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Published 11 July 2023 | 2 min read
New Zealand tops global ranking for work-life balance
New Zealand has achieved a remarkable feat by ranking first globally for work-life balance. In a recent study conducted by global employment company Remote, New Zealand emerged as the leader in quality of life-work balance among the top 60 GDP countries. This achievement showcases the country's commitment to creating an environment where individuals can thrive both personally and professionally.
The journey to this achievement was not without its challenges. In the past, achieving a healthy work-life balance seemed like an elusive dream for many people. The demands of work often overshadowed personal well-being, leaving individuals feeling overwhelmed and exhausted. However, as the world progressed, New Zealand recognised the need for change and took proactive steps to address this issue.
What makes New Zealand stand out is its unique perspective on work and life. The country understands that personal fulfillment and professional success are not mutually exclusive, and everyone should have the opportunity to enjoy both. With this mindset, New Zealand has built a supportive infrastructure that nurtures the well-being of people.
Remote's study took into account various factors to determine the work-life balance of each nation. These factors included minimum wage, sick leave, maternity leave, healthcare availability, public happiness, average working hours, and LGBTQ+ inclusivity. New Zealand excelled across several metrics, earning a total score of 79.35 out of 100.
What sets NZ apart in the work-life balance ranking?
One of the key contributors to New Zealand's top ranking is its generous statutory annual leave allowance. Kiwis enjoy a remarkable 32 days of annual leave, allowing them ample time to recharge and spend quality moments with their loved ones. Additionally, the country offers a high rate of sick pay at 80%, ensuring that employees can prioritise their health without financial strain. New Zealand's commitment to its people is further evident in its government-funded universal healthcare system, which provides accessible and affordable healthcare to all.
Christopher McNamara, the Chief Revenue Officer of Remote, praised New Zealand for its leadership in shaping the future of work. He emphasised the importance of embracing the philosophy that personal fulfillment and professional success can coexist harmoniously. New Zealand serves as an inspiration and a role model for other nations seeking to create a brighter future of work.
While New Zealand claimed the top spot, it is worth noting that other countries also demonstrated a strong commitment to work-life balance. Spain closely trailed in second place with a score of 75.55, followed by France, Australia, and Denmark. The study also revealed that workers in New Zealand and Australia were among the most generously paid globally, underscoring the country's dedication to valuing and rewarding its workforce.
European countries showcased their commitment to work-life balance as well, with six of them ranking in the top 10. However, the United States found itself at the 53rd position due to a lack of statutory annual leave, sick pay, and a universal healthcare system. These findings highlight the importance of comprehensive policies and support systems in creating a healthy work-life balance.
Embracing New Perspectives
While New Zealand's achievement is commendable, it is crucial to acknowledge that work-life balance is an ongoing journey. Despite the positive rankings, burnout continues to be a significant concern in countries within the top 10. It serves as a reminder that the quest for balance is a continuous effort that requires attention and adaptation.
New Zealand's success story offers valuable insights for small-to-medium business owners and decision-makers in the country. By prioritising the well-being of their employees, they can contribute to a positive work-life balance culture. Creating policies that encompass generous leave allowances, robust healthcare benefits, and fostering a supportive work environment can pave the way for a happier and more productive workforce.
New Zealand's first-place ranking in work-life balance is a testament to the country's commitment to the holistic well-being of its people. It is a source of pride for the nation and a testament to its progressiveness. As business owners and decision-makers in New Zealand, let us embrace this achievement and strive to foster a positive future of work. By implementing solutions that prioritise work-life balance, we can create an environment where personal fulfillment and professional success go hand in hand, bringing us one step closer to a brighter future.