Work Life Balance Introduction

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Work life balance
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 it helps to motivate the employees and increases their loyalty towards the company. It involves balancing career demands with personal & family needs. As Alan Felstead and his colleagues note (Felstead et al., 2002, p. 56), work–life balance can be defined as ‘the relationship between the institutional and cultural times and spaces of work and non-work in societies where income is predominantly generated and distributed through labour markets’.
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• More engagement of employees: By helping people to find the perfect balance between work and home, there is a need to increase their engagement levels. This has many positive effects: According to Tower Perrin’s 2006 global survey; “Companies with highly-engaged employees had a near 52% gap in performance improvement in operating income.” Additionally – “Companies with high levels of employee engagement improved 19.2% in operating income while companies with low levels of employee engagement declined 32.7%.”
• Less burnouts: Due to work pressure we all get stressed so it is important to manage the work accordingly and the organizations should give them off from time to time and should encourage them to leave work at work place
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It makes the internal HR systems last long so that the HR managers can provide a better balance between work and personal/family life. II. Objectives
• To find out the emerging trends taking place in business world keeping the view of work life balance
• To understand the practices used by employees to achieve work life balance
III. Research Methodology The paper is based on secondary data and the data is collected from journals, e- books, articles, internet and government of India and other recognized national & international association/institutions/organizations/official website. The data available on these websites are regularly updated and the website is directly under the control of recognized authorities. IV. Work-Life Policies as Strategic Human Resource Management
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