Work Life Balance (WLB) is represented by a value of 50-150% R(Co/Ev)

The distance between income and the Employee Economic Value of Time

A Tech Company

The company manufactures hard disks in the area of Bangkok in Thailand. It employs 125 employees. An audit of Employee Economic Value of Time revealed that the Corporate WLB ratio was at only 19%, showing a great gap between the salaries and the EEVT values. Most times, the cost of free time for employees was too expensive due to family obligations, health, age, or financial issues, leading to a bad WLB quotient.

Without touching salaries at all, the company has been able, in some cases, to re-formulate schedules, days, assignments, and remote work, and in others, significantly improved the WLB of their staff. After these changes, a second audit has been conducted, where employees have recalculated their results.

The corporation has improved the work-life balance of its people by 40%