Objectives of Economic Growth and Development Essay -- Essays Papers

Goals of Economic Growth and Development Financial development is characterized by, in addition to other things, material capital arrangement, human capital arrangement and the formation of advancement. Put another way, financial development is dictated by the sums and kinds of capital and work that are contributed, and how they are used for creation. The target of financial development through monetary strategy isn't really GDP or GNP expansion yet perhaps upgrading and improving personal satisfaction or different qualities that can't be estimated by GDP. In the event that we limit our standpoint to financial development itself, the inquiries of what to accept as the target of monetary development and how to quantify it is chosen by individuals. It is conceivable and alluring, to have a plan wherein issues that are difficult to measure, for example, personal satisfaction, are considered when strategy decisions are readied and choices completed. The thought here is just that regardless of what sort of financial society one envisions, the issues of speculation of capital and accessible assets are critical. This is to state while the goal of financial strategy is improving the government assistance of residents, it will basically be reliant on asset venture and profitability, regardless of how that improvement might be characterized. In the case of taking a gander at GDP or personal satisfaction, various degrees of fulfillment have been accomplished from country to country. The huge crosscountry contrasts in monetary turn of events and development have prompted research enthusiasm for the determinants of financial development. Three fundamental contending clarifications exist with respect to hindered monetary turn of events and development. The principal clarification focuses on the job of expanded worldwide exchange. The essential thought here is that a ... ..., from the targets of the individuals that live inside, to its geographic area and asset holds, to the degree of monetary success and contribution it achieves, and should be treated all things considered. References Acemoglu, Daron (2003): Root Causes, Finance and Development quarterly magazine. Vol. 40 #2. June, 2003.(Washington:IMF) Barro, R.J. (1991): Economic Growth in a cross area of Countries, Quarterly Journal of Economics, Vol. 106 (May). Frankel, Jeffrey An., and David Romer (1999): Does Trade Cause Growth? American Economic Review, vol. 89. Rodrik, Dani and Subramanian, Arvind (2003): The Primacy of Institutions, Finance and Development quarterly Magazine. Vol 40 #2. June, 2003.(Washington:IMF) Sachs, Jeffrey (2003): Institutions Matter, however Not for Everything, Finance and Development quarterly Magazine. Vol 40 #2. June, 2003. (Washington:IMF)

The 22 Best Colleges in the Midwest

The 22 Best Colleges in the Midwest SAT/ACT Prep Online Guides and Tips Is it accurate to say that you are from the Midwest and need to remain nearby to home for school? Would you like to encounter life in the heartland or in one of America's underestimated flyover states? In the event that you’re thinking about heading off to college in the Midwest, you ought to have a thought of which schools are the best in the locale. In this article, I’ll give my rankings of the best universities in the Midwest and clarify how you should utilize my positioning rundown of the top Midwestern schools. Which States Are in the Midwest? For my rankings, here are the states that I viewed as in the Midwest: North Dakota, South Dakota, Illinois, Indiana, Wisconsin, Minnesota, Kansas, Nebraska, Iowa, Michigan, Ohio, Oklahoma, and Missouri.There is some contention about which states are in the Midwest. My statements of regret on the off chance that you can't help contradicting my evaluation. How I Ranked the Best Colleges in the Midwest While rankings can be emotional, you can get a general thought of which universities are better founded on their notorieties and target statistics.I put the22 topcolleges in the Midwest into four levels, with level one including the most noteworthy positioned schools.I decided my rankings by taking a gander at the rankings from US News, Forbes, and Niche.Each positioning rundown utilizes various factors to decide its rankings, yet here are the absolute most significant variables that are viewed as while deciding school rankings: Scholastic Reputation-The scholarly notoriety of a school is the thing that instruction specialists consider the scholastics at a specific school. US News gives a companion appraisal overview to college presidents, executives, and dignitaries of admissions to help rate scholarly quality. Moreover, it studies secondary school guides the nation over. Green bean Retention Rate-The first year recruit consistency standard is the level of rookies that arrival for their sophomore years. Commonly, better schools have higher degrees of consistency. A high consistency standard shows that understudies at the school are happy with the school and accepting the essential help to succeed. Graduation Rate-The graduation rate is the level of understudies that graduate inside 6 years. Better schools have higher graduation rates. On the off chance that a higher level of understudies is