A Comparative Study of Work – Life Balance Policies and Practices in Public Sector and Private Banks
Keywords:
Work-Life Balance, Work-Life Balance Practices, Bank ManagersAbstract
Due to the challenging nature of job in banking sector, the employees are forced to work comparatively longer hours. The prevailing tough competition between banks and the increasing number of financial products and services offered by banks also creates work pressure among the employees. This lead to poor work-life balance and create many issues. The present study has been carried out with a view to assess the work-life balance level of bank managers and compare the perceived work-life balance policies and practices adopted in public sector banks and private banks in India. Efforts have also been made to find out the impact of work-life balance practices on the work-life balance level of bank executives.The findings reveal that there exists a poor work-life balance among the bank managers and the work-life balance practices adopted in banks have a considerable impact on their work-life balance.
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