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A Comprehensive Study On Work Life Balance
A Comprehensive Study On Work Life Balance
A Comprehensive Study On Work Life Balance
WORK-LIFE BALANCE
This study covers the Industrial Analysis, Company Analysis, and research on one of the management topics.
Work-life balance is a difficulty that many businesses and people are more aware of in workplaces and at home.
Human resource managers look for ways to boost their organization’s bottom lines, boost employee happiness, keep on top
of workplace trends, and retain people who have significant company expertise in today's fast-paced culture.
This article offers human resource professionals a historical perspective, facts, and potential work-life balance solutions for
businesses and workers alike.
Three elements Challenges to work-life balance include global competition, personal lives, family values, and an ageing
workforce. Work-family was a word that was used more often in the past than it is now. The tug-of-war between obligations
to one's family and one's job is known as work-family conflict.
Work life balance is ability to manage resources to meet family and work demands so that individuals can show effective
participation in both domains of life.
Work life balance from the employee viewpoint: the dilemma of managing work obligations and personal/family
responsibilities.
Family-friendly benefits: benefits that offer employees the latitude to address their personal and family commitments, while
at the same time not compromising their work responsibilities.
Work-life balance is about effectively managing the juggling act between paid work and other activities that are important
to us - including spending time with family, taking part in sport and recreation, volunteering or undertaking further study.
PART A- INDUSTRY ANALYSIS
PESTEL ANALYSIS AND PORTER’S ANALYSIS
PART B – COMPANY ANALYSIS
PART C- MANAGEMENT CONCEPT
• The methodology portion of this study describes the methodology used to conduct the research. A approach for
methodically resolving the research challenge is called research methodology. It might be viewed as a branch of
science that studies how scientific research is conducted.
RECOMMENDATIONS: SUGGESTION:
Improving work-life balance at home:
Workplace improvements for work-life
balance:
1. Communicate boundaries so you can truly
unplug
1. Learn to say “no”
3. Use your lunch break 3. Make space in your schedule for family time
• The information supplied above makes it clear that most research is focused on a small number of ideas, including the Spillover theory, the Conflict
theory, the Enrichment Facilitation theory, and the Border-Border theory, whereas the other theories stated above are rarely used in studies.
• The reason for this is because the first ideas were originally conceived within the context of various social sciences including sociology, psychology,
systems theory, etc., whereas the latter theories were originally conceived within the context of work-life balance. Additionally, in contrast to prior
decades, the focus of the current research has switched from the work's unpleasant and contradictory features to its beneficial and facilitative
characteristics.
• Other approaches, such as Human Capital theory, Social Identity theory, and Role theory, can be inferred from the literature in addition to the
theories mentioned above. These theories have not been covered previously because the research on them is largely sociological in nature and out of
date.
• Although the hypotheses covered in the study have been presented as mutually exclusive, there are really regions where these theories overlap,
making it challenging to distinguish between them. However, the paper has attempted to highlight the variations in conception and approach
amongst the theories.