Work/life balance is a commonly discussed concept among employees, employers, and labor market observers alike. A good balance between work and nonwork activities (i.e., family, hobbies, travel, personal health, etc.) is understandably desired by employees.
In addition, though, employers and those who study labor markets also appreciate the benefits that companies promoting a healthy work/life balance can accrue. These benefits can affect employee recruitment, retention, morale, and productivity.