A Comprchensive Study On Work Life Balance
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DEEPAKA Comprchensive Study On Work Life Balance
Uploaded by
DEEPAKA
SYSNOPSIS REPORT
ON
A COMPRCHENSIVE STUDY ON WORK LIFE
BALANCE
In the partial fulfillment of the requirement for
The award of the degree of
Master of Business Administration
2017-2019
SUBMITTED TO : SUBMITTED BY
Mrs. Parul Kumar ADEEBA SHAMSHI
MBA 4th Sem.
Roll No. 1708570033
S.D. COLLEGE OF MANAGEMENT STUDIES,
MUZAFFARNAGAR
Introduction
"Hardworking, committed” are words that we hear every time when we try to
understand thework ethic of Indians. Whilst EU insists on a 40 hour week and the
western world moans aboutworking 50 hours an average Indian works at least 50
hours if not more in a week. We haveculturally been groomed to believe in a day’s
honest work. It is not that we are incapable ofworking smart. There are many smart
workers who manage their tasks and time efficiently butthey also tend to put in
long hours.The question that comes is what does work life balancemean in an
Asian and specifically Indian context?
In India, these days it is very rare to find a house wife or a house husband. When
families haveboth husband and wife working discussing work life balance
discussions from a woman’sperspective is not relevant. More and more couples
became vocal about sharing the burden ofrunning a household. Blame it on
education, increased awareness.
Companies have begun to realize how important the work-life balance is to the
productivity and creativity of their employees. Research by Kenexa Research
Institute in 2007 shows that those employees who were more favorable toward
their organization’s efforts to support work-life balance also indicated a much
lower intent to leave the organization, greater pride in their organization, a
willingness to recommend it as a place to work and higher overall job satisfaction.
Employers can offer a range of different programs and initiatives, such as flexible
working arrangements in the form of part time, casual and telecommuting work.
More proactive employers can provide compulsory leave, strict maximum hours
and foster an environment that encourages employees not to continue working after
hours.
Mental health is a balancing act that may be affected by four factors: the influence
of unfavorable genes, by wounding trauma, by private pressures and most recently
by the stress of working. Many people expose themselves unsolicited to the so-
called job stress, because the "hard worker" enjoys a very high social recognition.
These aspects can be the cause of an imbalance in the areas of life. But there are
also other reasons which can lead to such an imbalance. Even in the days of illness,
the proportion of failures due to mental disorders increased. Statisticians calculated
that 41 million absent days in 2008 went to the account of these crises, which led
to 3.9 billion Euros in lost production costs. For companies it is time to act and
support their employees with a healthy work-life-balance.
Objective of the study
To find out effects of quality of work life in IOCL Guwahati Refinery.
To gain an insight into current working time policies and practices, as well as
work-life balance issues in IOCL Guwahati Refinery.
Limitation of study
The study suffered from time constraints as it is completed within the short
period of two months.
The data collected and all the ground work that was felt necessary had to be
done by author itself. Thus huge work force was another constraints in the
study
There was dearth of free time in hands of the employees. As such carrying
survey and getting the questionnaire filled correctly on time was
challenging.
Scope of the Study
This study will help to know the need of
More value and balance in life
Understanding the best work life balance
Increased productivity
Better relationship both on and off the job
Reduced Stress
Measured increase in productivity, accountability, commitment
Better teamwork and communication
Literature review
According to a survey conducted by the National Life Insurance Company, four
out of ten employees state that their jobs are "very" or "extremely" stressful. Those
in high-stress jobs are three times more likely than others to suffer from stress-
related medical conditions and are twice as likely to quit. The study states that
women, in particular, report stress related to the conflict between work and family.
Work-life balance concerns of men and women alike
Similar discrimination is experienced by men who take time off or reduce working
hours for taking care of the family.
For many employees today—both male and female—their lives are becoming
more consumed with a host of family and other personal responsibilities and
interests. Therefore, in an effort to retain employees, it is increasingly important
for organizations to recognize this balance.
Young generation views on work-life balance
According to Kathleen Gerson, Sociologist, young people “are searching for new
ways to define care that do not force them to choose between spending time with
their children and earning an income" and “ are looking for definition of personal
identity that do not pit their own development against creating committed ties to
others”. Young adults believe that parents should get involved and support the
children both economically and emotionally, as well as share labor equally. Young
people do not believe work-life balance is possible and think it is dangerous to
build a life dependent on another when relationships are unpredictable. They are
looking for partners to share the house work and family work together. Both men
and women believe that women should have jobs before considering marriage; for
better life and to be happy in marriage. They also do not think they were powerless
because they were not economically dependent.
Work-life balance issues and their influence on children
An increasing number of young children are being raised by a childcare provider or
another person other than a parent; older children are more likely today to come
home to an empty house and spend time with video games, television and the
internet with less guidance to offset or control the messages coming from these
sources.
No one knows how many kids are home after school without an adult, but they
know the number is in the millions. Also, according to a study by the National
Institute of Child Health and Human Development, the “more time that children
spent in child care, the more likely their sixth grade teachers were to report
behavior problems.”The findings are the results of the largest study of child care
and development conducted in various countries; the analysis tracked 1,364
children from birth.
Research methodology
Primary data: - Collection of information through standardized
questionnaires. A questionnaire was prepared for all the officers and non
officers. It includes both open ended and close ended and rating method.
There was formal discussion with the employees.
Secondary data:-secondary data consisted of materials provided by the
organisation, in house journals like silver jubilee, corporate profile,
Departmental manuals, intranet, organisational websites etc.
Bibliography
1. Dr Kothari C R (2008)ResearchMethodology: Methods and Techniques
Wishwa Prakashan Publishers, Delhi.
2. Ackerman, F., Goodwin, N. R., Dougherty, L., & Gallagher, K. (Eds.).
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3. Aronowitz, S., & DiFazio. W. (1994). The Jobless future: Sci-tech and the
dogma of work. Minneapolis & London: University of Minnesota Press.
4. Ashcraft, K. L., & Mumby, D. K. (2003). Reworking gender: A feminist
communicology of organization. London: Sage.
5. Barbash, J., Lampman, R. J., Levitan, S. A., & Tyler, S. (1983). The work
ethic; A critical analysis. Madison, WI: Industrial Relations Research
Associuation.
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13. www.google.com
14. www.wikipedia.org
15. www.iocl.com
