A new study on work-life balance says flexible schedules and shorter work weeks can lead to more productive, healthy and loyal workers.

The report released Friday by the International Labour Organization says giving workers flexibility in terms of where and when they work can be win-win for both employees and businesses.

The United Nations agency says flexible work schedules can improve workers’ job satisfaction, performance and commitment to an organization – reducing recruitment costs and increasing productivity.

Meanwhile, the study found that employers who enforce strict work arrangements or schedules such as a 9-to-5 office workweek, could see productivity and job performance drop, and turnover and absenteeism increase.

“Better work-life balance is associated with a multitude of benefits for employees,” the report said, noting that the benefits include improved psychological and physical health of employees, increased job satisfaction and greater feelings of job security.

A survey by recruitment firm Robert Half conducted in late November asked nearly 800 LinkedIn users about what topped their work goals for new year.

The No. 1 response was work-life balance, with 39 per cent of respondents saying it topped their work wish list, followed by 28 per cent who said remote work options were the most important.