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Recession and work-life balance initiatives

Naithani, Pranav (2010): Recession and work-life balance initiatives. Published in: The Romanian Economic Journal , Vol. 13, No. 37 (September 2010): pp. 55-68.

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Abstract

Work-life balance has emerged as an important human resource management aspect for employers. Globally, a wide gamut of work-life balance facilities is being provided by a large number of organisations. Recent economic downturn has witnessed a sudden interruption in the spread and growth of work-life balance facilities. This paper presents the key recessionary reasons which have negatively influenced employee work-life balance. Further, important recession specific benefits which organisations can avail due to enhanced employee work-life balance have been presented followed by suggestions for adapting work-life balance facilities under current economic downturn as well as in any such situation in the future.

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