Pdf different factors of work life balance affecting employee job. Worklife balance, superior subordinate relationship, with worklife balance and employee satisfaction. A sample of n386 respondents were randomly selected from these banks to participate in the study. Project report work life balance linkedin slideshare. Pdf worklife balance in the banking industry rbhya.
Introduction in recent years, worklife balance has become a keyword for balancing working time and free time. Project report on work life balance linkedin slideshare. Sneha paryani is a bonafide research work for the award of the master of philosophy in. The qwl approach considers people as an asset to the organization ratherthan ascosts. Pdf an empirical study on the effectiveness of worklife. Empirical evidence from dhaka export processing zone.
Work is an integral part of everyday life, as it is our livelihood or career or business. A crosssectional survey of 1,202 nurses 81% response rate was conducted in three japanese acute. Managing work life balance work life initiatives the way ahead report on the year 2007 survey 5 current status of worklife balance efforts. Quality of work life qwl has become one of the important issues in manufacturing enterprises like epz and those outside of epz. Quality of work life qwl is viewed as an alternative to the control approach ofmanaging people. Banking industry is an emerging industry in india, the entry of private sector and foreign banks have brought various essential changes in the banking. The quality of work life or job quality is constituted by the set of work features which. Introduction the development and the rapid growth of the business world have created new activities and open new opportunities to the business organizations. Today the indian banking industry is witnessing boom times better than ever before. It is identify the quality of work life in leopole apparels for. A study on quality of work life among employees open access. Quality of worklife questionnaire doc download citehr.
It has been proved time and again that a good quality of work life. Get free research paper on worklife balance and its effect on employee productivity merchant bank project topics and materials in nigeria. Conceptual model of the interplay among work life balance, job satisfaction and academic disciplines 8 figure 3. This on worklife balance and employees job business changes demand. The availability of skilled managerial and technical manpower in india will. Quality of work life in banking sector two important factors namely quality of work life improvements and an increased desire by workers to have input and control over their own and their organizations success, drive the need for exploring even more employee centered, teamwork based approaches to bank administration. This paper is aimed at the theme of worklife balance, and to explain the significance of the said subject. Having a wide sample of friends and colleagues across many banks, i can confidently say that 80 hours is a much more reasonable estimate of a median ib week with obvious variability, particularly on the high end. However the role of work has evolved and its composition has significantly changed. Questionnaire was used to collect information from respondents.
Australian journal of business and management research vol. Summary of leave policies leave policy less than 12 weeks 26 more than median and 12 weeks weeks 26 weeks mean number of weeks maternity leave 09% 58% 25% 08% median. A study on quality of work life with special reference to leo pole apparels at coimbatore. Worklife balance and its effect on employee productivity a. A study of multiple worklife balance initiatives in. As a result, your company or organization cannot create the best worklife balance for you. In 1983, the first epz was established and started its operation. The importance, effect, causes, relationship, comparison, history, role, solutions are discussed.
The paper is intended to conduct the survey in public and private sector banks in guntur town. But the idea of worklife balance for employees focused on investment banks is often considered to be a myth. Impact of worklife imbalance on job satisfaction and. This research also analyses the work life of employees in private sector commercial banks. Qwl is a comprehensive program designated to improve employee satisfaction. Quality of work life qwl is a relatively new concept which is defined as the overall quality of an individuals working life. The employer cares about their employees and wellbeing. Worklife balance is a key area for quality concern gurus, who believes that. In spite of an abundance of literature on the quality of work and the quality of life, we still know little about the relationship between the individuals ability to balance working with other areas of life and overall life satisfaction. Work life balance in nepalese commercial banks nepal journals.
