“A STUDY ON WORK LIFE BALANCES OF

EMPLOYEES SHRIRAM LIFE INSURANCE"

Synopsis Submitted in partial fulfillment of the

requirements for the Award of the Degree

MASTER OF BUSINESS ADMINISTRATION OF

BENGALURU NORTH UNIVERSITY

Submitted By:
Ms. SINI K SAM;
REG NO:P19BU21M0096

Under the guidance of

SHILPA B.S

Assistant Professor

KOSHY’S INSTITUTE OF MANAGEMENT

BENGALURU NORTH

UNIVERSITY 2021 - 2023

A STUDY ON WORKLIFE BALANCES OF EMPLOYEES SHRIRAM LIFE INSURANCE

(Bangalore )

INTRODUCION

Work Life Balances is challenging for both employee and employers to balance their work and family
life .This conceptual Paper on Work Life Balance give a frame on meaning and importance of Work Life
Balance. The push and pull between Family and responsibilities. In these the poor Work Life Balance
will give suggestion to overcome those obstacles. In this Paper, we highlighting about the Work Life
Balance and to understand the reader in depth knowledge on balancing Their own work and personal
[Link] go to the higher position in organization it requires to work for long working hours and deal
with difficult issues. Some days it is quite interesting and exciting and other days stress full and
tension. For many people it’s a situation Arises how they manage their work and life. Employee who
believe they have no time for their personal life feel

Distracted while they are in work. Those negative aspect into employee personal life can lead to job
exhaustion Disruption of relation with families and increasing work life balance is to maintain and
create healthy environment, In which employee has a balance between work and family thus
strengthen ones loyalty.
2 NEED OF STUDY

[Link] is no perfect balance you should be striving for. As we have different life and different priorities
for each

of us WLB is different.

2. Balancing the work and family life is more important.

3. The possible solutions or measure of work life balance is also mentioned in these paper

3 SCOPE OF THE STUDY

The study is confined to the secondary data based the analysis of the review given by the various
authors and data

collected by company websites.

1. In this study the stress between the family and job to handle the situations.

2. In this study all the work life balance practices and how to implement work life balance business
strategy

4 OBJECTIVES OF THE STUDY

1. The first objective is the importance of the work life balance and their benefits

2. The second objective is to implement the work life balance strategy and what can organizations do.
5 RESEARCH METHODOLOGY OF THE STUDY

Primary data: Data observed or collected directly from first-hand experience is called primary data.

Responses through questionnaires

Secondary Data: Secondary data is the source of information which is already existed in journals is,
books, and the

Company websites etc

• Company Websites

•Journals

•Magazine

• Texbook

6. LIMITATIONS OF THE STUDY

1. Due to the time concern the secondary data is used to find out about the work-life balance

2. In these how effectively we can implement work life balance

7. REVIEW OF LITERATURE

Murphy & Doherty (2011) revealed that it is not possible to measure work-life balance in an absolute
way, because
Personal circumstances influence the way this is perceived. Long hours and presentism form “part of
job” when

Accepting a role at higher level. However, modern technology has helped this to some extent by
allowing senior

Managers to be accessible instead of having to be present in office

[Link](2007) suggested that re conceptualization is required to analyze both work-life balance and
relationship

Between work& life. This implies current work-life balance policies are myopic in terms of addressing
needs &

Aspirations of employees.

Jawaharani (2011) and [Link](2011) found that work-life balance is key driver of employee
satisfaction which

Include recruitment & retention of valuable work force, reduced absenteeism, reduced employee stress,
health

Benefits, job satisfaction and better life-balance.

DATA INTERPRETATION

It is clear that for the better balance should handle the both work and family. The work life balance is
very
Important. Women is also good in work life balance.

8. WORK LIFE BALANCE IMPORTANCE

It is important to draw a distinction between work and personal life. Employees who are constantly fed
up with the

Job deals with stress and burnout. The person doesn’t have time to relax and recharge their
performance suffers. It

Important person to take time off from the work instead of working longer hours. A proper schedule is
to be

Maintained for their work, family, friends so that the mental stress decreases.

The individual is running out for doing their best from adding additional task to his brain and not
handling the

Situation. Once the time of work is over the person need to learn to walk away from laptop and not
answering the

Call.

In this busy world, because of work pressure no one will close to their loved once and not available for
the friend

And family. They also suffer from illness and medical disorders from prolonged stress such as heart
diseases and
Diabetes.

Work Life Balance Benefits:

Employee in company already availing the benefits of the work life practices

•Without guilt or regret effectively managing multiple tasks as well as responsibilities at home and
work.

• Earning an income and managing the personal life.

•As a part of supportive work place that values and trusts staff.
And people want to have:

•A good life.

•A career progress and joyful work life.

• Training and development.

• Good health.

•Available of child care and elder care.

• Further education.

•More money.

• Time to travel.

• Time with friends and family.

• Time for sports.

•Time to do voluntary work

There is no single definition on WLB is to translate with satisfaction with one’s whole life –professional
and

personal—and working long hours.

The balance is changing when it from a single life and will be different when you marry or you have
children; it

place a key role of right balance of today lead to different from you [Link] is based on the daily
basis or it will

vary over time.

Life is and should be more fluid and that. Trying to schedule an equal number of hours for each of your
various

work and personal activities is usually unrewarding and realistic. Work life balance does not mean an
equal balance.

There is no perfect balance you should be striving for. As we have different life and different priorities
for each of us

WLB is different

Work Life Balance In Women vs Men

It was a tremendous change from the past 20years in work place and families. Women are working
equally with
men and relatively earning along with them sometimes more than them. Some people still behave as
the men’s

primary job is to earn and women to take care of their home and families.

How to Implement a Work Life Balance Strategy

Before going into the concept of work life balance strategy, it is important to discover the needs of the
business. For

this, the organization is introducing some help desks for the employees or staffs in between the working
hours.

These help desks will be useful to get their view, it may also generates the new and innovative ideas for
the

improvement of WLB. With these views, the organization will review the existing policies and develop
the new

work-life balance strategy.

What can the organization do?

• Make some awareness programs in organization

• Use success stories and case studies as an inspiration

• Promote flexible options for balancing the work-life

• Demos and suggestions from seniors

•Establishing the brainstorming sessions to get more reviews on WLB.

•Focus on outcome not on a time that has spent in office

•As a part of regular performance the question “what can I do to support and achieve work life balance”

•As a part of it “what barriers are to be removed or challenged?” Ensure that they take an action on the
request

•Shift thinking away from thinking that presence equal professionalism and performance
11. SUGGESTIONS OF THE STUDY

1. A proper time should be given to their own interest because it is necessary to refresh to overcome the
physical as

well as mental stress

2. The people who stay long at home for office work they need a morning walk and long walk for better
health and

energize them well

3. To refresh the tonic of mind and body people whose nature is not to stay long in office they adopt
hobbies like

indoor and outdoor games

4. Always give time to spouse children, elders, relatives, friends,even home workers according to their
available

time

5. Your soul will be thirsty in all this work life management if we ignore,it will effect on health,wealth,
joy even any

big achievement can felt nothing by ignoring the spiritual activities

OVERVIEW OF THE CHAPTER SCHEME

Chapter Contents % of total length

Reg No : P19BU21M0096 ASSISTANT PROFESSOR

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