Unformatted text preview: Running Head: FIG TECHNOLOGIES WORK-LIFE BALANCE Fig Technologies: Work-Life Balance
Dominique Jones Oliver
Columbia Southern University 1 FIG TECHNOLOGIES: WORK-LIFE BALANCE 2 Fig Technologies: Work-Life Balance
High performance organizations such as Fig Technologies has been able to achieve some
key advantages in developing their organizational environment. Developing key employees as
well as building a growing leadership is one of the many task organizations take on in order to
keep their competitive advantages. Providing employees with a flexible schedule in order to
allow them the right balance between their work and home responsibilities can go a long way in
retaining key talents in the organization. In order to retain the organization’s key talents, Fig
Technologies will want to encourage flexible work schedules for their employees to reduce
workplace stress, to cut down health related cost, as well as reduce the organization’s turnover
Gender Demographics in the Workplace
Data collected worldwide shows that women earn only about 66% of their male
counterparts earning (Bell, 2017) and are much more likely to be impoverished. This data can be
observed in impoverished communities that are described as being feminized with the
disproportionate number of women that are unemployed or underemployed in those areas. In
regards to the metaphorical glass ceiling, the bar is actually set relatively low. Few women as
well as minorities, are are able to advance past the second level of management positions in an
organization (Bell, 2017). This suggest that women are likely to be far lower on the
organizational ladder, than being close to the metaphorical glass ceiling.
There are some biological difference between men and women that have been observed
in several scientific studies. Generally, men will spend more time on the pursuit of power,
whereas women tend to focus on building relationships, cooperation, and communication FIG TECHNOLOGIES: WORK-LIFE BALANCE 3 (Greenberg & Avigdor, 2009). This could have an impact on how both demographics may contribute to an organization. Both men and women provide valuable motivations in their work
that can be used to the organization's advantage. In business, relationship building between other
companies, personnel, and clients can be important to increasing the bottom line. Since women
are more focused on building relationships, organizations can leverage their ability in order to
gain loyalty with their clients and business partners.
Advantages of Flexible Work Schedules and Responsibilities
A flexible schedule in a workplace could dramatically reduce stress and alleviate
constraints against employees that may have important responsibilities outside of the workplace.
Many working parents are faced with time constraints, and as a result, become more focused on
their responsibilities outside of their workplace during working hours, causing them to feel
stressed. The cost of stress incurred by employers could potentially amount to the increased cost
in health benefits, number of sick days, as well as the cost to replace talented employees.
However, when people work in a positive environment, they tend to feel less stress, and when
employees are consistently experiencing low levels of stress, they can makes well reasoned and
ethical business decisions (Greenberg & Avigdor, 2009). This may be the reason why people
make the best decisions when they are not under stress. Human resources should considered
an on site child care facility in order to contribute to a lower stress work environment that could
greatly benefit working parents of younger children.
Success is a goal that every employee wants to achieve, including working parents. The
majority of working parents want to be successful both at their workplace, and in their homes if
given the correct balance their work and home responsibilities. Nearly 90 percent of working
mothers like working and would want to stay on the job if there were no obstacles to their FIG TECHNOLOGIES: WORK-LIFE BALANCE 4 working full-time, part time, or in a flexible arrangement (Greenberg & A
vigdor, 2009). This will
give employers an advantage in retaining talented employees if they allow working parent a
more flexible in order to meet their needs. Working parents, especially working mothers are
more effective in the workplace (Greenberg & Avigdor, 2009). Working mothers are ambitious
and motherhood provides them with great training that is applicable to the challenges present in
the workplace. Woman have a powerful tool that can give them an advantage in the workplace,
that is their intuition. Being able to use their whole brain in order to make difficult business
decisions that would otherwise be made while separating emotions from logic.
High Performance Organizations Achieves Work-Life Balance
Businesses in the United States loses more than $300 million every year due to
absenteeism, turnover, diminished productivity, medical, legal and insurance expenses as it
relates to employee stress, roughly ten times the amount of a workplace strike (Greenberg & Avigdor, 2009). When stress is experienced by employees for long periods of time, they can
start to experience physical symptoms that will cost employers, and impact their bottom line.
Worker's fatigue is more common in woman and could potentially cost U.S. employers over
$136 billion every year in health related cost as well as losses in productivity (Greenberg & Avigdor, 2009). Creating a reduced stress workplace can alleviate some of the health related
cost incurred by business as it relates to employee’s health. Working parents become less
productive in the workplace when they are concerned about child care, leading to an increased
amount of stress during working hours (Greenberg, 2010). This could be an opportunity for
human resources to implement a subsidized on site child care facility in order to greatly reduce
the stress of working parents, potentially impacting productivity and bottom line profits. FIG TECHNOLOGIES: WORK-LIFE BALANCE 5 Conclusion
Employee's that are happy in their workplace are highly engaged in their jobs. So, for a
business to be considered a high performance organization, their employee's need to be happy
and engaged. Being happy at work allows employees to be their most fulfilled self. Employers
that are forward thinking already understand the advantages of fostering happier employees,
and that happiness reflects positively on the employer's bottom line. Essentially, happiness
equals better profits. “Fostering happy employees is the single greatest transformation a
company can undergo to retain talent, improve its competitive position, and increase its top line
revenue (Greenberg & Avigdor, 2009).” Fig technologies goal in creating a low stress, positive,
and profitable work environment can be achieved by proving their employees with flexible
scheduling as well as subsidized on site childcare facilities. FIG TECHNOLOGIES: WORK-LIFE BALANCE 6 References Bell, M. P. (2017). Diversity in organizations. Boston, MA: Cengage Learning.
Greenberg, C., & Avigdor, B. S. (2009). What happy working mothers know: how new findings
in positive psychology can lead to a healthy and happy work/life balance. Hoboken, NJ:
John Wiley & Sons. ...
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- Summer '14
- Managing Diversity, Diversity.