Professional Documents
Culture Documents
ON
A STUDY OF WORK LIFE BALANCE OF EMPLOYEES IN ORGANIZATION
WITH REFERENCE TO
SARA ELECTRICAL
SUBMITTED TO
SAVITRIBAI PHULE PUNE UNIVERSITY
IN PARTIAL FULFILMENT OF THE REQUIREMENT
FOR THE DEGREE OF
MASTER OF COMMERCE
SUBMITTED BY
ANIKET YADAV
UNDER THE GUIDANCE OF
CMA VIPIN MISHRA
This report is neither full nor in part has ever been submitted for the
award of my other Degree this University of any other University.
Signature
Project Guided
I would like to thank CMA VIPIN MISHRA, MINAL JHA (HOD M.COM), for their kind
cooperation during my project work.
I convey my sincere thanks to my friends for their support, to my project report.
-ANIKET YADAV
EXECUTIVE SUMMARY
Choosing the best kind of a job to take is perhaps the most challenging task facing
contemporary professionals. Many people have therefore found themselves
being victims of wrong decision making as far as job-choice is concerned. This is
because professionals are usually attracted by monetary benefits in such a way
that they fail to consider other important aspects of jobs like non-monetary
benefits.
The employees benefit in that they develop healthy relationships with their
employers and at the same time they get time to build non-professional aspects
of their lives. This way, they are able to develop their careers positively and
engage in productive activities as they build their careers. On the other hand,
employers are able to achieve greater productivity of their firms since employees
are greatly motivated to work.
Employees give their best to the job due to the motivation and thus quality and
greater volume of production is guaranteed (Clayton, 2005, p. 27). The employers
also benefit in other ways since the benefits they give to their employees enable
them to gain good publicity that attracts more productive workers and more
customers if the firm is in the hospitality industry.
From the above discussion, it is apparent that work-life balance is of utmost
importance in organizations. Firms should therefore know how to appropriately
establish appropriate measures in order to enable their employees live a full life.
On the other hand, employees should strive to live a balanced life even in
conditions that are seemingly unfavourable. The following paragraphs explore
how employees and employers can achieve work-life balance.
Even though the relationship between a person’s professional life and his/her
personal life is indubitably rich, it may prove to be tricky to attain and keep a
healthy work-life balance. The following are some of the strategies that
employees can use to live a full life. First of all, it is of utmost importance for an
employee or employer to keep calm in challenging situations.
It is thus apparent that any job that gives an employee time to engage in the
aforementioned activities can be considered to be offering work-life balance. It is
also important for the employee to set boundaries for both professional and
personal activities.
Conclusion
They should ensure that they engage in productive personal activities and at the
same time avoid taking their professional problems home. It is thus of essence
that people evaluate prospective employers keenly to make wise choices as they
choose between jobs. This will ensure that they do not take jobs and regret later.
TABLE OF CONTENT
SR NO. CONTENT PAGE NO.
1 COVER PAGE 1
2 COLLEGE CERTIFICATE 2
3 COMPANY CERTIFICATE 3
4 DECLARATION 4
5 ACKNOWLEDGEMENT 5
6 EXECUTIVE SUMMARY 6-8
7 LIST OF CONTENT 9
8 LIST OF TABLE 10
9 LIST 0F GRAPHS 11
10 INTRODUCTION 13-22
11 REVIEW OF LITERATURE 23
12 COMPANY PROFILE 25-37
13 RESEARCH METHODOLOGY 37-58
14 DATA ANALYSIS & INTERPRETATION 59-70
15 FINDING CONCLUSION & SUGGESTION 71-74
16 BIBLIOGRAPHY 75
17 ANNEXURE 76-78
LIST OF TABLE
SR TABLE PAGE
NO NO.
1 AGE OF RESPONDENT 61
2 LEVEL OF EDUCATION 62
3 GENDER OF RESPONDENT 63
4 EMPLOYMENT STATUS 64
1 AGE OF RESPONDENT 61
2 LEVEL OF EDUCATION 62
3 GENDER OF RESPONDENT 63
4 EMPLOYMENT STATUS 64
CHAPTER 1
INTRODUCTION
INTRODUCTION:
Work-life balance is a concept that describes the ideal situation in which an
employee can split his or her time and energy between work and other important
aspects of their life. Achieving work-life balance is a daily challenge. It is tough to
make time for family, friends, community participation, spirituality, personal
growth, self-care, and other personal activities, in addition to the demands of the
workplace Because many employees experience a personal, professional, and
monetary need to achieve, work-life balance can be challenging. Employers can
help employees achieve work-life balance by instituting policies, procedures,
actions, and expectations that enable them to pursue more balanced lives, such
as flexible work schedules, paid time off (PTO) policies, responsibly paced time
and communication expectations, and company-sponsored family events and
activities.