graduating, at that point the understudies are viewed as being increasingly fit, and the school is giving the important help and assets to empower understudies to effectively complete school. Understudy Selectivity-Student selectivity alludes to the capabilities of the understudies and the seriousness of the confirmations procedure. Better schools have understudies with higher secondary school GPAs and government sanctioned grades. Additionally, better schools will in general have lower acknowledgment rates. Greater selectivity for the most part likens to a higher gauge of understudy. Money related Resources-Ranking records consider schools’ per understudy spending. Additional spending per understudy is characteristic of having more assets and emphatically impacts a school’s positioning. I weighted the US News rankings somewhat more vigorously in light of the fact that US News has the most esteemed positioning rundown; consequently it has the best effect on a school’s reputation.All of the schools were among the best 25 Midwestern universities in any event two of the three positioning records I looked at.Honorable notice schools made the main 25 in at any rate one rundown. I incorporated the normal state administered test scores, acknowledgment rates, and US News positioning for each school. Since US News positions national colleges and aesthetic sciences schools independently, after the positioning, I put NU for national college or LA for human sciences college.I additionally put open universities in striking. Ruby.W./Flickr The 22 Best Colleges in the Midwset, Ranked Here are my rankings of the best universities in the Midwest. Appreciate. Level One The principal level of the best universitiesin the Midwest is made out of amazingly specific private schools.Their acknowledgment rates run from 9% (University of Chicago) to 22% (University of Notre Dame). Likewise, their graduation rates are somewhere in the range of 93% and 96%.They’re all main 15 schools in the nation in their separate classes in the US News rankings, and the entirety of the principal level schools meet 100% of showed money related need.The just human sciences school in the gathering is Carleton College. School Area Normal SAT Normal ACT Acknowledgment Rate US News Ranking Carleton College Northfield, MN 2135 31 21% #8 LA Northwestern University Evanston, IL 2170 33 15% #12 NU College of Chicago Chicago, IL 2228 33 9% #4 NU College of Notre Dame South Bend, IN 2130 33 22% #18 NU Washington University in St. Louis St. Louis, MO 2220 33 16% #15 NU College of Chicago (supafly/Flickr) Level Two The subsequent level is made out of all around respected, particular colleges.All of the subsequent level schools are little human sciences schools, aside from the University of Michigan, which is viewed as one of the top state funded colleges in the nation.Their acknowledgment rates run from 30% (Oberlin College) to 38% (Kenyon College), and their US News rankings are all in the main 30 in the nation in their separate categories.Their graduation rates go from 86% (Grinnell) to 91% (University of Michigan).They all meet 100% of exhibited money related need, with the exception of Kenyon (95%) and Michigan (85%). School Area Normal SAT Normal ACT Acknowledgment Rate US News Ranking Grinnell College Grinnell, IA 1375 (on Math and Critical Reading as it were) 30 35% #19 LA Kenyon College Gambier, OH 1988 30 38% #25 LA Macalester College St. Paul, MN 2015 31 34% #23 LA Oberlin College Oberlin, OH 2059 30 30% #23 LA College of Michigan, Ann Arbor Ann Arbor, MI 2041 30 33% #29 NU Level Three The third level is made out of a blend of private and open schools from five diverse states.Their acknowledgment rates go from 42% (Case Western) to 62% (University of Illinois), and their US News rankings are between37 and51 in their separate categories.Their graduation rates go from 80% (DePauw) to 89% (St. Olaf).They meet from 69% (Illinois) to 99% (St. Olaf) of showed monetary need. School Area Normal SAT Score Normal ACT Score Acknowledgment Rate US News Ranking Case Western Reserve University Cleveland, OH 2032 31 42% #37 NU DePauw University Greencastle, IN 1780 27 61% #51 LA St. Olaf College Northfield, MN 1919 29 59% #51 LA College of Illinois at Urbana-Champaign Champaign, IL 1970 28 62% #41 NU College of Wisconsin Madison, WI 1916 28 51% #41 NU Case Western (OzinOH/flickr) Level Four The fourth level is made out of sevencolleges, four human sciences schools and three huge open universities.Their acknowledgment rates extend from 44% (University of Minnesota) to 73% (Lawrence University), and their US News rankings are from 55 to 66 in their particular categories.Their graduation rates go from 74% (Purdue) to 89% (Wheaton).They meet from 71% (Ohio State) to 97% (Denison) of showed money related need. School Area Normal SAT Score Normal ACT Score Acknowledgment Rate US News Ranking Denison University Granville, OH 1264 (on Reading and Math as it were) 29 46% #55 LA Kalamazoo College Kalamazoo, MI 1854 28 67% #66 LA Lawrence University Appleton, WI 1900 29 73% #57 LA Ohio State University Columbus, OH 1864 28 56% #52 NU Purdue University West Lafayette, IN 1773 27 60% #61 NU College of Minnesota Minneapolis, MN 1920 28 44% #69 NU Wheaton College (IL) Wheaton, IL Not Available