What is wlb, wlb in various spheres, importance

1. Psychology Presentation
Rajal Singhal B002
Harsh Loonia B020
Akriti Shah
B024
Saachi Singla B050
Saloni Doshi B057
Stuti Kathuria B062

2. What is work-life balance?
• Work-life balance is a concept including
proper prioritizing between “work” and
“lifestyle”.
• Being aware of different demands on time
and energy and being able to allocate
them judiciously.

3. • Myth - Work life balance means spending 50%
of your time at work and 50% of your time at
home.
• Reality - Work life balance occurs when
individuals possess mental, physical and
emotional resources and allocate those
resources in a way that leads to fulfillment of
their professional and personal goals.

4. Meaning
• Achievement
- Conquering or
winning something
• Fulfillment
- Fulfilling pride
- Sense of satisfaction
- An accomplishment
- Happiness
- All joys of living

5. Why is work-life balance important?
• Our lives are busy and we get onto the 'treadmill
of life'.
• Something that you VALUE is not in alignment
with your current REALITY.
• Recent search says that more than 55%
respondents are not able to find a WLB.
• More stress and lack of concentration in work

6. Reasons for imbalance
• Competition
• Individual Career Ambitions
• Global Economy
• Longer working hours
• Attention demanded by the family

7. Disadvantages
Individual Level = Low Happiness
• Neglect family – elderly and the children
• General dissatisfaction: with the job, family
• Decreased self-esteem, creativity and personal
balance
• Stress
• Increased expectations

8. Disadvantages
Company level = Low Competitiveness
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Low productivity
Negative image
Increased absenteeism
Decrease in employee commitment
Talent drain
Negative atmosphere in the company

9. Solutions – Individual Level
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Set goals around what you value highly
Drop activities that sap your time or energy.
Maintain a healthy lifestyle
Team Building Activities
Take a Vacation

10. Solution – Management level
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On the job training
Make work more flexible
Leadership
Flexible working hours for the employees.
Working at home

11. Healthy work-life balance leads to :
 EMPLOYEES
 COMPANY
• Feel more rested and
energized
• Fulfillment from work
• Stress reduction
• Better physical and
mental health
• High productivity
• Getting and keeping
the right staff
• Healthy and
interactive
environment

13. The wheel of life
• The concept was originally created by Paul J. Meyer,
founder of Success Motivation® Institute.
• A tool by which you and I can ascertain our priorities,
needs and how balanced our life really is.
• The Wheel of Life is powerful - vivid visual representation
of the way your life is currently, compared with the way
you'd ideally like it to be.
• It is called the "Wheel of Life" because each area of your
life is mapped on a circle, like the spoke of a wheel.

15. Regus Survery
• Reveals – Gen X and Gen Y are better in
maintaining WLB than Baby Boomers.
• Survey Sample - 26,000 professionals
from 90 countries
• Indians are happiest at work, followed by
Mexico

16. Source:
Times Of India
August 24,
2013

17. Traditional work/life pattern
New work/life pattern
1. Work for an employer - live for the
weekends and holidays - worry a lot and be
generally unable to control your own destiny.
1. As soon as possible, work for yourself or
for decent employer(s), doing various things
you love - (tip - you might need to rediscover what you really love).
traditional v modern work/life patterns
2. Maybe start your own business still doing
something you don't enjoy and continue to
worry and work slavishly.
2. Progressively ease off working to spend
more time learning and enjoying new things some of which will become new work.
3. Retire on a reasonable pension at 60 or 65,
or 55 if you are lucky - continue to worry,
and now add feelings of regret and maybe
even bitterness.
3. Don't worry about retirement because it
can actually kill you (the worry and the
retirement), and the pension system is shot to
pieces anyway - try to save, but most
importantly stay happy and productive.
4. Rapidly decline due to lack of stimulus and 4. Keep learning and developing and doing
die quite soon.
new things - eat well, keep fit, and be good to
people.
5. What was the point of it all?...
5. Live long and happy - still working a little
and always learning and enjoying new things.

18. Morgan and Stanley Case Study
The Challenge
• Provide the best possible environment for it’s
employees
The Response
• Developed Balance-works

19. Balance-work initiative at Morgan
Stanley
• Monthly work-life seminars
• On-site fitness centre
• On-site cafeterias
• Occupational health services
• FLEXOPT policy – flexible working
arrangements

20. Famous Personalities

21. Countries

22. SURVEY
on teachers

23. THANK YOU
“ Life is like riding a bicycle. To
keep your balance you must keep
moving.”
- Albert Einstien