Balancing work and life is a growing challenge for younger workers as they mature and take onmore responsibilities, both in the office and at home. And thechallenge is not limited to the U.S. workforce.
|One-third of full-time workers say that balancing work and lifehas become more difficult over the last five years, according to anew study by Ernst & Young in New York City. Nearly 9,700full-time workers in eight nations participated in the onlinesurvey.
|“We were especially interested in millennials, who are facing aperfect storm of increased responsibilities by moving intomanagement and becoming parents simultaneously," said KarynTwaronite, EY global diversity & inclusiveness officer.
|The top five concerns around work-life balance cited byrespondents are increasing expenses and stagnant salaries; increased responsibilitiesat work; more responsibilities at home; working longer hours; and having children.Among the other significant findings:
German and Japanese workers are most likely to report work-lifebalance issues.
Increased duties at work (50 percent) and home (40 percent) arecited as a problem by millennials and Gen Xers.
Parents face greater difficulties than non-parents in the UnitedStates, Germany, the United Kingdom and India.
Forty-six percent of managers globally report working more than40 hours a week.
Forty-seven percent of millennials have seen their work hoursincrease, compared with 38 percent for Generation X and 28 percentfor baby boomers.
The study also found that American workers are willing to makecareer changes to better manage work-life issues, with 54 percentsaying they would be willing to pass up a promotion, move closer totheir families or accept a pay cut in exchange for greater flexibility.
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