Not Available Not Available #57 LA Fair Mention Beloit College School of Wooster Drake University Earlham College Indiana University Michigan State University Wabash College The threatening Michigan State mascot (John Martinez Pavliga/Flickr) By what method Should You Use This List? On the off chance that you need to go to perhaps the best school in the Midwest, inquire about the schools on the rundown that intrigue you to decide whether you need to apply to them.Think of the elements that are critical to you in a school including cost, size, selectivity, area, and the majors offered.Look at the school’s site and use manuals, school discoverers, and search sites to help you in the school determination process. On the off chance that conceivable, talk with educators, instructors, guardians, current understudies, and graduated class. Additionally, in light of the fact that a school didn’t make the rundown doesn’t mean it’s a terrible school. In your school search, you ought to distinguish the school that’s the best fit for you. A few schools may not rank well on the grounds that they’re not as specific or have less money related assets. Be that as it may, they may have scholastic projects, teachers, and a grounds situation that will empower you to have a high caliber of life while you’re in school and arrive at your scholarly and expert objectives. What's Next? Would you like to go to probably the best school in the Midwest, yet you're concerned that your state administered test scores are excessively low? Look at the Ultimate SAT Prep Study Guideor15 ACT tips and deceives to help raise your score. Is it true that you are stressed over the expense of going to an incredible school? Discover how much school truly costs, figure out how to put something aside for school, and read this post abouthow to pay for school. Need to improve your SAT score by 160 or your ACT score by 4 points?We've composed a guide for each test about the best 5 procedures you should use to have a taken shots at improving your score. Download it with the expectation of complimentary at this point:

Why Tumblr Is A Win-Win Platform For SEO

Why Tumblr Is A Win-Win Platform For SEO Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!Why Tumblr Is A Win-Win Platform For SEOUpdated On 23/04/2017Author : HBB Guest AuthorTopic : SEOShort URL : http://bit.ly/2ozsUMn CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogEveryone has heard of Facebook and Twitter, but for some reason Tumblr is often overlooked. However, if you are looking to promote content online, you need to start taking more notice of Tumblr because there are loads of SEO benefits in using Tumblr as a Social Media platform.How Does Tumblr Work?Tumblr is basically a vast hosted blogging platform, but what makes it different from Facebook and Twitter is that the majority of Tumblr users are 25 and under. There are currently around 130 million blogs hosted on Tumblr, which is nearly twice as many on WordPress. Tumblr also boasts a lot of web trafficâ€"the site has around 300 million visitors every month, which equates to 15% of all Internet users.What Are t he Benefits of Using Tumblr?The uniqueness of Tumblr is what makes is so powerful from an SEO perspective. Although the site is built around a blogging platform, it allows users to like each others posts and contents and to follow other Tumblr blogs. This means Tumblr has masses of potential.Hashtag search capability â€" You dont need lots of followers to get your content discovered on Tumblr; you just need to use hashtags. Even brand new blogs will be reblogged if the content is great, which brings us to the next advantage of Tumblr.Dofollow links â€" The main advantage of creating content on Tumblr is that all links are dofollow. So if your post is reblogged dozens of time, you have just gained dozens of useful backlinks. Great, huh?Branding â€" If you are keen on targeting a younger demographic, Tumblr is the way forward. Most of the audience on Tumblr is in their teens or early twenties. Use Tumblr in addition to Facebook and Twitter and cover all bases.Build microsites â€" Tumb lr blogs are perfect for people who want to build up lots of small microsites that link back to their main site. Tumblr is the place to post less serious content.READ3 Basic Tips To Achieve High SERP RankWhat Type of Content Does Well on Tumblr?You can post all kinds of content on Tumblr, but there are some types of content that do better than others. Photos, illustrations, quotes, memes and animations are the most popular postings on Tumblr and if you can come up with some hilarious memes or a silly animated GIF, you are well on the way to enjoying viral exposure. If you arent sure about what type of stuff to post, spend time browsing through other Tumblr blogs or perform a few hashtag searches for keywords in your niche. That should give you a few ideas about what might work.The best way to make Tumblr work for you is to post content on a consistent basis. The more engaging content you post, the more Tumblr followers you will attract, and of course the more backlinks you can build back to your website. It is also a great place to promote a brand and top quality content. So make sure you start using Tumblr today for it really is a win-win strategy.

