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I think it's more so about how friendly and understanding your boss/manager is rather than organized initiatives because, in my experience, they tend to be rather tokenistic and lack-luster.
There are actually some cool initiatives to balance things out. There's flexibility in scheduling, and they're pretty supportive if you want to take time off for volunteering or personal stuff even on short notice.
We have flexible scheduling. It's a new concept that they just implemented this year. I really like because it allows me to be able to take off early to get to my children's basketball games and dance competitions.
They randomly give us Friday us from time to time. If someone has been meeting all the deadlines, that's usually how they pick who is getting the Friday off. It works out well because we get rewarded for finishing work faster instead of given more work.