The study aims at determining the influence of work life balance on job. Thus, the study aimed to make a comparative satisfaction. Best worklife balance compared to bank of america and citi. Work life and personal life are two sides of the same coin. Quality of work life, bank employees, public, private, punjab. Worklife balance is the goal of many, even if the term trends towards the ambiguous. As on march 2012, iba has more than 173 members comprising of public sector banks, private sector banks, foreign banks having offices in india, urban cooperative banks, developmental financial. Punjab national bank in 1993, the number of nationalized banks reduced to 19 and number of. Following are the factors that led to the qwl movement in our country. As on march 2012, iba has more than 173 members comprising of public sector banks, private sector banks, foreign banks having offices in india, urban cooperative banks, developmental financial institutions, federations, merchant banks, mutual funds. Influence of work life balance policies on employee job. Work life does not merely means the facilities provided to the employees during office hours. Issues and challenges of work life balance in banking industry of. Health and worklife balance deutsche bank responsibility.
Introduction the place of work has been redefined owing to economic conditions and increasing social demands. Changing profile of the indian worker from and illiterate, rural, low caste individual to educated, urban and essentially belonging to upper strata of caste structure has made himher more concern for own hopes and. The present study makes an effort to compare the work life balance of employees working with public and private sector banks. Of the key findings of this safework sa funded research project. Worklife balance is a critical aspect to enhance teacher effectiveness and satisfaction in the context of student learning. Quality of work life at bajaj steel industries ltd.
Management training training and development programs for managers should include human resource management skills, the benefits of creating work life balance, and how to manage a more flexible. Work life balance and job satisfaction among faculty at. The specific objective of this research is to determine the extent to. Co questionnaire to evaluate training process doc download archive. It comprises of all the collusive feelings, which reside in the mind of the employee while he works in the organization, he is in the office or away from it. The multifaced demand between work and home responsibilities have assumed increased relevance for employees in commercial banks in recent years. Increasing work burdens, globalization and industrial development have made it an issue with both the sexes, all professionals, working across all levels and all businesses throughout the. A study of multiple worklife balance initiatives in banking. Working for a large investment bank is a laborintensive pursuit. Work life balance of employees a study on selected public and private sector undertakings synopsis of the thesis submitted for the award of the degree of. You can finally have a better life outside of work. Identifying the factors affecting worklife balance of.
A high quality of work life qwl is essential for organizations to continue to attract and retain employees. Abstractwith increasing levels of stress, competition and insecurities in life, worklife balance issues have become extremely important. Approaches to worklife balance in worklife report 2000, mention is made of. On an average we spent twelve hours daily life and it is the one third of our entire life. Quality of worklife, banking, cooperation, private sector, social environment. Quality of work life balancehaving a measure of control when,where and how individuals work,leading totheir being able to enjoy an optimal quality of life. Pdf employees satisfaction on quality of worklife at. Originally, work was taken up for purposes of survival and necessity. By seeing successful operation, the second epz was set up in 1993 in dhaka. Worklife balance and job satisfaction among teachers roberta maeran, francesco pitarelli francesco cangiano summary with the increase in female employment rates and the consequent weakening of the traditional model of family roles division man seen as.
This research can be helpful for banks to identify the factors which influence the employee worklife balance and the job satisfaction in the result and take decisions by the. Work life balance is achievedwhen an individuals right to a fulfilled life inside and outside paid work isaccepted and respected as norm,to a mutual benefit,of individual,business. The data were collected in the month of jan 2014 feb 2014 scope of the study. Literature on the topic mainly focuses on familyfriendly. Amongst various reasons for employee stability the quality of work life is one among them. This study is made attempt to analyses the quality of work life among employees. Scope of the study the proposed research work is limited to analyzing the factors affecting worklife balance of bank employees in jaipur region of rajasthan though they may differ from organization to or. It will explore the impact of open office environment, telework and work life balance on job satisfaction in the oil and gas organisation in the united arab emirates. Chapter 1 introduction to quality of work life this chapter serves as an introduction and provides the necessary theoretical framework for developing proper perspectives of the subject. The indian banks association iba was formed on the 26th september, 1946 with 22 members. Quality of life and satisfaction with the worklife.