Devine Interaction Greek Mythology Essay - 1398 Words

In Greek mythology and literature, the Gods are always present in some shape or form. It has been recorded in ancient Greek literature that the Gods interacted with mortal humans quite often. Nothing would change a mortal human’s life more than interacting with the Gods. What is the reason for such events? The Olympian Gods constantly intervene with the mortals, but what is the cause? The Gods show their power over mortal men through divine interaction, physically and psychologically. The Gods and mortals interact in many different ways, but the natures of these interactions are what truly explain and describe how ancient Greeks recognized their Gods. It is important to understand the nature of the Gods before trying to understand†¦show more content†¦Heroes often believed that they were related to one of the Gods, which gave them superiority over other mortals, but did not make them immortal. Divine interactions can be split into two different groups, physical and psychological. The first group that will be focused on is the physically interactions between immortals and mortals. It is because of the nature of the Gods that they consistently interacted with mortals. The Gods act like mortals and have emotions like mortals do which causes them to want to be involved with the mortals’ existence. The Gods can be explained as an unseen force that acts as guidance for mortals in many different situations. Many of these situations are recorded in ancient Greek literature such as the Iliad and the Odyssey. The way the Gods physically intervene with mortals can happen in different forms. Myths give off the impression that the Gods have many different positions. Not only do they try to help mortals, they also try to deter them as well. Basically every hero in ancient literature has a God on his side helping him and protecting him. If a mortal man, who has no Devine protection, were to go up against a hero, who does have protection, the hero will win every time. An example of this is in book 16 of the Iliad, when Patroclus is killed. What illustrates the scenario above is that Patroclus does not blame Hector for his death,

Student Expectations Of Service Quality - 1245 Words

Student’ expectations of service quality in the university hostel Data was analyzed by quantifying respondents’ responses of their levels of agreement with the statements that were used to evaluate students’ expectations of service quality at university hostels and perceptions of service quality at dining rooms. The levels of service quality expectations and perceptions were quantified by calculating the average scores on each statement. Scores obtained from calculating the averages for expectations were subtracted from the scores obtained from customers’ perceptions on each statement. The findings of the study present very important insights in relation to the paper’s problem statement that â€Å"student’s expectation is generally anticipated to be in line with the acceptable levels of service quality in the university hostels. The results revealed that students had higher expectation levels compared to their perceptions of the service quality at the dining rooms on all the service attribute that were used to evaluate the expectations of service quality. Thus, the gap identified was the Gap between Expected Service-Perceived Service Gap. This Gap presents a challenge for hostels managers, which is ensuring that good quality provided meets or exceeds student’ expectations. The average expectations scores were consistently around 1, where 1 on the five point scale used in the questionnaire indicated a strongly agree response. According to Cook (2002), consumers have becomeShow MoreRelatedSusan Munro, Service Customer Analysis1646 Words   |  7 PagesBUSINESS AND ACCOUNTANCY Department of Business Management A.Y. 2010-2011 CASE ANALYSIS Susan Munroe, Service Customer Submitted to: Mrs. Cristina Naguit Submitted by: LEADER: Fernandez, Marvin T. MEMBERS: Lansangan, Chimova Parker, Harley Mae P. 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The Device of a Masked Dance in Act Two Scene One of...

