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Challenges in the Era of Globalization - iaabd

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Proceed<strong>in</strong>gs <strong>of</strong> <strong>the</strong> 12th Annual Conference © 2011 IAABD<br />

I would love to balance my family work and life but not many organizations <strong>of</strong>fer such<br />

opportunity and with <strong>the</strong> high unemployment rate <strong>in</strong> <strong>the</strong> country I don’t have any alternative than<br />

do <strong>the</strong> long hours. (Manager).<br />

Work life balance is a Luxury that only available <strong>in</strong> MNC not Banks (customer relationship<br />

<strong>of</strong>ficer).<br />

Weak unionism:<br />

Ano<strong>the</strong>r problem is <strong>the</strong> lack <strong>of</strong> union voice on <strong>the</strong> issue <strong>of</strong> work life balance and welfare <strong>of</strong> bank workers.<br />

Many <strong>of</strong> <strong>the</strong> banks with unions are now <strong>in</strong>creas<strong>in</strong>gly derecogniz<strong>in</strong>g <strong>the</strong> unions. Often <strong>the</strong> unions are just<br />

weak <strong>in</strong> actively challeng<strong>in</strong>g management on some <strong>of</strong> <strong>the</strong> onerous conditions <strong>of</strong> work which <strong>in</strong>crease<br />

work life conflicts among <strong>the</strong>ir members.<br />

Conclusion and Recommendation<br />

In summary, <strong>the</strong> <strong>in</strong>stitutional dynamics propell<strong>in</strong>g work life balance <strong>in</strong> <strong>the</strong> western hemisphere is weak <strong>in</strong><br />

develop<strong>in</strong>g countries such as Nigeria. There is an urgent need to put <strong>in</strong> place regulatory systems and<br />

effective implementation structure <strong>in</strong> place to help managers reorganized and design work <strong>in</strong> such a way<br />

that it would be more humane. If <strong>the</strong> Nigerian private sector will compete effectively with <strong>the</strong> developed<br />

world, management would need to pay some more attention to <strong>the</strong> manag<strong>in</strong>g issues perta<strong>in</strong><strong>in</strong>g to work life<br />

balance, particularly <strong>in</strong> an African society where roles are ascribed to people based on <strong>the</strong>ir gender. There<br />

must be a move from <strong>the</strong> grow<strong>in</strong>g conception that human resources are assets to be maximally exploited<br />

and disposed <strong>of</strong>f without be<strong>in</strong>g considerate to creat<strong>in</strong>g an enabl<strong>in</strong>g environment where <strong>the</strong> workers life is<br />

balance with work.<br />

The perpetuation <strong>of</strong> this hybrid <strong>of</strong> traditionalist approach and sophisticated paternalist management<br />

approaches used by many Nigerian banks may be counter-productive and may unlikely produce<br />

commitment, quality and cont<strong>in</strong>uity. Employers are quick to po<strong>in</strong>t out <strong>the</strong> issues <strong>of</strong> cost <strong>in</strong> not be<strong>in</strong>g able<br />

to <strong>of</strong>fer more work life balance <strong>in</strong>itiative. This unitary managerial goal has led to <strong>the</strong> creation <strong>of</strong> structures<br />

which over <strong>the</strong> years have led to an atmosphere <strong>of</strong> job <strong>in</strong>security, fear, and stress among workers. There is<br />

a need to over haul <strong>the</strong> way work is designed to accommodate <strong>the</strong> contemporary issues such as work life<br />

balance. Work-life policies can allow organization ga<strong>in</strong> competitive edge by enabl<strong>in</strong>g it to attract and<br />

reta<strong>in</strong> people, particularly women, with <strong>the</strong> best skills and experience and also result <strong>in</strong> low staff turnover<br />

and give <strong>the</strong> organization <strong>the</strong> reputation as a good employer (Epie, 2006). A review <strong>of</strong> <strong>the</strong> exist<strong>in</strong>g<br />

policies is required to ensure it suits every one and ensure employees are not over worked and given<br />

reasonable and realistic deadl<strong>in</strong>es. HR mangers play a key role <strong>in</strong> ensur<strong>in</strong>g <strong>the</strong> success <strong>of</strong> a WLB policies<br />

and practices. They should tra<strong>in</strong> <strong>the</strong> employees so that <strong>the</strong>y can be aware <strong>of</strong> <strong>the</strong> policies available and also<br />

monitor <strong>the</strong> implementation <strong>of</strong> policies to ensure equality across <strong>the</strong> board.<br />

In clos<strong>in</strong>g, <strong>the</strong>se studies make four important recommendations: First, <strong>the</strong>re is an urgent need to<br />

improv<strong>in</strong>g Communication: There is a need to clearly communicate <strong>the</strong> bank’s WLB policies and<br />

practices to employees, to fur<strong>the</strong>r raise awareness and improve <strong>the</strong> knowledge and understand<strong>in</strong>g <strong>of</strong><br />

relevant policies. This can be done by send<strong>in</strong>g updated versions <strong>of</strong> WLB policies via <strong>the</strong> banks <strong>in</strong>tranet<br />

with names and details <strong>of</strong> <strong>in</strong>dividuals to contact for any fur<strong>the</strong>r advice on WLB policies and practices at<br />

<strong>the</strong> Bank. Secondly, consider implications for work-life balance <strong>in</strong> relation to workloads: guidel<strong>in</strong>es<br />

should be developed which ensures that employees are given duties which have realistic deadl<strong>in</strong>es and<br />

commensurate rewards should be given for extra hours. Thirdly, consider potential demand for fur<strong>the</strong>r<br />

flexibility with<strong>in</strong> work<strong>in</strong>g patterns such as flexible hours, compressed hours or work from home. It should<br />

be considered, subject to operational requirements, whe<strong>the</strong>r such practices could be extended. Hence, a<br />

pilot scheme could be carried out to test <strong>the</strong> feasibility <strong>of</strong> hav<strong>in</strong>g more flexible work<strong>in</strong>g arrangements and<br />

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