Work life balance

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Chapter One: Introduction Problem Statement: A significant problem in today’s organizations is the high employment turnover rate of Generation Y employees (employees ages 19- 33). Research supports that Generation Y-ers tend to change employees and professions more than any other generations due to the lack of work life balance policies (Rizzo, 2009). Research Question: Will incorporating work life balance policies in organizations reduce the employment turnover rate amongst individuals of Generation Y? Hypothesis: If human resource managers adopt and incorporate work life balance policies into the workplace then the turnover rates amongst Generation Y employees will decrease as measured by an increase in retention rates amongst the Generation Y population. Chapter Two Review of Literature Reducing Turnover Rates Amongst the Generation Y Population by Incorporating Work life Balance Policies: A Review of the Literature The case study highlights the different attitudes that each generation feels towards work life balance. Research suggests that Generation Y-ers and Baby Boomers have different values (Rizzo, 2009). For instance, younger employees view work life balance as essential and work life balance is viewed as one of the most important job satisfaction factors (Laia, Chang, & Hsu, 2011). However, research suggests that this is not as important amongst the Baby Boomers. HR Professionals also reported that acceptable work hours are the main source of conflict between these generations. Baby Boomers were more likely to make complaints about “younger employees’ willingness to work longer hours” (Rizzo, 2009). Furthermore, a researcher from Northern State University, Stephanie Kodatt, emphasized that Generati... ... middle of paper ... ... Summary The correlational research design included Generation Y-ers and Baby Boomers. It specifically examined the relationship between work life balance and retention rate amongst Generation Y-ers. It also measure if there was a difference between Generation Y-ers and Baby Boomers feelings towards work life balance. References Kodatt, S. (2009). I Understand "You": Leadership Preferences Within the. 1-6. Laia, S. L., Chang, J., & Hsu, L. Y. (2011). Does Effect of Workload on Quality of Work Life Vary With Generations? Asia Pacific Management Review, 1-16. Rama, D. V., & Nagini , A. (2013). Work-Life Balance and Burnout As Predictors of Job Satisfaction in Private Banking Sectors. Skyline Business Journal, 1-5. Rizzo, R. (2009). Creating Synergy in a Four-Generation Workplace. . Society for Human Resource Management, 1-34.

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