The Role of Work-Life Balance in Tech Companies in Dublin and How to Improve Corporate Performance as well as the wellbeing of employees.

Reich, Alisa Viktoria (2020) The Role of Work-Life Balance in Tech Companies in Dublin and How to Improve Corporate Performance as well as the wellbeing of employees. Masters thesis, Griffith College.

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Over the last decade, the changing geographical and temporal boundaries between work and private life became a characteristic of Ireland's evolution into a "new, stronger economy" (James, 2011). Without a doubt, this major change has resulted in several factors shaping today's Irish working environment, such as the globalization of competition, demographic changes, including an increasing number of women in the workplace, changes in work patterns and requirements, as well as the fast development in technological innovations lead to more connectivity and accessibility around the clock (Darcy et al., 2012; Leonardi et al., 2013; Poelmans et al., 2008). The world of business is changing rapidly and unpredictably, making it increasingly difficult to maintain a balance between work and private life (Skorska, 2019). Based on this fact, the present dissertation aims to analyse the term Work-Life Balance in more detail, to examine its meaning and its impact on Tech Companies in Dublin, and to find ways to improve corporate performance and employee wellbeing by also understanding their motivational factors. The theoretical background of the study includes a thorough literature review in understanding the term Work-Life Balance and its outcomes, the changing world of work, generational differences, Work-Life Balance programs, employee motivation and the impact of the Corona Pandemic on day-to-day work life. Therefore, this explorative study aims to examine the lived experience of Irish tech employees in terms of Work-Life Balance and their perception as well as the problems they have faced so far. Based on a review of the literature on Work-Life Balance, semi-structured interviews were conducted, which comprise the empirical data of this study. The analysis of the qualitative data showed that most Tech Companies offer WLB policies/benefits and place a lot of emphasis on corporate culture, which is highly appreciated by the employees. Nevertheless, the data collected showed that WLB policies/benefits alone are not sufficient to improve the wellbeing of employees, and that companies' policies should be better analysed and adapted to the needs of their employees. On this basis, it is recommended that companies could, for example, conduct regular surveys on the Work-Life Balance experience of their employees and find out what their recommendations and wishes are to make improvements to the WLB concept. Ultimately, further research is needed to improve the Work-Life Balance experience of Tech employees in the long-term.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Work-Life Balance, Tech Companies and corporate performance.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HM Sociology
Divisions: Graduate Business School > MSc in International Business Management
Depositing User: Ms Tehseen Faisal
Date Deposited: 06 Mar 2021 21:18
Last Modified: 06 Mar 2021 21:18

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