Work-life balance is a concept including proper prioritizing between “work”
(career and ambition) and “lifestyle” (Health, pleasure, leisure, family and
spiritual development/meditation)1. Work life balance is a choice an individual
has to make. However, it is the organization that needs to take an initiative to
help the employees. Today, an employee is not looking at their employer just for
a job, also to care for their work life balance and their well being. If a company
addresses these needs, in addition to providing better career opportunities, they
can be very successful in providing job satisfaction to the employees. Companies
are adopting new means to ensure that their employees get enough time to enjoy
their personal life and spend time with family.
work-Life balance refers to an effective management or striking a balance
between the work which is remunerated and the personal or social
responsibilities which an individual is expected to perform.
In most developing countries, at least until recently, only men and women
worked outside of the home. The old, established joint Hindu family system
facilitated a clear division of responsibilities between the old and the young in
term of decision making, the oldest male member in a patriarchal society is the
head of household and would make all the important decision; male and female
the men would work outside the household, whereas the women are responsible
for raising children taking charge of a household responsibilities, including in
some low-income families in certain parts of India, walking many miles each day
to fetch water and fire wood.
Work life balance
DEFINITION:
Work life balance is a method which helps employees of an organization to
balance their personal and professional lives. Work life balance encourages
employees to divide their time on the basis on priorities and maintain a balance
by devoting time to family, health, vacations etc along with making a career,
business travel etc. It is an important concept in the world of business as helps to
motivate the employees and increases their loyalty towards the company.
WHAT IS WORK LIFE BALANCE?
Work life balance is all about creating and supporting a healthy work environment
which will enable a worker to have balance between work and personal
responsibilities. This will help in maintaining and strengthening employee loyalty
and productivity towards the company. Workers have many responsibilities to
take care of, such as work, family, housework and many more little things that
matter to them. Balancing between work and life has become a major issue
between workers as this conflict has been associated with numerous physical and
mental health problems. Work-life conflict impacts workers, employees and their
communities as well. A worker can only be productive when there is balance
between its work and life.
Work-life balance reduces the stress employees experience. When an employee
spends the majority of their days on work-related activities and feels as if they are
neglecting other important components of their lives, stress and unhappiness
result. An employee, who doesn't make time for self-care, eventually damages
their output and productivity.
COMPONENTS OF WORK-LIFE BALANCE
TIME MANAGEMENT
Time management is one of the major components to achieve work life balance.
It is a way of organizing and planning effectively the time required to complete
certain activities, it also helps in efficient use of your day. Time management can
be done on the basis of your work, whether it is urgent or important. It helps in
greater productivity and efficiency, less stress and better professional reputation.
STRESS MANAGEMENT
Stress management is a technique to reduce stress suffered by workers. As the
world is growing and changing faster every day, work becomes more complex
over time. Competition arises between workers to excel in the company. Workers
then start working under pressure of promotion and preference, this results in
stress of work. Workers must not come under stress while working rather than
stressing over deadlines.
SELF-MANAGEMENT
Self-Management is a way of managing one own self. A worker must take care of
its body, hygiene and nutrition. A worker must develop talents and potential to
enhance their quality of life. A worker must get enough sleep and exercise to be
productive and work effectively and efficiently for a company. If a worker excels in
managing one own self, then they will become more capable of managing tasks.
CHANGE MANAGEMENT
In this growing world, change has to be adopted no matter whatever the
consequences may be, continuously adopting new methods and re-adapting
others is vital to a successful career and a happy home life. Effective change
management involves making certain change management.
IMPORTANCE OF WORK LIFE BALANCE
Working on a job for a company and making a career can be an extremely time
consuming duty for any employee. Employees are busy at their offices throughout
the day and sometimes even on weekends. This gives them very little time to
interact with their family. Because of high pressure of work, often family
members get neglected. Also, stressful jobs cause the health of employees to
deteriorate. This is where work life balance come into the picture. Work life
balance concept allows an employee to maintain a fine balance in the time he or
she gives to work as well as to personal matters. By having a good balance, people
can have a quality of work life. This helps to increase productivity at workplace as
the employee is relaxed about his personal commitments. It also allows the
employee to give quality time with family to spend vacations, leisure time, work
on his/her health etc. Hence work life balance is extremely important for
employees and increases their motivation to work for the company.
What is the importance of work-life balance?
Work-life balance helps maintain mental health
Having a Healthy work-life balance means that employees will be happier when
they come to work. This, in turn, helps reduce stress and the chances of burnout,
two common health issues in the workplace.
Chronic stress occurs when employees are continuously stressed. It can lead to
mental health issues such as depression, anxiety, and insomnia, as well as physical
health issues including chronic aches and pains, heart troubles, and hypertension.
Burnout happens when an employee suffers too much stress over a long period of
time. Burnout can cause anything from mood swings and irritability, to fatigue
and a decrease in productivity. It can lead to employees seeking health care or
taking sick days, which in turn can become costly for a company.
