Impact of Work Life Balance on Motivation of Employees in IT Industry
Submitted in Partial Fulfilment of MBA
CERTIFICATE FROM THE SUPERVISOR
This is to certify that the project titled Impact of Work Life Balance on Motivation of Employees in IT Industry has been done under my supervision by Sukriti Singh, Shaily Saini, Varun Krishna of MBA IV semester (2011-2013).
Name of students
1. Sukriti Singh
2. Shaily Saini
3. Varun Krishna
If words are considered as a symbol of approval and token of appreciation then let the words play the heralding role expressing my gratitude. I am indebted to my project guide, for her support and guidance. I would sincerely like to thank her for all her efforts. I would also like to thank the employees of Tata Infotech, HCL and TCS, for sparing their valuable time so as to make this project a truly learning experience. I would like to thank my University, for giving its students a platform to abreast with changing business scenario, with the help of theory as a base and practical as a solution. Last but not least, I would like to thank my parents for giving the best education and friends for their support and feelings without which this project would have not been possible.
Work life balance has become an integral part and parcel of many employees life. In today’s global competition most organizations are trying to help employees achieve it so that their productivity and efficiency can be further increased. If the organization can help employees achieve a balance between their professional and personal lives then employees will willingly contribute more towards the organization and moreover sustainability of such employees in organization is largely based on these two phenomenons’s known as job satisfaction and work life balance. This study is an attempt to find out the level of work life balance in the Information Technology Industry, for this purpose three organizations, namely TCS, Tata Infotech and HCL, were studied. The work life balance was studied at two levels in all the three organizations. Collection of data is undertaken through well structured questionnaire after literature review and secondary research on IT Industry. It was found out that employees of these organizations had a medium to high level of work life balance. Therefore, to have an engaged employee which is a level ahead of a satisfied employee, company have recommended certain employee engagement programs which are carefully designed specially catering to the need of these three companies under study after analyzing various factors like corporate culture and orientation working environment, profile of employees and cost and benefit analysis, which would help increase level of work life balance and job satisfaction to more than 50 % of current level thereby controlling the attrition rate.
Table of Contents
1 Cover page and Title Page (Format enclosed)
2 Certificate from the supervisor (Format enclosed)
5 Table of contents
8 Literature Review
9 Research Methodology
10 Data Collection and Analysis
11 Findings and Conclusion
HCL is a leading global Technology and IT Enterprise with annual revenues of US$ 6.3 billion. The HCL Enterprise comprises two companies listed in India, HCL Technologies ( www.hcltech.com ) and HCL Infosystems (www.hclinfosystems.in).
The 35 year old enterprise, founded in 1976, is one of India's original IT garage start ups. Its range of offerings span R&D and Technology Services, Enterprise and...