This paper discusses the challenges regarding Human Resource Managemente that Multinational companies and cooperations (MNCs) face, with a special focus on the aspect of the work-life balance of those employed.
There are a vast number of challenges faced by MNC’s in terms of Human Resource Management – in the following simply referred to as HRM. Next to overall challenges like recruiting and hiring the right people for the right job and providing training to enhance their skills, there are many more challenges HRM has to deal with accordingly.
After defining the concepts of work-life balance and work-family conflict, this papers goes on to discuss different factors that play a role in this concepts. The focus first lies on the demographic factors, then follows the immediate social environment and technology and telework, and lastly, additional work conditions. The next part of the paper focuses on the issue of work-family conflict and the resulting costs for the company. Logically, the ensuing chapter discusses ways in which MNCs can support the work-life balance.
Inhaltsverzeichnis (Table of Contents)
- 1. Introduction
- 2. Definitions of work-life balance and work-family conflict
- 2.1. Definition of work-life balance
- 2.2. Definition of work-family conflict
- 3. Important factors for work-life balance
- 3.1. Demographic factors
- 3.2. Immediate social environment
- 3.3. Technology and telework
- 3.4. Additional work conditions
- 4. Causes for work-family conflict and resulting costs
- 4.1. Causes for work-family conflict
- 4.1.1. Change and insecurity
- 4.1.2. Immediate social environment
- 4.1.3. Job demands
- 4.2. Costs/Results of work-family conflict
- 5. Possibilities for MNC's to support WLB
- 5.1. Measures
- 5.1.1. Ensure accurate communication!
- 5.1.2. Leaders and mentors
- 5.1.3. Establish good working environment
- 5.1.4. Provide support for employees
- 5.1.5. Technology/Telework
- 5.1.6. Improve overall working conditions
- 5.1.7. Increase family-friendliness
- 5.1.8. Promote health management
- 5.1.9. Additional suggestions
- 5.2. Effects
- 6. Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This bachelor thesis explores the challenges faced by multinational corporations (MNCs) in terms of Human Resource Management (HRM) with a specific focus on work-life balance (WLB). The thesis aims to understand the key factors influencing WLB, identify the costs associated with an imbalanced WLB (work-family conflict), and explore how MNCs can effectively support employees to achieve a healthy WLB.
- The definition and significance of work-life balance and work-family conflict
- The impact of various factors on work-life balance, including demographic influences, social environment, technology, and working conditions
- The causes and consequences of work-family conflict, including the costs associated with an imbalanced work-life balance
- Strategies and measures that MNCs can implement to promote and support work-life balance among their employees
- The potential effects of these strategies on employee well-being and organizational performance
Zusammenfassung der Kapitel (Chapter Summaries)
- Chapter 1: Introduction - This chapter introduces the multifaceted challenges faced by MNCs in HRM, highlighting the importance of work-life balance as a crucial strategy for employee retention and organizational success. It establishes the context for the thesis and introduces the research question: What factors influence WLB, what are the costs of work-family conflict, and how can MNCs support their employees to achieve a healthy WLB?
- Chapter 2: Definitions of work-life balance and work-family conflict - This chapter provides clear definitions of work-life balance and work-family conflict, laying the foundation for understanding these concepts throughout the thesis.
- Chapter 3: Important factors for work-life balance - This chapter delves into the key factors influencing work-life balance, exploring the impact of demographic factors, the immediate social environment, technology and telework, and additional work conditions.
- Chapter 4: Causes for work-family conflict and resulting costs - This chapter examines the various causes of work-family conflict, including changes and insecurity, social environment, and job demands. It also explores the potential costs and consequences associated with an imbalanced work-life balance.
- Chapter 5: Possibilities for MNC's to support WLB - This chapter presents various strategies and measures that MNCs can implement to promote and support work-life balance among their employees. These include communication strategies, leadership development, fostering a positive work environment, providing employee support, leveraging technology and telework, improving overall working conditions, promoting family-friendliness, and encouraging health management.
Schlüsselwörter (Keywords)
The key focus topics and concepts of this bachelor thesis include work-life balance, work-family conflict, Human Resource Management, multinational corporations, employee well-being, organizational strategies, talent management, and employee retention.
- Citation du texte
- Tanja Königsgruber (Auteur), 2017, Work-Life-Balance. Human Ressource Management Challenges of Multinational Companies, Munich, GRIN Verlag, https://www.grin.com/document/1366628
