Abstract
A STUDY OF WORK LIFE BALANCE PRACTICES AND ITS EFFECTS ON ORGANIZATIONAL PERFORMANCE AND ORGANIZATIONAL CULTURE
Nidhi Srivastava*
ABSTRACT
Work Life Balance is used to describe those practices at work place that acknowledge and aim to support the needs of employees in achieving a balance between the demands of their family life and work lives. Successful businesses create an organizational society that encourages employees to feel dedication and commitment to the company. The purpose of this paper to analyze the literature review on work-life balance, its dimensions, effects on organizational performance and organizational culture and attempts that have been made to create a balance between work and life. The results of a number of studies reviewed in this paper show the outcomes and the benefits of implementing work life balance practices not only for employees themselves, but also for their families, society and Organizations. In spite of the fact that work-life conflict has significant business costs associated with lack of engagement, absenteeism, turnover rates, low productivity and creativity or poor retention levels, there are some factors of organizational work-life culture that may compromise availability and use of these practices. What are the challenges for research and practice in the future? In the end of the article we propose several suggestions (guidelines) in order to improve our understanding, choice, implementation and effectiveness of work-life practices.
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