It also helps with physical health
If employees are being too overworked, they are much more likely to be plagued
with physical ailments. This is especially true if they aren’t taking appropriate
breaks throughout the day. Some examples include:
Chronic pain/carpal tunnel syndrome: overworking, especially if the office
environment isn’t ergonomic, can lead to soreness or worse.
Higher risk of heart disease and high blood pressure: being sedentary is a big
contributor to these conditions.
It can make you more well-rounded
There’s a reason that CVs have a space for hobbies, and interviewers often ask
about what an employee likes to do outside of work. Being able to share stories,
knowledge, and experiences will allow employees to connect on a social level,
creating a tighter-knit team.
It increases productivity
A good work/life balance can enable employees to feel more in control of their
working life and lead to:
Ability to manage work and individual commitments
Improved personal and family relationships
Increased job security from the knowledge that an organization
understands supports workers with family responsibilities
Improved on-the-job and off the job relationship
Self-satisfaction
A happier, less stressed workforce
Improvements in employee health and well-being
A more positive perception of you as an employer
Greater employee loyalty, commitment and motivation
The study covers the various aspects in employee work life Balance and measured
increase in Productivity accountability, commitment better team work and
communication improved morale, less negative organizational stress. they can be
very successful in providing job satisfaction to the employees
STATEMENT OF PROBLEM:
An employee spend more than one third amount of his time in organization
working and hence any stress and problem in their work life will surely lead to
decreased productivity and labor turnover and thus it becomes essential for an
organization improved and maintain the balance of work life balance of
employees. This study focuses on “ the work life balance of employees” so as to
understand the needs and requirement of employees.
Chapter scheme:
First Chapter
The First Chapter is Introduction, which gives the outline of the project. The topics
included in this chapter are components, importance of work life balance, work
life balance benefits, objectives of the study, scopes of the study, statement of
problems.
Second Chapter
The Second contain Review of Literature
Third Chapter
The Third Chapter is Company Profile, which includes the details of the company.
Fourth Chapter
The lack of funds to travel out and also prepare adequate questionnaire for
circulatio
Time which is of essence has been limited due to the fact that, the researcher will
CHAPTER – 2
REVIEW OF LITERATURE
REVIEW OF LITERATURE
Singh S. (2013) mentioned Role stress theory in his paper Titled "Work- Life
Balance: A Literature Review" wherein the negative side of the work- family
interaction has been put under the spotlight. Recently, the emphasis has shifted
towards the investigation of the positive interaction between work and family
role as well as roles outside work and family lives, and scholars have started to
deliberate on the essence of work- life balance.
Goyal K.A, Agarwal A (2015) in the paper titled "Issues and challenges of Work
life balance in banking industry of India" explained that Work life balance
policiesand programs are an investment in an organization for improving
productivity, reducing absenteeism, achieving improved customer services, better
health, flexible working as well as satisfied and motivated workforce especially in
banking industry
Santosh R. S., Jain R. (2016) in their paper "Study of Effect of Commuting &
Working Hours on Work Life Balance of Working Fathers in Mumbai" proved
that Long working hours and long commuting are seriously affecting the Work
Life Balance of working fathers in metro cities. There is need to research and
investigate further on this subject in order to improve lives and productivity of
working men in metro cities of India.
Kumari L. (2012) in her study "Employees Perception on Work Life Balance and
its relation with job satisfaction in Indian Public Sector Banks" emphasized
thateach of the Work life balance factors on its own is a salient predictor of job
satisfactionand there is a significant gap between male and female respondents
with the jobsatisfaction with reference to various factors of Work life balance. The
result of thestudy had practical significance for human resource managers of
especially banks toimprove staff commitments and productivity along with
designing recruitment andretention employees.
CHAPTER – 3
COMPANY PROFILE
INTRODUCTION
COMPANY NAME : SARA ELECTRICALS
SHOP NO.7 JAY PEE HOUSE SILVASSA-396230 (U.T OF D&NH)
MOBILE NO: 9426897779
EMAIL: saraelectricals83@gmail.com
HEAD OFFICE: MOHALLA LODHIPUR NEAR CITY PARK TEHSIL SADAR
SHAHJAHANPUR r, Uttar Pradesh.
Sara Electricals Private Limited is a Private incorporated on 11 July 2017. It is
classified as Non-govt company and is registered at Registrar of Companies,
Kanpur. Its authorized share capital is Rs. 100,000 and its paid up capital is Rs.
100,000. It is involved in Manufacture of television and radio receivers, sound or
video recording or reproducing apparatus, and associated goods
Sara Electricals Private Limited's Annual General Meeting (AGM) was last held on
N/A and as per records from Ministry of Corporate Affairs (MCA), its balance
sheet was last filed on N/A.
Directors of Sara Electricals Private Limited are Mohd Haroon and Kavita.