The Device of a Masked Dance in Act Two Scene One of William Shakespeares Much Ado About Nothing Shakespeare uses the device of a masked dance in Act II Scene I for many reasons, mainly for the entertainment value of an Elizabethan audience these were the people Shakespeare intended the play to be viewed by, and also to dramatically further the plot. Using a masked dance allows for many characters to be in the same place at the same time, allowing all of the different social classes to mix and interact, something which would not normally have happened in Elizabethan times. This would have had a pleasing effect on the groundlings watching the performance and also one of amusement to the†¦show more content†¦When he is told by Borachio that Hero has been unfaithful to him he says Goodbye Hero, which is implying that he is going to leave her as he believes what Borachio is telling him. The audience will be able to se form this form this part of the scene just how fickle Claudio is and how easily he can be miss-lead by other people, even if they are not his close friends. A masked dance scene would involve lots of music and dancing, laughter and banter. All of these things are the kind of factors Shakespeare has intended to use to satisfy all corners of his Elizabethan audience, form the groundlings to the upper classes. The groundlings would go to the theatre, pay a very small fee, and stand at the front of the courtyard and may not even have a good view of the stage, therefore they would only go to be entertained and have a laugh, where as the aristocracy would pay a higher fee, get a better view, with seats, and would expect to experience something with a little more intellect to it. For example, clever wit and complex plots and sub-plots. The aristocracy among the audience would be particularly entertained by the development of the plot and the misunderstanding that take place during the masked dance. The wit and sophisticated humour would also entertain the upper classes as this would be the kind of

Management Work-Life Balance

Question: Write an essay on "Work-Life Balance". Answer: Introduction In the present competitive world, the importance of work-life balance has increased. Organisations are continuously finding ways for creating a balance between work and family for their employees. Employment was traditionally considered just as a means that helps in supporting ones private life. In the present time, employers provide the work-life balance provision to their employees to achieve competitive advantage by creating a harmonious relationship with a workers work and home. This result in improved employee performance, lower stress in the working environment, relaxed personal-time, and an organisations perfect public image (Abendroth den Dulk, 2011). A perfect balanced life can act as a key to healthy living, and everyone is looking for it. Today everybody is focusing on the improvement of their professional career and rising on the corporate ladder to reach the top as quickly as possible. For this, they sacrifice the quality time of family life, and this leaves a negative impact on the personal life. It is necessary for a person to maintain work-life balance to improvise his working life as well as his family life. This essay explores the definition of work-life balance, and also includes the benefits of it for employees and employers. Later, it emphasises why an organisation need of work-life balance and gives recommendations and strategies for the development of work-life balance plan (Alleyne, 2016). Work-Life Balance Life is an act of balance, and in the current rush of society, all are looking for proper work-life balance. It is essential for both employer and employee to search for a true meaning of work-life balance. If describing work-life balances then in a broader sense, it is fit for multiple roles played by a person in his life. It could be taken as a need of everyone to achieve and maintain balance in between work they are for and their personal life. There could be number of ways to describe work-life balance but a general approach associate it with the maintaining of harmony in life (Arunachalam Shah, 2013). When studying the various factors of work-life balance, it is generally taken as ones ability to maintain the multiple demands of life at the same time. The traditional definition of work-life balance explains it as providing loyalty of equal time to non-work and paid work roles (Carmon, Miller, Brasher, 2013). However the recent studies on work-life balance have added few more complex and additional components to it, and they are as follows:- The allocation of time towards work and non-work roles is called as time balance. The involvement balance which is the amount of psychological involvement in non-work and work roles. Satisfaction with work and non-work roles (Crowley Kolenikov, 2013). This new model of work-life balance which incorporates satisfaction, time and involvement components provide an inclusive and extensive picture. In todays time, it is compulsory that an organisation make sure that they are not just encouraging but making work-life balance mandatory which is practical and meet the needs of both the employee and the organisation it is working for to be competitive in the global market. If an organisation does not provide the opportunity for work-life balance to its employees, then it will be threatened with the increasing number of unproductive and dissatisfied employees. It is important for an organisation to understand that just by creating policies are not enough, but the organisational culture should be developed which supports the usage of work-life balance policies (Downes Koekemoer, 2011). The most famous work-life balance policy followed by most of the organization is Flexible working arrangements. It includes flexibility of:- Hours of works like to change in timings of start and finish Work pattern like job sharing or split shifts Work location like working from home (Figueroa, 2016) Many organisations hesitate to follow flexible work arrangements due to the cost implications. But in reality, flexible working