1. 1 Achieving Work-Life Balance in a Trend-Setting Industry Barbara Marchetti C-suite www.c-suiteinc.com 212.966.1383 www.c-suiteinc.com

2. The Quest for Work-Life balance Employees seek to “find it” Employers seek to “facilitate it”. Daunting Barbara Marchetti C-suite www.c-suiteinc.com 2

3. Work - Life How does one define it? What does it entail? Why be concerned? The effect on employee retention Barbara Marchetti C-suite www.c-suiteinc.com 3

4. Who is responsible for creating this?? H.R. Operations Senior Managers Executives Owners Barbara Marchetti C-suite www.c- suiteinc.com 4

5. Employee Retention An effort by employers to create and foster an environment that encourages current employees to remain employed. Must address diverse needs. Replacement costs usually are 2.5 times the salary of the individual. Other costs associated with turnover: lost customers, business and damaged morale. For every $100K in salary – net/net $1M sales. Barbara Marchetti C-suite www.c-suiteinc.com 5

6. The Disconnect Throwing dollars at a problem that is rooted “emotionally” and serves as the foundation for the quest for happiness reinforces the sad fact that most executives, those entrusted to positions of leadership, simply don’t “get it”. Barbara Marchetti C-suite www.c-suiteinc.com 6

7. How ‘bout that Generation Gap Boomers Gen X Gen Y Barbara Marchetti C-suite www.c-suiteinc.com 7

8. Gen X- 1965 - 1980 Accept diversity Pragmatic/practical Self-reliant/individualistic Reject rules PC/technology Latch-key kids Friend-not family They require: Casual, friendly work environment Involvement Flexibility and freedom A place to learn Barbara Marchetti C-suite www.c-suiteinc.com 8

9. Gen Y – Born to Boomers1980-2000 75 million (sometimes referred to as Millenials) Optimistic/realistic Individualistic Rewrite the rules Internet Multitask Nurtured Friends = family They require : Structured, supportive work environment Personalized work Interactive relationship Be prepared for demands, high expectations Barbara Marchetti C-suite www.c-suiteinc.com 9

10. Perception varies Each person’s perception of work life balance varies – more so by generation. As employers we need to create an environment conducive to enabling our workforce to achieve balance. Don’t ask/don’t care. A one size fits all approach will not work. This comes from the top/down. Barbara Marchetti C-suite www.c-suiteinc.com 10

11. Contact Information Barbara Marchetti, President C-suite www.c-suiteinc.com 212.966.1383; bmarch@c-suiteinc.combmarch@c-suiteinc.com Retained Executive Search firm for fashion, retail and beauty.