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Encyclopedia of Business Ethics and Society

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Encyclopedia of Business Ethics and Society

Robert W. Kolb

Pub. date: 2008 | Online Pub. Date: October 22, 2007 | DOI: 10.4135/9781412956260 | Print ISBN: 9781412916523 | Online ISBN: 9781412956260| Publisher:SAGE Publications, Inc.

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Family-Friendly Corporation

Nuria Chinchilla & Elizabeth Torres

A family-friendly corporation is a workplace that recognizes the family responsibilities of its employees and implements policies that allow them to sustain a work and family life balance. It can also be called a family-friendly company or family-friendly employer. There are several reasons why organizations decide to become family friendly. Some of them adopt familyfriendly programs in an effort to create a committed workforce. Other reasons are improving retention and productivity and providing an environment that allows employees to simultaneously accomplish work and family responsibilities. Family-friendly corporations were initiated partly by the demographic changes in Western countries: Women entered the labor market in a massive way during the Industrial Revolution, the divorce rate increased, the number of single-parent families rose, and the birth rate decreased. The trend continues as Europe, for example, is currently experiencing a “demographic winter” (diminished birth rate in industrialized countries). However, not all organizations consider these ...

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