an ever evolving definition of work-life balance. Previous generations believed it to be a mix of intense work periods, followed by vacations once or twice a year. However, modern ideas of work/life balance are more integrated.

тАЬThe term тАЬwork/life balanceтАЭ has yet to lose its buzz in the last few years. This is partially due to the dominating presence of millennials in the workforce.тАЭ – Forbes

We can find balance throughout our work days, and as the technology improves, can even take тАЬworking vacationsтАЭ by setting up a robust remote-work culture.

Since your business likely employs a healthy number of millennials, here the reasons why work/life balance is so important.

Work/Life Balance Helps Avoid Burn-Out 

In todayтАЩs fast paced world, burnout is a real thing. So, itтАЩs never been more vital to make sure your employees have a clear separation between their work and home life.

тАЬWork/life balance is important as it allows you to separate work and home, meaning that the stress of work should stay at work, and not follow you outside of office hours.тАЭ – Australian Institute Of Business

Burnout doesnтАЩt happen after a few late nights at the office, or a couple of long days at the end of a quarter. Employee burnout occurs when there is long-term neglect of what your staff needs in order to thrive in work and life.

Employers seeking to make sure their staff doesn’t experience burnout should do regular check-ins and promote тАЬmental health daysтАЭ. – Shape

Work/Life Balance Helps You Find Balance 

Okay, this one is obvious. But, well established work/life balance takes practice. Since poor balance can affect many aspects of life, itтАЩs important to look at it from all sides. Here are some COO Alliance blogs to point you in the right direction:

  • Mapping out goals for the year (read blog)
  • How to say тАШnoтАЩ and feel good about it (read blog)
  • How to find balance with your team through technology (read blog)
  • The importance of time tracking for your business (read blog)

These blogs are meant to help you mark clear boundaries around when your team is тАШonтАЩ and when they are тАШoffтАЩ. So, use them as a guide to help you strike a balance!

Work/Life Balance Leads To Lower Turnover

There have been many studies and investigations into the connection between work/life balance and employee turnover.

тАЬEmployees need time to recharge. Stress is incredibly common in the North American workplace, and it has detrimental effects on employees.тАЭ – Forbes

The nature of employment is changing. Employees are more focused on what matters and would rather opt for a job that supports their way of life. Poor work/life balance can lead your team members to seek employment elsewhere.

Make sure youтАЩre doing everything you can to promote a balanced lifestyle in order to keep staff healthy and happy.

While itтАЩs casually talked about a lot in the business world, work/life balance is something we should all be taking more seriously. As our ability to be available for work becomes more prevalent, finding balance has never been more important!

If you have questions or would like more information, IтАЩd be happy to help. Please send an email, and my team will get in touch with you!

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Written By Cameron Herold

Written By Cameron Herold

Cameron Herold is known around the world as THE CEO WHISPERER. He is the mastermind behind hundreds of companiesтАЩ exponential growth. CameronтАЩs built a dynamic consultancy: his current clients include a тАЬBig 4тАЭ wireless carrier and a monarchy. What do his clients say they like most about him? He isnтАЩt a theory guyтАФthey like that Cameron speaks only from experience. He earned his reputation as the CEO Whisperer by guiding his clients to double their profit and double their revenue in just three years or less. Cameron is a top-rated international speaker and has been paid to speak in 26 countries. He is also the top-rated lecturer at EO/MITтАЩs Entrepreneurial Masters Program and a powerful and effective speaker at Chief Executive Officer and Chief Operating Officer leadership events around the world.

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