A study on work life balance and job satisfaction of women employees working in new private sector banks

Abstract

The entry of new private sector banks enhances the operational efficiency and competitiveness in Indian banking industry. The new private sector banks have introduced new and innovative services and products in order to capture the high market share. This changes the working pattern of the women employees in banking sector. The findings shows that work life balance policies, work load, organizational support and financial support are determinants of work life balance of women employees in new private sector banks. The results indicate that there is significant difference between socio-economic status of women employees and determinants of work life balance in new private sector banks. The results also imply that work life balance policies, organizational support, financial support and work load are significantly and positively influencing the job satisfaction of women employees in new private sector banks. The new private sector banks should offer work-family support programmes namely child care support and flexi working timings to reduce employee's stress and facilitate to manage family and work effectively. In addition, new private banks must implement policies of prevention of sexual harassment, annual health checkups and maternity leave effectively.