The Relationship Between Work-Life Balance and Corporate Performance, Focusing on Industry and Job Type

Abstract

Abstract - In Japan, “Work Style Reform” have been implemented to improve labor productivity and work-life balance (WLB), but sufficient results have not been achieved. Previous studies have analyzed the impact of labor environments and corporate policies on workers' health, WLB, and corporate performance, but there are very few studies that analyze how corporate WLB policies affect corporate performance. This study constructed an agent-based model (ABM) and conducted scenario analysis to clarify changes in workers' WLB and corporate performance. The results showed that WLB improved across all industries, but improvements in corporate performance were limited to certain industries. Additionally, it was confirmed that wage increases or increased labor mobility across the entire labor market may not be effective across all industries. These findings are expected to contribute to the design of government policies and the promotion of the “Work-Style Reform” initiative.

Keywords – Work-life balance, agent-based model, simulation