hours, work from home, unpaid leaves, part-time job, or job sharing doesnt cost a lot to an organisation. But, childcare, counseling for work-life balance, and cares leave may cost the company some amount of money but its long-term benefits balances it out (Ikeda, 2008). With the change in time family structure has also changed. The new concept of a family includes single parent, a wide range of social communities, and shared parenting. So now the child care is not the only non-work responsibility one has to handle but, other activities like study, sports, volunteer work, care of an elderly, hobbies, or health and fitness have also become important and need to be in balance with work. It is important for the HR department of a company to recognize these new needs of a family of their staff and what impact it will have on the business (JI, 2014). Usually, an organisation pays attention only to employees who are married and have children when designing work-life balance policies which should change for the above-mentioned reasons. The Employee's perspective- the 21st-century life is increasingly complex due to the multiple roles one has to play and juggling in between them job seekers expects work-life balance. Thus, the job that offers flexibility will be considered by the employees. Public Policies offered to the employees- many policies of work-life balance has been introduced by the government by keeping the focus on the current cultural and economic trends, which includes women and parents with children (Kocà ¢Ã¢â€š ¬Ã‚ Menard, 2009). The State Government of Queensland has specified work-life policies in detail. Legislative reforms such as the Workers with Family Responsibilities 1981, International Labour Organisation (ILO) Convention 156, changes in industrial relations, antidiscrimination and affirmative action legislation and have also designed the profile of problems related to work-life balance (Malik, Wan, Dar, Akbar, Naseem, 2014). And the result of these reforms is the rules regarding work-life balance which are now in place, and they are as follows:- Compulsory announcing of policies of work-life balance followed by the organisations having more than a hundred employees Increased legal protection to those who have certain family responsibilities. In agreement with the employer, permission of working part-time till childs second birthday (Mountford, 2013). The government has also taken measures to encourage employers to arrange childcare facilities for staffs families. A twelve-month unpaid leave for maternity is provided in both public and private sector. After this one need to join at the same position or equal salary status position in the company. The Equal Employment Opportunities Trust is an initiative of government that is funded and supported by it and initiates yearly work and life awards; it also tracks the progress of initiatives take on work and families in an organization, and promotes work-life balance through a press release, conference, and speeches (Munn, 2013). The Department of Labour has established a project on Work-Life Balance in 2003, which ended in 2004. His projects showed that most of the people think that their non-work and work life is not in balance. And this project recommended the government assistance to the employers so it could help them in taking up work-life balance initiatives. Family Friendly Benefits- the quality of ones personal life has high importance. The common quote on should work to live rather than live to work confirms it. It is certain that if a choice is given between work and private life, then one will definitely select private life over work. Employees prefer to join such organisations where career development is not interfered due to family responsibilities. An employee expects encouragement and support from their employers to excel in their work commitments and improve their personal lives too (Pitt-Catsouphes, James, McNamara, Cahill, 2015). The Employer's perspective- along with government policies, organisations is also developing proper policies that make an attempt to simplify the work-life balance of their employees. These work-life balance policies increase the liberty of a worker in making a coordination and integration in between work aspects and non-work aspects. The three main work-life balance policies designed to help workers in balancing their non-work and work lives are flexible work options, dependent-care benefits, and specialised leave policies (R, 2016). Some initiatives implemented by the organisations with a purpose of improving work-life balance of their staff and they are as follows: - Skill Shortages- the positive pay back of the investment is the main factor behind an organisations commitment to investing in work-life balance policies. Now the question is really investing in these policies will provide any positive returns? In the present times, organisations are realising the importance of work-life balance and determined the direct relationship between the work quality of an employee and the quality of his personal life. This gave a valid reason to an organisation to invest and promote integration between work and family (Saltmarsh Randell-Moon, 2015). Many countries like Australia and New Zealand are heading towards skill shortage because of declining population growth and aging population. This interprets that in future there will be no or enough skilled workers to take the place of the retirees. Also, people who will have elderly dependent with them will also increase in the labour force. So it is compulsory for organisations to take flexible work-life balance policies options to attract skilled workers. Employee retention- retaining employees have become a huge challenge for many organisations in the present times. With the help of work-life balance policies an employees experience in an organisation can be improved and this will help in retaining employees. To turnover an employee, the cost includes separation costs, training cost, and replacement costs. Due to these huge expenses, organisations always look for ways to retain their employees in their organisation. The direct