KeyChanges
Business globalisation
- In a globally international economy, employees need to have an effective
work-life balance to enable them to work effectively across culture
and time zones in dynamically changing business environment; companies
in USA even address the needs of employees who have to be in touch
with the other side world by providing a 'fully equipped' home office
and permitting such staff to set their own business hours;
Diversity of customer and workforce base - With the internationalisation
of many major cities including Singapore, having a workforce, which
enjoys a work-life balance will ensure respect for corporate citizens
as there is an increasing concern world-wide for the balance. In fact,
western economies have dedicated organisations and strong governmental
support for work-life balance; some even incorporate work-life balance
concerns into either the employment contract or the collective agreement
with the Union at the workplace;
Changing labour demographics - The changing profile in
the employment marketplace demands fulfilling of completely different
needs. Whilst older generations were willing to commit entire lives
to work for job security and life time employment, the new generation
of workers are knowledge workers who perceive life employability comes
from constant lifelong learning and not from claimed assurance of
employers of life time jobs; these younger workers demand a balance
between work and life;
Legal obligation and social trends
- Fair employment practices and a workplace free of discrimination
and harassment is a clear signal to employers that for business to
succeed and thrive, exploitation of labour to work long hours is just
not allowed; the demand for fostering and creating family friendly
policies is becoming a must
Workplace relationships - As more diverse workforce is
recruited, organisations need to adapt their culture to the working
environment to enable people to work effectively.