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Investing Time and Resources for Work–Life Balance: The Effect on Talent Retention

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  • José-Luis Rodríguez-Sánchez

    (Facultad de Ciencias Jurídicas y Sociales, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n 28032 Madrid, Spain)

  • Thais González-Torres

    (Facultad de Ciencias Jurídicas y Sociales, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n 28032 Madrid, Spain)

  • Antonio Montero-Navarro

    (Facultad de Ciencias Jurídicas y Sociales, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n 28032 Madrid, Spain)

  • Rocío Gallego-Losada

    (Facultad de Ciencias Jurídicas y Sociales, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n 28032 Madrid, Spain)

Abstract

The study of work–life balance has undergone significant development in recent years as a result of changes in society and the growing importance of human resources (HR) for companies. Taking into account that human capital represents a critical success factor for businesses, the current context requires the development and implementation of HR management strategies aimed at attracting and retaining the most talented workers in order to obtain the expected results. The objective of this paper is to present an integrated model of work–life balance strategies, including the impacts of the different policies and practices on the retention of talented HR, which can be a basis for further academic developments on this subject, as well as a roadmap for managers. Hence, we will analyze a case study carried out in a multinational company—a leader in the technology and tourism sectors, and importantly dependent on valuable human capital, for which the HR strategy aims to improve the performance of the firm in the medium and long term through analysis, planning, and flexibility.

Suggested Citation

  • José-Luis Rodríguez-Sánchez & Thais González-Torres & Antonio Montero-Navarro & Rocío Gallego-Losada, 2020. "Investing Time and Resources for Work–Life Balance: The Effect on Talent Retention," IJERPH, MDPI, vol. 17(6), pages 1-14, March.
    • Handle: RePEc:gam:jijerp:v:17:y:2020:i:6:p:1920-:d:332888
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    References listed on IDEAS

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    Cited by:

    1. Edina Molnár & Asif Mahmood & Naveed Ahmad & Amir Ikram & Shah Ali Murtaza, 2021. "The Interplay between Corporate Social Responsibility at Employee Level, Ethical Leadership, Quality of Work Life and Employee Pro-Environmental Behavior: The Case of Healthcare Organizations," IJERPH, MDPI, vol. 18(9), pages 1-16, April.
    2. Ka Po Wong & Fion Choi Hung Lee & Pei-Lee Teh & Alan Hoi Shou Chan, 2021. "The Interplay of Socioecological Determinants of Work–Life Balance, Subjective Wellbeing and Employee Wellbeing," IJERPH, MDPI, vol. 18(9), pages 1-24, April.
    3. Kapo Wong & Alan H. S. Chan & Pei-Lee Teh, 2020. "How Is Work–Life Balance Arrangement Associated with Organisational Performance? A Meta-Analysis," IJERPH, MDPI, vol. 17(12), pages 1-19, June.
    4. Juan A. Marin-Garcia & Tomas Bonavia, 2021. "Empowerment and Employee Well-Being: A Mediation Analysis Study," IJERPH, MDPI, vol. 18(11), pages 1-22, May.
    5. María-Carmen De-la-Calle-Durán & José-Luis Rodríguez-Sánchez, 2021. "Employee Engagement and Wellbeing in Times of COVID-19: A Proposal of the 5Cs Model," IJERPH, MDPI, vol. 18(10), pages 1-15, May.

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