Sara Electricals Private Limited's Corporate Identification Number is (CIN)
U32309UP2017PTC094850 and its registration number is 94850.Its Email address
is SARAELECTRICALSPLTD@REDIFFMAIL.COM and its registered address is
MOHALLA LODHIPUR NEAR CITY PARK TEHSIL SADAR SHAHJAHANPUR
Shahjahanpur UP 242001 IN , Current status of Sara Electricals Private Limited is -
Under Process of Striking Off.
Company Details
CIN U32309UP2017PTC094850
RoC RoC-Kanpur
Registration 94850
Number
Class of Private
Company
KAVITA DIRECTOR
Mission Statement
Our Mission is to provide those individuals with mental health and
substance use/addiction challenges a safe, inclusive and engaging
environment where self-determined needs are valued, and all are assisted
on their path to reaching their goals.
We can achieve this through best practice by helping those we serve
create a:
Path to Self: Reconnecting an individual with the person they want to be;
Path to Wellness: Exploring ways to successfully manage their mental and
physical health;
Path to Hope: Helping individuals to see that, despite potential barriers,
their goals are achievable;
Path to Empowerment: Developing the skills in effective problem solving
and decision making.
Vision Statement
Our Vision is for people with mental health and substance use/addiction
challenges to reach their full potential mentally, physically, socially and
spiritually.
Products
HT stands for High Tension or high voltage and LT stands for Low tension or low
voltage.
Inferable from the specific idea of the high voltage work, this theme does not give
full directions on the security of individuals dealing with or close high voltages. Or
maybe, it depicts the dangers and standards of safe frameworks of work so
associations can better co-work with the skillful people undertaking the work, and
all the more viably manage and help as per the requirements of the safe
arrangement of work.
The general dangers of power, i.e. electric stun, burns, fire, and blast, are
available at high voltage, yet the probability of genuine damage or harm is
extraordinarily amplified. For instance, a man giving away to a high voltage
through their body will be liable to burns but on the other hand is probably going
to blast into the fire, attributable to the warming impact of the current being
gone through him or her.
High voltage conductors are probably going to convey high streams and
subsequently keep running at apparently higher temperatures than low voltage
conductors, so additional consideration must be taken to prevent burns and fire
cases.
Transformer oil tends to degrade over time. The oil is exposed to undesirable
materials like acids, metal dust, moisture etc. When transformers contain
dissolved gases, dust, and other contaminants, it is time to take action for the oil
to be filtered and purified.
To know more about transformer oil filtration, here are the things that you should
know.
As cooler
When voltage goes up/down, the temperature of the transformer’s windings
increases, oil is used to cool down the condition.
As insulator
It acts as an insulator between the windings. It increases the resistance between
them and avoids short circuit.
For security
It operates the level of oil inside the transformer. The temperature display of oil
describes the inner condition of transformer and shows any short circuit status. In
this way, you will prevent the transformer from being severe losses and damages.
Consequently, the oil darkens in colour and the acid in it begins to increase. Oil
impurities are one of the major causes of transformers deterioration.To avoid
transformer failure, your insulating oil should be free from any contamination,
dirt and moisture. Thus, transformer oil filtration process is needed.
In this procedure, insulating oil is tested and treated so that transformers will
function efficiently.
Air Circuit Breakers (ACBs) are used as circuit protection for a wide range of low
voltage (up to 600V AC) applications, typically generators, MCCB distribution
boards, small power stations, etc with sizes ranging from 400A to 6300A or larger.
Protection is provided in either 3 or 4 pole configurations. Additional protective
devices can be fitted such as undervoltage releases and shunt trip coils together
with auxiliary contacts for remote signalling.
ACB are the cause of almost 20% of power distribution system failures, mainly
due to lack of maintenance, dust, hardened grease, corrosion and/or frozen parts
that prevent the proper operation of the trip linkage. It wasn’t long ago that
ageing electrical equipment was replaced but in today’s business environment,
maintenance is the preferred choice to ensure reliable operation and extend the
life expectancy.
VCB BREAKERS:
Vacuum offers the highest insulating strength. So it has far superior arc quenching
properties than any other medium (oil in oil CB, SF6 in SF6 circuit breaker).
For example, when contacts of a breaker are opened in the vacuum, the
interruption occurs at first current zero with dielectric strength between the
contacts.
However, the arc is quickly extinguished because the metallic vapors, electrons,
and ions produced during arc rapidly condense on the surfaces of the circuit
breaker contacts, resulting in a quick recovery of dielectric strength.
The salient feature of vacuum as an arc quenching medium is that as soon as the
arc is produced in the vacuum, it is quickly extinguished due to the fast rate of
recovery of dielectric strength in the vacuum.
CHAPTER – 4
RESEARCH METHODOLOGY
INTRODUCTION
The system of collecting data for research projects are known as Research
Methodology.
