Article
Work-Life Balance: Does it Impact the Job Satisfaction of the Employees in the Indian Banking Sector?
Keywords
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implementations, personalized, telecommuting
Abstract
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This study investigates the relationship between work-life balance, job satisfaction, and work-life balance policies among employees in the Indian commercial banking sector. A structured questionnaire was distributed to 601 bank employees who work in public private and foreign banks throughout Mumbai. Research data demonstrated that work-life balance maintains a strong statistical connection with job balance (β = 0.715, p < 0.05). Work-life balance perceptions diverged between workers in public banks and employees from private and foreign banks according to the results of the variance analysis (F(2,598) = 90.872, p = 0.001). The research discovered a substantial relationship between work-life balance policy implementation and work-life balance satisfaction because flexible schedules telecommuting and paid leave offerings were included. Banking institutions achieve better employee satisfaction results through their work-life balance initiative implementations. The research delivers specific guidelines to banks for creating personalized work policies that enhance both work-life balance and job satisfaction among their workforce.
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