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Companies that offer work/life balance options attract and
retain the best employees, as well as allowing these
employees to do their best work.
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Studies have found that the cost for replacing lost talent
is 70 to 200% of that individual's annual salary.
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57% of
graduating business students believe work/life balance to be
their top career goal, up from 45% just two years ago. (PriceWaterhouseCoopers)
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"...because most companies have work schedules that
typically do not give employees time to do routine personal
tasks-such as picking up their laundry, waiting at home for
a delivery man or a variety of other miscellaneous errands-
emerging work/life program employers may want to consider a
corporate concierge." The National Report on Work & Family
(USA)
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The
majority of over 800 respondents to a William Mercer
survey believe that work/life balance programs have a
positive impact on employee attendance, morale, and
productivity.
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88% of
employees said that their jobs require them to work longer
hours and at greater speeds. 1997 National Study of the
Changing Workforce.
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The
biggest concern among young workers is not having enough
time for family and work responsibilities. 1999 Study by
High Hopes
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"...HR
professionals describe such services as a smart investment,
one that pays off in easier recruitment and retention, and a
better blend of personal and professional life." HR
Magazine, 2000
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