Importance Of Work Life Balance Policies And Practices

Great Essays
Work Life Balance - Policies & Practices
A. BENAZIR M.Com., M.Phil.,
Assistant Professor
Department of Commerce
Annai Veilankanni’s College for Women

ABSTRACT Work–life balance is a concept which includes proper prioritizing between "work" and "lifestyle”. Work-Life Balance does not mean an equal balance between work and family life but it means the capacity to schedule the hours of professional and personal life so as to lead a healthy and peaceful life. Work life balance is not a new concept and it also put more weightage on the values, attitudes and beliefs of women regarding their age to work in organizing and balancing their work and personal life. WLBPs have been found to increase employee control over time and place of work and
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Hence these practices include flexible work hours, working from home , sharing a full-time job between two employees (job sharing), family leave programs (e.g., parental leave, adoption leave, compassionate leave), onsite childcare, and financial and/or informational assistance with child care and elder care services.
Work-life balance policies can assist employees achieving a balance between their work and personal commitments that is right for them. The policies need to be supported by the workplace culture, which reflects the beliefs, values and norms of the whole of the organization from the CEO to staff members.
WORK-LIFE BALANCE POLICIES & PRACTICES IN
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Apart from providing five-day working and flexible working hours, it also provides certain benefits for employees and their families. Such benefits include Hospitalization Insurance Policy, Under Business Traveller Medical Plan, Group Term Life and Annual Leave.
TATA group of companies has extended the domain of welfare practices to outside the workplace by involving their employees in social responsibilities like community development programs. Tata Consultancy Services (TCS) is an emerging new economy organization under Tata group which has a pool of educated executive class employees. TCS provides the options to its employees to work flexitime with certain mandatory hours of work and five-day working provisions.
Zensar Technologies provides child care arrangements such as crèche facility to its employees. It arranges “Pizza and Coke” an informal meeting where associates (they refer employees as “associates”) can meet their seniors and discuss anything and

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