The relationship between HRM, employee morale, and welfare in a business including the concept of work-life balance
How does HRM influence employee morale and job satisfaction?
HRM influences employee morale and job satisfaction by implementing policies and practices that promote a supportive work culture, fair treatment, opportunities for growth and advancement, work-life balance, employee recognition, effective performance management, and transparent communication. By addressing employees' needs and providing a positive work environment, HRM plays a vital role in creating job satisfaction, fostering loyalty, and increasing overall employee well-being.
What is the role of work-life balance in employee well-being and productivity?
Work-life balance plays a crucial role in employee well-being and productivity. It refers to the ability to effectively balance work-related responsibilities and personal life commitments. When employees have a healthy work-life balance, they experience reduced stress, improved mental health, increased job satisfaction, and enhanced overall well-being. This, in turn, positively impacts their productivity, motivation, engagement, and retention. Organizations that prioritize work-life balance create an environment where employees can manage their personal and professional lives,leading to higher job satisfaction, better work performance, and increased organizational loyalty and commitment.