New Research Reveals the Financial and Insurance Industry Offers the Best Life-Work Balance

Since March 2020, the lines between work and our personal time have become blurred like never before. Whilst the work from home policies made popular by the pandemic have given employees more freedom over their work schedules than ever, it’s also made it much harder for some people to truly switch off and achieve a real life-work balance.

A consistently poor life-work balance can have lasting damage to a company’s culture, resulting in poor job satisfaction levels, high absenteeism, decreased quality of work, and a high employee turnover rate.

To find out which industries offer the best life-work balance, Remote has analyzed 22 different industries, creating an overall ranking based on basic and overtime pay rates, annual incentive pay, the amount of hours worked each week, and employee turnover rates.

Some key findings from Remote’s research include:

The financial and insurance activities industry offers the best life-work balance, followed by the information and communication industry, and the electricity, gas, steam, and air conditioning supply industry.
The financial and insurance activities industry also offers the lowest employee turnover rate at 25%.
Mining and quarrying workers spend the highest number of hours working each week, with almost 40 basic paid hours and around 3 hours of paid overtime on top of that.
To see the full research, please visit: https://remote.com/blog/industries-best-life-work-balance