It is a way to systematically solve the research problem and it is a process of steps
used to collect and analyses information to increase the understanding of a topic
or issue.
Formulating the research questions along with sampling probable or non-
probable is followed by the measure that includes survey and scaling. This is
followed by research designed, which may be either experimental or quasi-
experimental
Meaning of Research methodology
Research is an ‘organized’ and ‘systematic’ approach of finding solution to
problem or finding answer to questions.
What Is a Research Methodology?
Methodology in research is defined as the systematic method to resolve a
research problem through data gathering using various techniques, providing an
interpretation of data gathered and drawing conclusions about the research data.
Essentially, a research methodology is the blueprint of a research or study
Types of Research
1. Quantitative Research
As the name suggests, quantitative refers to the numbers where data is collected
based on numbers, and a summary is taken from these numbers. Graphs help to
quantify the results in quantitative research.
2. Qualitative Research
Qualitative refers to the non- numerical elements in the research. When the
information or data cannot be grasped in terms of numbers, qualitative research
comes for the rescues. Though not reliable as much as quantitative, qualitative
research helps to form a better summary in terms of theories in the data.
Based on the nature of the research,
3. Descriptive Research
Facts are considered in descriptive methods and surveys and case studies are
done to clarify the facts. These help to determine and explain with examples, the
facts, and they are not rejected. Many variables can be used in descriptive
research to explain the facts.
4. Analytical Research
Analytical research uses the facts that have been confirmed already to form the
basis for the research and critical evaluation of the material is carried out in this
method. Analytical methods make use of quantitative methods as well
5. Applied Research
Applied research is action research where only one domain is considered and
mostly the facts are generalized. Variables are considered constant and
forecasting is done so that the methods can be found out easily in applied
research. The technical language is used in the research and the summary is
based on technical facts.
6. Fundamental Research
Fundamental research is the basic or pure research done to find out an element
or a theory that has never been in the world yet. Several domains are connected
and the aim is to find out how traditional things can be changed or something
new can be developed. The summary is purely in common language and logical
findings are applied in the research.
Based on research design,
7. Exploratory Research
Exploratory studies are based on the theories and their explanation and it does
not provide any conclusion for the research topic. The structure is not proper and
the methods offer a flexible and investigative approach for the study. The
hypothesis is not tested and the result will not be of much help to the outside
world. The findings will be topic related that helps in improving the research
more.
8. Conclusive Research
Conclusive Research aims at providing an answer to the research topic and has a
proper design in the methodology. A well Designed structure helps in formulating
and solving the hypotheses and give the results. The results will be generic and
help the outside world. Researchers will have an inner pleasure to solve the
problems and to help society in general.
9. Surveys
Not least Considered but Surveys play a main role in the research methodology. It
helps to collect a vast amount of real-time data and helps in the research process.
It is done at a low cost and can be done faster than any other method. Surveys
can be done in both quantitative and qualitative methods. Always, quantitative
surveys must be considered above qualitative surveys as they provide numerical
outputs and the data is real. Surveys are mainly used in the business to know the
demand for a product in the market and to forecast the production based on the
results from the survey.
10. Case Studies
Case studies are another method of research methodology where different cases
are considered and the proper one for the research is selected. Case studies help
to form an idea of the research and helps in the foundation of the research.
Various facts and theories can be considered from the case studies that help to
form proper reviews about the research topic. Researchers can either make the
topic general or specific according to the literature reviews from the studies. A
proper understanding of the research can be made from the case study.
Also, we have focus groups and research interviews to understand the research
methods in a well-defined manner. Structured and unstructured methods can be
followed by various methods.
Advantages of using different Research Methodology
Below are the advantages Mentioned:
In a research, critical evaluation of the topic is important to analyze and verify the
research. This helps the researcher to explore the research more effectively.
Various methods in the research helps to explore the research from different
perspectives and to analyze in a fact-driven manner.
Quantitative methods and surveys help to gain numerical outputs that help in all
the research. Results can be formed easily without explaining much in the thesis
with the help of numbers.
Reliable researches are important to make use of them and the methods help to
make it valid and useful to the topic and in a generalized manner. Several
methods help researchers formulate the research area and to improve their
knowledge.
Steps Involved In Research Process
1. Problem Selection of Research
2. Review of the literature
3. Making Hypothesis
4. Prepare the research design
5. Sampling
6. Data collection
7. Data Analysis
8. Hypothesis Testing
9. Define the population
10. Generalization and Interpretation
11. Preparation of Report
12.Report Design in Primary Stages
13. Report writing:
14 Closing the Report
If the secondary data you have gathered from internal sources is not sufficient,
you can turn to outside sources of data collection, some outside sources of data
collection include:
Universities
Government sources
Foundations
Media, including telecast, print and Internet
Trade, business and expert affiliations
Corporate filings
Commercial information administrations, which are organizations that find the
data for you.