relationship between the reduction of employee turnover and providing flexible work options makes the work-life balance a strategic human resource affair. Company Image- organisations image enhances and they are considered as good corporate citizens if the show authentic interest in the promotion and support of work-life balance policies. However, this also true that an organisations initiative to be taken as a good corporate company may depend on its public visibility, the size of the business organisation, or the nature of business an organisation is running. Meanwhile, big organisations might have a provision of flexible work options for gaining a good public image, but, small organisations and companies may not do the same because in a small company the return of investment is also low (Stankiewicz, Bortnowska, Ã…Â ychmus, 2014). A government organisation may prefer considering opting for flexible work options as they are responsible towards the public, but when it comes to a private organisation where the main aim is to earn a profit, the consideration of flexible work option may not be just due to the visibility of the company image in the public. There are a number of advantages for an organisation in implementing flexible work option for its employees. The advantages for employees and employers are as follows Better mental and physical health of employees After maternity leave earlier return to work Reduced absenteeism Improved job satisfaction Reduced turnover Availability of an increased and broadened talent pool Loyal employees Retention of skilled aged workers (Swanberg Simmons, 2008) Recent surveys and studies have shown that due flexible work options the ratio of absenteeism has reduced in a healthy context. Some recommendations in providing a better balance between life and work of employees by using flexible work options are as follows: - The support of management in providing work-life balance through flexible work options is very important for an organisation to have success. Just having policies will not be enough for it. Regular surveys and studies of employees and their needs will help the organisation to understand the actual needs of an employee and design the policies appropriately Assistance to employees is necessary so they prioritise their work, or they will take everything equally important (Yam, Fehr, Barnes, 2014) Training to the managers and supervisors need to be given so they could understand their staff and also understand when they are overworked Organisations should organise training programs and seminars for employees to make them understand the importance of their personal life and work and how to balance between them Restrict the work taken by employees for home on a regular basis. For this, the corresponding supervisor should be responsible so that work given to an employee need to be completed in office, not at home. Leave options should be available to the employee like a pet care leave, or a community service leave (YU, 2008) Sometimes work from home should be allowed, in the form of flexitime and sick leave even without a certificate of doctor Time to time visit of children should be allowed in the office. Days like bring kids at work can be a good idea. Implementing the option of work from home for those who have to take care of elderly people of children. Organising an organisations funded family activities like movie nights, family dinners, trips to theme parks may be for once a year which can be organised on a weekend or even on a weekday. It is necessary for the organisations to promote work-life balance policies on every available opportunity they get. These policies should be the part of employees working experience in an organisation and not just in companys handbook or in the orientation sessions (Abendroth den Dulk, 2011). Conclusion Initiatives if taken regarding work-life balance have the potential to notably decrease absenteeism, retain organisational staff and knowledge, and improve employees morale even during harsh economic times. In the present phase of the globalisation of markets, all the companies have aimed to reduce their costing; it becomes the responsibility of HR department to understand the need of work-life balance and issues related to it. Employees who are working and their friend or family members are serving their country, single mothers working hard to earn a living and raise her children, employee for whom their personal life matters a lot, couples facing issues in managing dual careers and their marriage, or even companies who loose talent as well as important knowledge about the company when an employee leave the company for better opportunities they all are in need of a work-life balance which will give them a win-win situation either it is an employee or an employer (Alleyne, 2016). However just developing a work-life balance policies, will not be sufficient. The organisation has to make sure that there managers are implementing these policies and they are being practiced. The organisational environment and culture is an important factor when deciding upon the provisions of work-life balance. The organisation having carefully planned flexible work options will excel with a support of co-workers and managerial department. The most of the HR policies regarding work-life balance is concentrated on employees who live with a family having children. But with the change in family structure in the present time, the work-life balance policies are also needed to be changed accordingly and to be designed by keeping the new family structure such as shared parents, single parent, singles, and elderly care (Carmon, Miller, Brasher, 2013). Finally, it is better to adapt and initiate a give and take philosophy. According to this philosophy, both the employee and the employer have to adjust a little. And these small compromises will provide perfect harmony between work and non-work roles and in a long run prove highly beneficial for the organisation as well as for the employee (Crowley Kolenikov, 2013). References Abendroth, A. den Dulk, L. (2011). 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