Executive Summary 3
1. Problem Statement/ Symptoms 4
2. Literature Review 5
3. Consequences 6
4. Solutions 8
Pros and Cons of the Solution
5. Precautions 13
Pros and Cons of the Solution
6. Conclusion 15
7. References 16
8. Appendix 17
The Case
Executive Summary
The purpose of this case is to understand the situation and the problem the organization has faced and gives possible solutions. The company is conducting work life balance concept to improve the employee satisfaction. Work life balance is intended to maintain the balance between work life and personal life. That is favorably effect to the organization as well as the employees.
YTB Bank has faced high absenteeism situation. Even though absenteeism is the practice of regularly staying away from work, here I have identified the absenteeism as a main problem in the case. Therefor I have acknowledged what “Absenteeism Management” is?. There are many forms to prevent from the absenteeism. Here, I have identified a few of them. Since the organization has faced the problems regarding the absenteeism, I have identified the possible solutions to get rid from that. But there are benefits and difficulties that the manager and the employees can face.
Here the implementation of work life balance has gone the wrong way. The reason is, employees do not understand the right implementation of the concept. Because of that they are requesting more flexibility from the manager.
For the problem of the case, I have selected the best practices manager can implement. Apprentice employment is the best practice to solve the problem. But there are pros and cons of apprenticeship. There are financial, labor disputes and disadvantages of contract basis employment. I have given a possible solution to get rid of those problems. Finally, I recommend the possible solutions which can implement by the company.
References: Dayarathne N W K D K. (2007) Human Resources Management Theory and Practice, Colombo: S.Godage & Brothers Snell.Bohlander.Vohra