Work Life Balance: a Study of Employee Well Being and Performance of Employees in Banking Sector.

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Work life Balance: A study of employee well being and performance of employees in banking sector.

Dr.Anshuja Tiwari
Astt.Prof., Department of Commerce
Barkatullah University, Bhopal (MP)

Mrs. Puneet S.Duggal
Research Scholar,
Rani Durgawati Vishwavidyalaya
Faculty,H.C.E.T, Jabalpur

Abstract

Work Life Balance (WLB) is one of the important practices of human resource for employee well being and performance. In this research researcher got the same responses from male and female that more practices of work life balance should be existed in the organization for good quality of life and performance of employees.

Data were collected from a public sector (Allahabad Bank) and private sector (IDBI) to identify the performance of employees, Work Life Balance practices, employee wellbeing at work, and performance. Sample size 100 with Asst. Managers, Deputy managers, Managers, clerical, cashier and others. Data were taken through well defined and elaborate questionnaire and analysis were shown in charts and graphs.

The purpose of this paper is to explore the work-life practices of employees in banks and the various problems faced by them while working in this sector. With this in mind, this paper seeks to examine the employee wellbeing and performance in the organization

The result found more dissatisfaction and stress levels were high among employees while working under pressure with long working hours. The second finding was the lack of Work Life Policies in the organizations, employees were unable to effectively manage work and family commitments. The last finding shows positive impact of employee camaraderie for managing effective Work Life Balance.

Keywords: WLB (Work Life Balance), Work Life Balance Practices, Employee performance, Human Resource Practices.

Work life Balance: A study of employee well being and performance of employees in banking sector.

Introduction:

“WORK-LIFE BALANCE ISN’T ONLY ABOUT FAMILIES AND CHILDCARE. NOR IS IT ABOUT WORKING LESS.IT’S ABOUT WORKING ‘SMART’. ABOUT BEING FRESH ENOUGH TO GIVE ALL YOU NEED TO BOTH WORK AND HOME, WITHOUT JEOPARDISING ONE FOR THE OTHER. AND IT’S A NECESSITY FOR EVERYONE, AT WHATEVER STAGE YOU ARE IN LIFE.” DTI & Scotland Office (2001)

Work Life Balance [WLB] in its broadest senses, is defined as a satisfactory level of involvement or fit between the multiple roles in person’s life. A major challenge of balancing the competing demands of work and family is not new. But the amount of research being conducted on the topic is an indication of its importance of employee well being and awareness to both organization and individuals today.

|The Changing Equation of New Era | |The Changing Equations | | |The Machine Age |The Industrial Age |The Networked Age | |Stress |High |Higher |Highest | |WLB-Work Life |You went to Work, Life started when |Not only are people working at work |24- hours work days split into | |Balance |you go home |but also at home |compartments dedicated for life' | |Employees and work |The men worked and women tended the |Both men and women worked, and the |Both men and women work and tended| | |house |women still tended the house |the house |

Times have changed. From the time the husband earned, and the wife stayed at home. To the time now when the husband earns and the wife earns too. But the wife still cooks and washes and runs the house. So, how does she...
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