What Work/Life Balance? - TheStreet

If you’re struggling to find a balance between work and home life, you may be facing a losing battle, according to one former executive.

"There's no such thing as work-life balance," said former General Electric CEO Jack Welch (Stock Quote: GE). Welch, suggesting that taking time off from work to raise children may hamper a woman’s ability to climb the corporate ladder. "We'd love to have more women moving up faster, but they've got to make the tough choices and know the consequences of each one."

According to The Wall Street Journal, Welch made these statements at the annual meeting of the Society for Human Resource Management.

Welch did admit that taking time off the raise a family could make for a good life, and doesn’t mean you can’t have a good career. It’s just that one’s chances being a high-level executive may be lower, he said.

Welch’s comment comes after a poll found that fathers were less willing to be stay-at-home dads – even if they could afford it - preferring instead to take on the provider role.

According to the survey, which was conducted by job search site CareerBuilder.com, despite a tough economy, 30% of fathers polled said they’re willing to take a pay cut to spend more time with their children. That’s down from 37% last year.

On the other hand, 39% of working dads said they spent two hours or less per day with their children during the workweek, and 14% spent an hour or less per day with their kids.

Half of working dads said they have missed a significant event in their child’s life in the last year due to work, and 28% said they’ve missed more than three significant events, the survey found.

Still, almost 82% of men said they spend more time with their children than their fathers spent with them.

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