Impact of Work Life Balance on Employee Wellbeing in Banking Sector.(A Project Study).

Abstract

This research is about to check impact of work life balance on employee wellbeing in Habib Bank Limited.

The basic purpose of the research is to point out how employee well-being is affected in an organization. Employee well-being is most critical issue these days. There are many aspects that can measure employee well-being so we have taken this as dependent variable while it is measured by work- life balance as independent variable. Work life balance is defined as the balance maintained between work and leisure activities that includes travelling, community activities, and care for relatives. With the advancement in technology and increased competition, combining with increasing number of women in workforce has led to change in work life balance; this is impacting the work environment well-being is actually a subset of a large literature that also includes workplace environment and psychological health. Well-being is also defined as strain, in terms of psychological responses against stressors or object. The quantitative type of research method was used in this project. Employees of the Habib Bank Limited were primary source of data and the data was collected through questionnaire. The convenience sampling technique was used and 180 employees selected. The printed questionnaires were distributed and responses were collected from employees on printed questionnaire. The response was received from 149 employees. So the response rate was 82.95. Correlation of work life balance on employee wellbeing is found is 0.634 and it shows that both the variables are positively correlated. Regression analysis r-squared value is 0.4005 which means that there is a 40.05% change in employee wellbeing explained by work life balance.