WORK-LIFE BALANCE: A COMPARITIVE ANALYSIS OF PERCEPTIONS OF EMPLOYEES WORKING IN PUBLIC AND PRIVATE SECTOR BANKS IN MYSURU CITY

Abstract

Services play a central role in the economies of both developed and developing countries. They account for nearly half of the gross domestic product of all developed economies and constitute single largest sector in most developing economies like India. Work-life balance is a concept of having proper prioritizing between “work” and “lifestyle”. Both of these are inseparable and form a source of conflict. The aim of this study is to find out the employee’s perception regarding their work life balance, between public and private sector banks in Mysuru. WLB factors such as working environmental variables, leave policy variables and WLB Programme variables were being considered. Exploratory research method is employed. Simple Random sampling method is followed. Survey was conducted and data was analyzed on the basis of responses provided by 90 (48 respondents from public sector banks and 42 from private sector banks) respondents. Data was analyzed with the help of descriptive statistics, mean, t-test and Anova. The findings of the study revealed that there is a no significant relationship between demographic factors such as designation, age, gender and experience and WLB factors of employees working in public and private sector banks. The study has suggested that if there is implementation of work life balance programmes in their banks, employees would be self-motivated and their commitment towards the organization shall increase.