A Categorization of Time Guarantee in Work-Life Balance

Abstract

In a situation where the problem of time poverty is becoming visible and labor market policies are expanding as a way of reorganizing working hours, this study started with the question of what time sovereignty means. In this study, the concept of “time guarantee” is defined as a state in which time is invested in a balanced way in various dimensions of life, such as work and family, and in this process, time is divided into two areas: working time and family time. Each area has four common categories: the amount of time needed to provide an adequate level of input in a given dimension of life; accessibility to participation; relevance to income; and a policy environment that guarantees time balance. This study divided working time into 15 indicators and family time into 11 indicators. Through a standardization process, the degree of guarantee of work-life balance time in 31 OECD countries was indexed, and classification was attempted based on this. The results of the study are as follows. First, I analyzed the 31 countries based on 26 indicators and classified them into four types: high in both family time-oriented security and working time-oriented security; high in only family time-oriented security; high in only working time-oriented security; low in both working time-oriented security and family time-oriented security. Second, 10 out of the 31 countries showed high levels of time guarantee in both areas, and 9 countries showed low levels of time guarantee in all areas. Korea was classified as a type with low levels of family time and working time guarantees. Third, as a result of analyzing time satisfaction and leisure time by classification type, both time satisfaction and leisure time were the longest in the country group with high guarantees of work and family time. Based on these results, this study proposed short working hours, a society in which both couples raising children can work, and the creation of a labor market environment with a low-level risk of low wages. In the long term, the introduction of a working-time savings account system based on the participation of workers was proposed.