While primary data can be collected through questionnaires, depth interview,
focus group interviews, case studies, experimentation and observation; The
secondary data can be obtained through
Internal Sources - These are within the organization
External Sources - These are outside the organization
Internal Sources of Data
If available, internal secondary data may be obtained with less time, effort and
money than the external secondary data. In addition, they may also be more
pertinent to the situation at hand since they are from within the organization. The
internal sources include
Accounting resources- This gives so much information which can be used by the
marketing researcher. They give information about internal factors.
Sales Force Report- It gives information about the sale of a product. The
information provided is of outside the organization.
Internal Experts- These are people who are heading the various departments.
They can give an idea of how a particular thing is working
Miscellaneous Reports- These are what information you are getting from
operational reports.
If the data available within the organization are unsuitable or inadequate, the
marketer should extend the search to external secondary data sources.
External Sources of Data
External Sources are sources which are outside the company in a larger
environment. Collection of external data is more difficult because the data have
much greater variety and the sources are much more numerous.
External data can be divided into following classes.
Government Publications- Government sources provide an extremely rich pool of
data for the researchers. In addition, many of these data are available free of cost
on internet websites. There are number of government agencies generating data.
These are:
Registrar General of India- It is an Office which Generate demographic data. It
includes details of gender, age, occupation etc.
Central Statistical Organization- This organization publishes the national accounts
statistics. It contains estimates of national income for several years, growth rate,
and rate of major economic activities. Annual survey of Industries is also
published by the CSO. It gives information about the total number of workers
employed, production units, material used and value added by the manufacturer.
Director General of Commercial Intelligence- This office operates from Kolkata. It
gives information about foreign trade i.e. import and export. These figures are
provided region-wise and country-wise.
Ministry of Commerce and Industries- This ministry through the office of
economic advisor provides information on wholesale price index. These indices
may be related to a number of sectors like food, fuel, power, food grains etc. It
also generates All India Consumer Price Index numbers for industrial workers,
urban, non manual employees and cultural labors.
Planning Commission- It provides the basic statistics of Indian Economy.
Research design
The research design refers to the overall strategy that you choose to integrate the
different components of the study in a coherent and logical way, thereby,
ensuring you will effectively address the research problem; it constitutes the
blueprint for the collection, measurement, and analysis of data.
Definition
A Research Design is simply a structural framework of various research methods
as well as techniques that are utilized by a researcher.
Research Designs Types of ?
Now that we know the broadly classified types of research, Quantitative and
Qualitative Research can be divided into the following 4 major types of Research
Designs:
Descriptive Research Design
Correlation Research Design
Experimental Research Design
Quasi-Experimental or Causal-Comparative Research Design
These four types of Research Designs are considered the most close and exact to
true experiments and are preferred in terms of accuracy, relevance as well as
quality.
Descriptive Research Design
In Descriptive Research Design, the scholar explains/describes the situation or
case in depth in their research materials. This type of research design is purely on
a theoretical basis where the individual collects data, analyses, prepares and then
presents it in an understandable manner. It is the most generalized form of
research design.
Experimental Research Design
Experimental Research Design talks about the cause and effect of the situation
and their relationship with each other. It is done under the proper observation of
independent variables on the dependent variable. The independent variable is
Sampling:
Introduction:
Sampling is a fundamental aspect of statistics, but unlike the methods of data
collection, sampling involves choosing a method of sampling which further
influences the data that result with.
Meaning:
Sampling is the process of electing units (e.g., people ,Populations )
A sample is basically a subset of a population selected to represent the population
as a whole. In the research, the population do se not mean only human
population all the time, it can be factories, schools, etc.
What Is Sampling?
Sampling is a process used in statistical analysis in which a predetermined number
of observations are taken from a larger population. The methodology used to
sample from a larger population depends on the type of analysis being
performed, but it may include simple random sampling or systematic sampling.
Definition:
“Sampling is a fundamental aspect of statistics, sampling is the process of electing
units. The process of selecting a sample from a population using special sampling
methods called as sampling.”
Needs of sampling in Research Methodology:
A) Probability sample :
Here all members have the same chance (probability) of being selected. Random
method provides an unbiased cross selection of the population.
The sample Unit are selected by using a number of methods like,
Lottery method
Ticket method
2. Systematic Sampling:
Each member of the sample comes after an equal interval from its previous
member.
3. stratified sampling:
stratified sampling
each group is further divided into smaller groups are members are selected from
each smaller groups randomly. It is called multi stage sampling as it involves many
stages.
5.cluster sampling:
Cluster sampling also involves dividing the population into subgroups. Instead of
sampling individual from each subgroup you randomly select entire subgroups.
cluster sampling.
Non-Probability Sampling:
1. Convenience sampling:
convenience sampling.
3. Quota sampling:
In this sampling population is divided into sub-groups from the sample items are
selected on the basis of a given Quota Or proportion.
