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GENERAL INFORMATION TITLE OF THE STUDY


A study on work life balance of employees at TCI XPS, Bangalore.

Definition
A comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle. Most psychologists would agree that the demands of an employee's career should not overwhelm the individual's ability to enjoy a satisfying personal life outside of the business environment. Meaning of work life balance Work-life balance is where work interacts positively with all the other activities important in life, e.g. family time, leisure, self development, community participation, care responsibilities. Work-life balance will vary for each person and will change throughout life. It is not just for busy executives who work long hours to get ahead, it can also be for the disabled whose problem may be lack of flexibility and choice.

Factors influencing the evolution of work-life balance


People have always integrated the different parts of their lives and work-life balance has long been of concern to those interested in the quality of working life and its relation to the broader quality of life
Globalisation processes Globalisation processes, fuelled by technology, have given rise to the 24-hour international market place, which has driven the expansion of atypical working hours. This has led to the need for organisations to develop more flexible working arrangements.

Rise of technology enabling new ways of working The rise of technology, such as the Internet and the mobile phone, has been cited as another major factor affecting change as it enables new ways of working (such as home

working or other off site working) to be adopted in particular working from home. Developments/increasing pressure at work Analysts maintain that the pressures in work, for those in work, have been intensifying over recent years. The rising information load, the need for speed of response and the importance attached to quality of customer service and its consequences have all been cited as reasons. People are working longer hours and under greater pressure. Intensity is taken to refer to the proportion of time spent working at very high speeds and to tight deadlines. Developments/increasing pressure in life outside work There is growing concern in communities that the quality of home and community. Various the growth of single parent families, the privatisation of family life and the lack of local resources and facilities. There is a higher proportion of women than everbefore from all social classes participating in the workforce Added to this is the increased pressure of work which is reflected in longer hours, more exhaustion and the necessity of evening and weekend work. This led to decrease in quality family time resulting in imbalance.

Advantage of Work-Life balance


1. Reduced stress, absenteeism and health costs: Employees today are generally more stressed which reduce performance levels. Absenteeism due to family commitments and stress could be a major reason for low performance levels. Work-Life initiatives improves employee performance by reducing absenteeism, lateness, health care and sick-leave and hence their related costs. People who are free of worry about what is going on at home can be more productive at work. 2. Improved staff morale and engagement Work-Life helps employees lead a healthier and more balanced life by allowing them to better concentrate at work, improving the work environment by increasing motivation and job satisfaction. Other studies have shown that improved staff morale lead to more committed staff and better performance. 3. Improved customer satisfaction:
Better customer response is possible through telecommuting and the longer operating hours that can be arranged by giving employees flexibility. At the same time, more motivated employees who have their personal needs addressed are more likely to go the extra mile to keep customers happy.

Turnover, and the subsequent need for re-establishment of relationship and rework, is also listed as major factor contributing to loss of customers

4. Reduced costs: Office rental and utilities savings due to telecommuting are the strongest quantitative researches to show the financial benefits of Work-Life Programmes. 5. Improved recruitment, retention and reduced turnover: Work-Life initiatives give organisations a human face that allows prospective employees to distinguish one employer from another. To attract employees and hold on to them, forward thinking companies are letting their employees know that they are just as concerned about their employees lives outside work and about helping them to manage their work and personal commitments and aspirations. Work-Life Programmes key advantage is therefore positive branding in recruitment and retention of talent. Employee referrals also increase. Employee benefits from work-life balance Easier ability to participate more fully in paid work as well as other activities that are important, e.g. spending time with family, leisure, personal development and community activities. Improved self esteem, health, concentration, confidence, loyalty and commitment. Greater control of their working lives. Happier at home as well as: Greater responsibility and a sense of ownership. Better relations with management.

Statement of the problem In the organisational study it was found from the management that performance of the employees is low . It was also found through formal and informal discussion with employees that there is no proper balance between work life and personal life of employees, and quality of work life does not exist. Most of the employees in the organisation are struggling to maintain their professional and personal life, therefore they are not able to achieve their organisational goals., The neglection of work life balance by the employees has had determinal effect on organisational performance. The study is an attempt to find out nature ,importance, significance and problem related to work life balance. The study is a small sincere attempt to find out suitable strategies for proper work life balance of employees in TCI XPS.

Objectives of the study : To study the factors affecting work-life balance. To study the issues in managing the balance between work life and personal life. To suggest strategies to maintain a healthy work life balance.

Scope of the study: This study is confined to Bangalore only. This study is conducted in TCI XPS ,Bangalore. The study was conducted for the time duration of 40 days.

Methodology
Research design Type of research : Descriptive Research. The main goal of descriptive research is to describe the data and characteristics about what is being studied. The idea behind this type of research is to study frequencies, averages, and other statistical calculations. Although this research is highly accurate, it does not gather the causes behind a situation. Descriptive research is mainly done when a researcher wants to gain a better understanding of a topic. It is quantitative in nature. Sample size The study was conducted with a sample size of 35 respondents. Employees of the TCI XPS organisation have been identified and questionnaire was administered. Sampling technique The sampling technique used in this study is stratified random sample. Stratified random sample is a technique Sampling unit Sampling unit in this study is limited to employees of TCI XPS. Data collection : Primary data :Questionnaire Open ended questions Close ended questions Secondary data: Annual Reports ,Articles, Websites

LIMITATION The survey is subjected to the bias and prejudices of the respondents. Time constraints The study was confined to Bangalore.

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