Acceptable Work-Life Balance

One of the benefits of achieving an acceptable work-life balance for an employer is a reduction in staff turnover, which means that less staff is likely to move onto another company; this creates a stable workforce in which the employees are happy and office runs more efficiently. In addition, this leads to lower recruitment and training costs as the staff are likely to already be qualified and only advancements on training would need to be provided. Whereas with new staff, they would need to be fully trained which can be costly as well as the cost in which to find the new staff (recruitment costs) using recruitment agencies.
Another advantage to having an acceptable work-life balance, is that the current staff is likely to stay which increases the retention of staff; meaning the staff are likely to be more committed and loyal to the employer. Furthermore, due to the constants within the working environment; staff stress levels are likely to be reduced, which therefore aids in raising staff morale. This in turn, also contributes to a higher level of productivity within the workplace as well as employee job satisfaction, which can also have an impact on reducing the level of absences within the workplace

In addition, personal development aids the employer in identifying possible employees, which may have the potential to excel. Furthermore, this can increase morale within the workplace and motivate other staff to improve, in addition to encouraging staff to contribute new ideas to the organisation to develop their working environment. In conclusion, by linking training to company SMART (Specific Measurable Attainable Realistic Timely) targets, the business itself and the staff can benefit and therefore improve