work-life balance slowing down the treadmill 10 june 2008
TRANSCRIPT
Work-life balance
Slowing down the treadmill
10 June 2008
Engaging the challenge
• Changing demographics
• Tight labour market
• Productivity squeeze
Labour force participation rates
Source: Household Labour Force Survey: December 2007 Quarter
Labour force participation rates (55+)
0
10
20
30
40
50
60
Labour force participation rate forthose aged 55 years and over
% of working-age population
NZ
Sweden
US
Australia
Source: OECD Factbook 2007
New Zealand’s productivity
How can productivity be increased?
Why is employee engagement important?
- Only 25% of employees are full engaged- 17% were actively disengaged. - Earnings per employee - engaged $88, 581
- disengaged $34, 577- Older people tend to be more engaged
Productivity and employee engagement
The impact of low employee engagement
Employee engagement pilot study
• Work-life balance• Work-life initiatives• Workplace culture• Employee engagement• Discretionary effort• Productivity
Employee engagement and work-life balance
Employee engagement by work-life balance
0
10
20
30
40
50
60
70
80
90
100
good work-life balance neutral work-life balance notgood
per
cen
t o
f em
plo
yees
high engagement medium engagement low engagement
Importance of culture
Work-life culture by employee engagement
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
bottom 20% culture middle culture Top 20% culture
work-life culture
Top 20% engagement Middle engagement bottom 20% engagement
Building a work-life culture
Use of work-life initiatives is assisted by:
• Supportive managers• No career consequences• Reasonable time expectations• Gender neutral• Supportive co-workers
Limits on positive culture
• Hostile organisational culture or working environment
• Resistance of managers• Recruitment for similarity
• Poor communication
Creating organisational action
• Communication
• Implementation
• Measurement
• Middle management training
• Involving line managers
Franklin Kindergarten Association
• Inflexible classroom hours• Tight funding• Dispersed staff – 25
kindergartens
Work-life solutions
• Ask staff what they need• Allocate enough time for paperwork• Ring-fence holiday time• Support training and professional
development
The results
• Committed, motivated, trained staff• Staff turnover at 8% pa• 70 teaching positions are all filled• Savings of $300,000 in three years due
to teachers returning to work after parental leave
Steelbro – product knowledge critical
• Specialised product - 30%-40% of the global market in its niche
• Emphasis on retaining wealth of knowledge
• Reduced and flexible hours available, particularly for older employees
Meredith Connell – skilled staff, demanding work
• Winner of 2006 EEO Trust Work & Life Awards
• Specialised employees required for demanding work
• High rates of return from parental leave
• Individualised work-life solutions
• Older workers hold valuable corporate knowledge/history
Getting the best from people - consistency
Prior to this position, I averaged about 4 years in a job before moving. I have been here 12 years now with no plans to change. The reason – this is the first and only employer, whether public or private sector, I have worked for who has always done what they have said they would do, and that applied to all of my terms and conditions of employment, not just work-life balance. I therefore trust them and reward that trust with loyalty.
Getting the best from people – supporting them
Talking about having children is seen as a
weakness, having children is seen as
something that will hold you back and makes
you inflexible. There is no compensation or
reimbursement for additional childcare costs
incurred when travelling, and high
expectations of travelling up the night before
rather than being say one hour late for the
meeting start time.
www.eeotrust.org.nz