For example, Quota sampling is a good method to use to non random select
groups based on gender.
Total 40 Selection in interviewer will be
1 men and 20 Women
1. Snowballing Sampling :
The research start with a key person and introduce the next one to become
a chain
CHAPTER: 5
DATA ANALYSIS & INTERPRETATION
Age of Respondent
Age of Respondent No. of Respondent Percentage (%)
Below 18 year 2 10
19-35 year 10 50
36-50 year 5 25
51-65 year 3 15
Above 65 year 0 0
Total 20 100
PERCENTAGE
60
50
40
PERCENTAGE
30
20
10
0
below 18 19-35 year 36-50 year 51-65 year above 65 year
Interpretation: The outcome of the survey shows that there is no respondent for
the age group of above 65 years. 50% respondent belongs to age group of 19-35
years and 25 % belongs to 36-50 years age group. 15% belongs to 50-65 years age
group and 10% to below 18 years.
LEVEL OF EDUCATION:
Level of Education No. of Respondent Percentage (%)
Class 8 3 15
Class 12 8 40
Graduate 4 20
Post Graduate 5 25
Total 20 100
PERCENTAGE
45
40
35
30
25 PERCENTAGE
20
15
10
0
CLASS 8 CLASS 12 GRADUATE POST GRADUATE
Interpretation: This study shows that 40% sample population has educated class
12 25% population is Post graduate and 20% are graduate. Only 15% population
has studied till class 8.
Gender of Respondent
Gender No.of Respondent Percentage (%)
Male 12 60
Female 8 40
Total 20 100
GENDER
male 60%
female 40%
Interpretation: This study shows that the sample population consists 40% female
and 60% male.
Employment status
Employment status
60
50
40
Employment status
30
20
10
0
Employed Unemployed Self-Employed
Interpretation: This study shows that population sample consist 50% employed,
20% Unemployed and 30% self- employed.
Annual Income
RS 1,00,000-Rs2,00,00
10%
Rs2,00,000-
Above Rs 4,00,000 Rs3,00,00
60% 30%
INTERPRETATION
According to research it was found that maximum60% of the respondent were
having their above Rs4,00,000 , 30% respondent were having their income
between Rs2,00,000 to Rs3,00,000 , 10% of the respondent were having their
between Rs1,00,000 to Rs2,00,000 , and 0% were having below Rs1,00,000
WORKING DAYS
70
60
50
40 WORKING DAYS
30
20
10
0
LESS THAN 5 DAYS 5 DAYS 6 DAYS 7 DAYS
Interpretation:
60% of the employees are working 6 day in a week.
10% of employees are working 7 days in a week.
30% of employees are working 5 day in a week.
From the above analysis we can know that most of the employees are working 6
days in a week
and 10% of employees are 7 days a week. And they need some rest, at least 2
Saturdays in a
month to spend with their families
work Hours
7to8 8to9 9to10
10to12 more than 12 hrs
15% 15%
25%
45%
Interpretation:
o 15% of employees are working 7-8 hours per day.
o 45% of employees are working 8-9 hours per day.
o 25% of employees are 9-10 hours.
15% of employees are 10-12 hours.
From the above analysis we can know that the maximum no of employees are
working more than 8 hours to reach their targets in time by setting goals and also
working more effectively and efficiently to increase the company standards in
quality. (For this, at least they should have the flexible staring time).
Balance of work-life of the Respondent
Sr.
No. Respondent Number of Percentage%
Respondent
1 Yes 15 75%
2 N0 5 15%
Total 20 100%
70
60
30
20
10
0
yes no
Interpretation:
75% of employees are saying yes.
25% of employees are saying no
Sr.
No. Respondent Number of Percentage%
Respondent
1 Yoga 4 20%
2 Entertenment 6 30%
3 Maditation 6 30%
4 Dance 4 20%
total 20 100%
Manage stress
Yoga Entertenment Mediteation Dance
20% 20%
30% 30%
Interpretation:
There is the employees the manage stress arising do 30% Entertenment, 30%
Maditation, 20% do yoga and 20% Dance
Yes
No
Interpretation: Study to show that 65% customer are having relationship with
another bank too while 35% has their account in Federal bank only.
CHAPTER- 6
FINDING, CONCLUSION AND SUGGESTION
After analysis the data provided by the respondent the researcher has come up to
following results which can be explained as under:
1. Age of respondent: it was found that maximum 60% of respondents were in
the age group of 41-50 years, 15% Respondent were between the age group of
31-40 years, 15% respondent were in the age group of 20-30 years. Whereas 10%
Respondent were in the age group of above 50 years.
2. Gender of the Respondent: it was found that maximum 100% of the
respondents were male.
3. Marital status: it was found that maximum 80% of the Respondent where
married. Whereas,20% were unmarried.
4. Educational qualification: it was found that maximum 55%of respondent were
graduated, 25% respondents were post-graduated, 10% respondents has
completed their schooling, , whereas 10% respondents are professionals.