Theworkforce today is more dynamic and young in nature and wants a greater control over their work and life. A study on quality of work life among employees open. Moreover, the study seeks the necessity to formulate. Meaning of qwl quality of work life is a persons life. Employees are looking for ways that will help them balance between work and personal life effectively. Quality of work life at bajaj steel industries l td. The standard multiple regression was used to generate results that indicate how well the set of variables representing worklife initiatives on time usage is able to. This project related to quality of work life of an employee pdf download. Quality of work life and organizational performance. When a child is home sick, the workload remains the same. Worklife balance and its effect on employee productivity. University of gujrat, and also tests the relationship among impact of work life balance on job satisfaction and organizational commitment among university teachers. Todays organizations need to be more flexible so that they are equipped to develop their workforce and enjoy their commitment. The purpose of this study is to examine the factors related to work life balance and job satisfaction.
A study on quality of work life among employees in select private. Work life balance and job satisfaction among the working. The changing dynamics of the workplace has forced the organizations to frame policies which are employeecentric. The problem identified in this study is poor working organizational culture in the commercial banks which may not encourage various types of work life balance practices. Hence, the study of work life balance and employee performance is imperative. M nagpur university in partial fulfilment of course in master of business. Quality of work life refers to the extent to which members of a work organization are able to satisfy their personal needs through their work experience in the organization. While there seems to be no agreed upon definition of quality of work life, it has been used as a construct which relates to the wellbeing of. The physical and mental wellbeing of our staff is important for their quality of life and performance at the workplace. The sample consisted of 146 randomly selected employees from two public sector banks and two private sector banks in chandigarh and periphery. Impact of work life balance on job satisfaction and. This is approved for students in accountancy, business, computer science, economics, engineering, arts.
Personally, i enjoy going to work daily and the job is very fullfilling. A study with reference to banking sector dear madam, i wish to introduce myself mrs. Quality of work life denotes all the organizational inputs. Worklife balance has been positioned in the reference literature as a key component of qwl 38,54555657 58, but it deserves to be noted that the employees level of emotional. The project has been undertaken in leo pole apparels at coimbatore. We know that flexible scheduling doesnt necessarily solve all worklife balance problems. Influence of work life balance on job satisfaction of. Certified private equity professional 1st year associate certified private equity pro. This study is based on the assumption that a job is more than just a job. That is why we empower our managers to make flex work decisions within their own teams to decide what works best for the individual and the company. The policy measures of government, rbi and bank management are given, to overcome the problems in wlb. Jun 26, 2015 project report on work life balance of employees figure 1 work life balance balancing 5 things in wlb figure 2 work life balance family successful parenting, the culture of care and selflessness that are part of family life, requires energy, time, patience and a tolerance for mess and confusion a tall order when the working day has proved. This study provides valuable implications for the banks that have growing interest in maintaining gender equity for attracting.
Worklife balance and job satisfaction among teachers. These employees effective management of worklife balance is essential. As individuals, we must find and create it for ourselves. Nowadays quality of work life is drawing more importance globally, organizations are facing many issues related to human resource of which, employee stability is one of the major problem and addressing it is a top most priority. Pdf on jan 1, 2015, radha yadav and others published employees satisfaction on quality of worklife at state bank of india find, read and cite all the research you need on researchgate.
Dec 08, 2016 worklife balance is the goal of many, even if the term trends towards the ambiguous. Project report on quality of worklife pdf this project report may help you. The study examined work life balance and employee performance in selected commercial banks in lagos state. The work life balance of women employees in banking sector is to determine the level of their work life balance which is having high importance on their total. The success of any organization is highly dependent on how it attracts recruits, motivates, and retains its workforce. I was top in sales in my store for almost a year at part time then i was asked to either quit or go into a no commission position because the company was trying to get managers to make more money nationwide. Quality of work life among male and female employees of private. How do investment bankers keep their work life balance.
Legislation enacted in early 20th century to protect employees from risks inherent in job and to eliminate hazardous working conditions, followed by the unionization movement in the 1930s and 1940s were the initial steps. Corporate doesnt see you as even a number, you are nothing to them. The main aim of the business case approach is that it results in a reduction in the absenteeism of employees and also portrays the organisation as a good employer. Thus the objective of this study is to examine the impact of work life balance on employee job satisfaction. This study investigated the status of worklife imbalance among hospital nurses in japan and impact of worklife imbalance on job satisfaction and quality of life.
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