Family friendly policies - new trends in business culture in the Republic of Moldova

Abstract

Family-friendly policy in companies in the Republic of Moldova is extremely important as it can have a significant impact on employee satisfaction and organizational performance. By implementing such policies, companies can create a work environment that provides support and flexibility for employees' family needs. Implementing family-friendly policies in Moldovan companies can be beneficial for both employees and the organization. These policies can improve organizational performance and contribute to a healthier and more family-friendly society. These policies can include benefits such as paid maternity and paternity leave, leave to care for children or elderly family members, flexible working or telecommuting schedules, financial assistance for family-related expenses, and other social benefits. A family-friendly policy can increase employee engagement and loyalty, thereby improving employee retention and reducing the costs of recruiting and training new employees. It can also improve employees' work-life balance, which can lead to higher productivity and job satisfaction. CZU: 005.73:316.356.2(478). JEL: H5, H75, O15, P36, P16. DOI: https://doi.org/10.53486/icspm2023.38