Work Life Balance in Employees of Private and Public Sector Banks

Abstract

Work-Life Balance (WLB) is a term that has been increasingly used to refer to the equilibrium that an employee achieves between his professional and personal life. Work-Life Balance is a major component of the overall productivity of an organization. 46% of the workforce in India suffers from some of the other forms of stress due to work-related issues or family/personal problems at home. It’s not just workload that creates pressure but a lot of other factors that con-tribute to the increasing imbalance in work-life balance and are identified as unclear or conflicting job expectations, poor team working environment and low pay as contributing factors. With the help of extant literature, primary and secondary data, this paper has endeavored to look at the existing level of work-life balance among mid and senior level employees of public and private sector banks in the city of Ahmedabad, Gujarat.