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Work /Life Balance 

What is it?
Work-life Balance is a subjective and ill-defined concept. One of the problems is that only the individual concerned can decide if they have achieved it!

Basically it is finding that point at which you are happy with your lot. For example you could decide that the ideal balance would be a 25 hour week as this would (subject to other commitments) give you 30 hours of leisure time. But, if you reduce the amount of time you work, most people also reduce the amount of money they earn. And it is not exactly rocket science to see that you might not have enough money to enjoy all those extra leisure hours!

So part of the work life balance is deciding what you want out of it. You might like to consider creating a policy for your workplace that sets out what a workplace balance means. It could be improving morale, reducing working hours, dealing with stress or retention of staff. But it should mean defining it so that you can measure it-and therefore assess progress towards it.

How does your life balance?
Unless your business is well organised and structured it is extremely likely that your own work life balance comes crashing down on the side of work. Ask yourself how many times in the past couple of months you have:

  • Worked more than a 40 hour week?
  • Been late for a family appointment or event because of work?
  • Been the last to leave the building more than 2 days on the trot?
  • Felt resentment because it was a nice day to be outside instead of being stuck in work?
  • Got too much pressure at work?
  • staff turnover high?

Think of all those trite, but true, sayings like:

  • You only get one life.
  • The children are only young once.

Then realise that they are talking about you as well as others! Also, they are talking about your business, your workplace or your staff. Change how things work and not only will you benefit but your business will benefit from happier, more motivated staff. Staff that do not keep an up-to-date copy of their CV in case today is the day that they get fed up and walk out on you.

If you are the business owner then the only one that can significantly alter the work life balance is you. So you have to change things. Because if you don't then you will be doing exactly the same thing you have been doing over the past few months in 5, 10 or even 25 years time.

How do you find out what to change?
It is very hard to be objective about yourself. So most people need help in deciding what to change and how - and that means using Jonathan Vowles Chartered Accountants as consultants. But you have to remember that if you are going to change to make your workplace better for you and your staff, you have to start defining what better means.

So that is where our business advisors start to help you…

Contact us to arrange a short, free and no obligation meeting to discuss your work life balance and to find out how little it costs for us to help you.

 
Helping to Change The Numbers That Are Important To You
 

The information in this site is of a general nature and is not a substitute for professional advice. You are recommended to obtain specific professional advice before you take any action. © Jonathan Vowles Chartered Accountants. All Rights Reserved.

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