Outstanding Papers series
Effects of Work Life Balance Policies on Women’s Career
This paper explores the relationship between work-life balance policies and three indicators of women’s career; job tenure, turnover rates, and new graduate retention rates. Cross-sectional analysis shows that firms with WLB policies, such as the full amount of maternity pay, are positively associated with female employee job tenure. Additionally, panel data analysis shows that the practices of family-care leave, family-care benefit, and flextime system, have an effect on the turnover rate of female employees. Moreover, the full amount of maternity pay has an effect on the retention rate of new women graduates. Finally, a first difference analysis also finds a positive relationship between the maternity pay system and job tenure for women. Despite partial support of our hypothesis, our results suggest that WLB policies, such as the full amount of maternity pay, family-care leave, family-care benefit, and flextime system, could produce positive outcomes for women’s careers.
by Takeuchi, M.
This paper was found outstanding because of its significant contribution to a hotly debated area in most parts of the world.