5. Annual Income: it was found that maximum 60% of the respondent were
having their above Rs4 ,00,000 , 30% respondent were having their income
between Rs 2,00,000 to Rs 3,00,000 , 10% of the respondent were having their
between Rs 1,00,000 to Rs 2,00,000.
6. Working days in a week: 60% of the employees are working 6 day in a week.
10% of employees are working 7 days in a week.
30% of employees are working 5 day in a week. From the above analysis we can
know that most of the employees are working 6 days in a week and 10% of
employees are 7 days a week. And they need some rest, at least 2 Saturdays in
month to spend with their families.
7. Normally Work: 15% of employees are working 7-8 hours per day.
45% of employees are working 8-9 hours per day.25% of employees are 9-10
hours.15% of employees are 10-12 hours.
From the above analysis we can know that the maximum no of employees are
working more than 8 hours to reach their targets in time by setting goals and also
working more effectively and efficiently to increase the company standards in
quality. (For this, at least they should have the flexible staring time).
8. Balance of work-life:
75% of employees are saying yes.
25% of employees are saying no.
9. Manage if stress arising from your work.
There is the employees the manage stress arising do 30% Entertenment, 30%
Maditation, 20% do yoga and 20% Dance
CONCLUSION
Work-life balance is a concept including proper prioritizing between “work”
(career and ambition) and “lifestyle” (Health, pleasure, managing
relationships, family responsibilities and spiritual development/meditation,
other interest and hobbies.)
“work-life balance” typically means the achievement by employees of
equality between time spent working and personal life. A good work-life
balance for employees can improve staff motivation, increase staff
retention rate, reduce absence, attract new talent, and reduce employees
stress.
A poor balance between an employees work commitments and their other
responsibilities can lead to low productivity as well as high stress and
absentees, meanwhile, employees with better work-life balance often have
a greater sense of responsibility, achievement, ownership and control of
their working life.
The family and work life are both important to employees in any sector if
these are not maintain properly it creates stress. This study is found
important because it tries to know the work-life balance of employees.
The researcher has been able to successfully reach the objective of the
research. Researcher has studied the topic “work-life balance of employees
in organization activity carried out at the organization.
It also helps the organization maintain work and life balance.
SUGGESTIONS
The effective employee work-life balance has better organizational
commitment which leads to better production output and minimum
employee turnover.
From the study it is clear that employee work life balance is good, But there
is a small gap from employee satisfaction to company
BIBLIOGRAPHY
BOOKS:
1) REASERACH METHODOLOGY METHODS AND TECHNIQUE
BY C.R KOTHARI.
2) WORK LIFE BALANCE MYTH BY MATTHEW KELLY.
WEBSITES:
1) https://www.insiderbiz.com
2) https://connect2india.com
3) www.ndtv.com
QUESTIONNAIRE
1. Age of Respondent:
A) 20-30 C) 41-50
B) 31-40 D)above 50
2. Gender:
A) Male
B) Female
3. Marital status:
A) Married
B) Unmarried
4. Educational qualification:
a) Schooling ☐ c) Post-graduation ☐
b) Graduation ☐ d) Professional
5. Annual income :
a) Below Rs 1,00,000 ☐
b) Rs 1,00,000 to Rs 2,00,000 ☐
c) Rs 2,00,000 to Rs 3,00,000 ☐
d) Above Rs 4,00,000
B) 5 DAYS D) 7 day
A) 7-8 HOURS
B) 8-9 HOURS
C) 9-10 HOURS
D) 10-12 HOURS
A) YES
B) NO
9. Family structure:
A) Nuclear
B) Joint
10. Give priorities to the followings:
A) career B) wealth
C) Health D) Family
11) Do you feel that you are able to balance your work life ?
A) Yes
B) No
A) Yoga B) Meditation
B) Entertainment C) Dance
Many review studies were handled to provide valuable insights into customer
retention issues and factors that could influence it positively and effectively. This
study systematically reviews and analyzes customer retention and its related factors
of 30 research studies from 2005 to 2019. The main findings contain that the most
common factors that affect customer retention are service quality, satisfaction, trust,
and commitment. Moreover, most of the customer retention studies were focused
on the banking sector, followed by the studies that concerned about retail industry
issues. Additionally, most of the conducted studies were undertaken inMany review
studies were handled to provide valuable insights into customer retention issues and
factors that could influence it positively and effectively. This study systematically
reviews and analyzes customer retention and its related factors of 30 research
studies from 2005 to 2019. The main findings contain that the most common factors
that affect customer retention are service quality, satisfaction, trust, and
commitment. Moreover, most of the customer retention studies were focused on the
banking sector, followed by the studies that concerned about retail industry issues.
Additionally, most of the conducted studies were undertaken in
Themost respondents sometimes feel
Inadequate text books to research on