work-life balance

Examples of work-life balance in the following topics:

• The Importance of Work-Life Balance

  • Managers are increasingly aware of the importance of promoting a healthy work-life balance for employees, which increases job satisfaction.
  • While such access does allow them to spend more time at home, it has blurred the lines between work and life.
  • While telecommuting eliminates the need to drive to the office, the ability to work from home can make work consume a person's life.
  • As with most things in life, moderation is the key.
  • Illustrate the way in which technological advances and competitive economies are eroding the work-life balance and how human resource professionals can offset the 24-7 demands of the workplace

• Moving to Flexible Work Schedules

  • Employers can offer flexible working arrangements in the form of flextime and telecommuting work.
  • Companies have begun to recognize how important a healthy work-life balance is to the productivity and creativity of their employees.
  • Research by Kenexa Research Institute in 2007 showed that employees who were more favorable toward their organization's efforts to support work-life balance also indicated a lower intent to leave the organization, greater pride in their organization, a willingness to recommend the organization as a place to work, and higher overall job satisfaction.
  • Employers can offer a range of different programs and initiatives that support such a work-life balance.
  • This arrangement is also quite popular in circumstances of sick leave, pregnancy, parenting, and other important life events.

• Childcare

  • Providing benefits such as childcare, maternity/paternity leave, flexible working, and emergency leave is critical for helping employees keep a healthy work/life balance.
  • New parents need more than childcare to fully balance work and life demands.
  • Employees who are afraid of getting in trouble for having to leave work early will be less loyal, less focused and more anxious about the demands of their home and work lives.
  • Trusting employees to get the job done when and how they can, and providing a flexible and family-oriented work culture, is an incredible advantage.
  • This image shows children at a daycare, where employee children can socialize and learn while the parents are at work.

• Flextime

  • Under flextime, workers are allowed to determine their work schedule instead of working during the standard hours of 9 a.m. to 5 p.m.
  • Flextime works well for parents when both parents work.
  • Her husband may go to work later, to see the children off to school, and thus stay at work later.
  • Flexitime is a variable work schedule, in contrast to traditional work arrangements requiring employees to work a standard 9 a.m. to 5 p.m. day.
  • The advantages of flexitime for the individual include: better work-life balance, less commute, less fatigue, more days off, and lower sickness.

• Preparation of the Balance Sheet

  • Balance sheets are usually prepared at the close of an accounting period.
  • Fixed assets include furniture and fixtures, motor vehicles, buildings, land, building improvements (or leasehold improvements), production machinery, equipment and any other items with an expected business life that can be measured in years.
  • Liabilities are arranged on the balance sheet in order of how soon they must be repaid.
  • Any other obligations to creditors due within one year of the date of the balance sheet
  • Accrued payroll taxes would be any compensation to employees who have worked, but have not been paid at the time the balance sheet is created.

• Being Aware of Off-Balance-Sheet Financing

  • Off-Balance-Sheet-Financing represents rights to use assets or obligations that are not reported on balance sheets to pay liabilities.
  • Off-Balance-Sheet-Financing is associated with debt that is not reported on a company's balance sheet.
  • An example of off-balance-sheet financing is an unconsolidated subsidiary.
  • Another example of off-balance-sheet financing is an operating lease, which are typically entered into in order to use equipment on a short-term basis relative to the overall useful life of the asset.
  • Jeffrey Skilling is the former CEO of Enron, which was notorious for it's use of off-balance-sheet-financing.

• Vertical Checks and Balances

  • Checks and balances is a governmental structure that gives each of the branches a degree of control over the actions of the other.
  • To prevent one branch of government from becoming supreme, to protect the minority from the majority, and to induce the branches to cooperate, government systems employ a separation of powers in order to balance each of the branches.
  • This is accomplished through a system of checks and balances which allows one branch to limit another, such as the power of Congress to alter the composition and jurisdiction of the federal courts.
  • Federal judges serve for life.
  • White working men, almost all women, and other people of color were denied the franchise until later years.

• Factors for Calculating Depreciation

  • Estimated useful life of the asset.
  • Useful life refers to the window of time that a company plans to use an asset.
  • Useful life can be expressed in years, months, working hours, or units produced.
  • The following four methods allocate asset cost in a systematic and rational manner: straight line, units of production, sum-of-years-digits, and double-declining balance.
  • This amount is disclosed on the income statement and is part of the asset's accumulated depreciation on the balance sheet.

• Copyrights

  • Formally registering a work is generally recommend because it provides additional legal protection against those who would copy the work.
  • Generally, most copyrights last for the duration of an author's life plus 70 years.
  • While a copyright is associated with a tangible work, since it is a legal right it is also classified as an intangible asset and can be included on a business's balance sheet.
  • This means that the book value of the copyright is divided by the useful life of the copyright to determine the amortization amount.
  • The useful life determines how long the business expects the copyright to provide it revenue, and therefore may not equal the full term of the copyright.

• Compositional Balance

  • Compositional balance refers to the placement of the artistic elements in relation to each other within a work of art.
  • Just as symmetry relates to aesthetic preference and reflects an intuitive sense for how things "should" appear, the overall balance of a given composition contributes to outside judgments of the work.
  • Creating a harmonious compositional balance involves arranging elements so that no single part of a work overpowers or seems heavier than any other part.
  • When both sides of an artwork on either side of the horizontal or vertical axis of the picture plane are the same in terms of the sense that is created by the arrangement of the elements of art, the work is said to exhibit this type of balance.
  • Categorize the elements of compositional balance in a work of art