Friday, May 26, 2017

Work-life Balance is a Myth

Malaysian employers, together with their counterparts in Singapore and Hong Kong, are ignoring the importance of work-life balance – this conclusion came from a study by recruitment firm Randstad.
Based on this year’s Randstad Employer Brand Research, the significance of work-life balance has continued to rise to become one of the most important attractiveness factors in the above-mentioned countries.
Employers in all three markets performed “so poorly in the aspect of work-life balance that the factor ended close to the bottom of the ranking”, Randstad pointed out yesterday.
Financial health and good reputation are ranked the highest for employers.
But to potential employees, a company’s financial health is considered “fairly important”, although good reputation is not much of a priority.
This, according to Randstad, further highlighted the expectation gap between employers and employees.
A gap in expectations of a pleasant work atmosphere was also found between employees and employers. The attractiveness factor ranked fairly highly among employees.
However, employers scored poorly in this area – just one position higher than work-life balance – the study revealed.
Randstad Singapore, Hong Kong and Malaysia managing director Michael Smith reiterated: “It’s widely known that work-life balance has become highly important for employees of all demographics. Our research just reaffirmed and measured that attribute”.
Smith added: “The stakes are high for these organizations. By not addressing the evolving wants and needs of employees, they risk losing the very talent that helped them build their strong reputations and financial health”.
I don’t believe most companies care enough about work-life balance. It's just a myth.

And sad to say, most of us are slaves to our jobs too.

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