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International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 4 Issue 6, September-October 2020 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 883
Human Resource Information System is a Win –Win
Tool to Maintain Work Life Balance in Banks
Richu Garg, Dr. Neha Sharma
IIS University, Jaipur, Rajasthan, India
ABSTRACT
In this globalised and techno savvy world it is a great challenge to maintain
Work Life Balance of employees at all level. HRIS is one of the software which
helps employees to achieve work life balance i.e. cost effective recruitment,
track data, payroll services and compensation benefits etc. Both primary and
secondary data has been collected. The findings revealed thatthereispositive
outcome by using HRIS software in Banks. It is cost effective and efficient
software to make productivity.
KEYWORDS: HRIS, Work Life Balance, Bank
How to cite this paper: Richu Garg | Dr.
Neha Sharma "Human Resource
Information System is a Win –Win Tool to
Maintain Work Life Balance in Banks"
Published in
International Journal
of Trend in Scientific
Research and
Development(ijtsrd),
ISSN: 2456-6470,
Volume-4 | Issue-6,
October 2020,
pp.883-888, URL:
www.ijtsrd.com/papers/ijtsrd33517.pdf
Copyright © 2020 by author(s) and
International Journal ofTrendinScientific
Research and Development Journal. This
is an Open Access article distributed
under the terms of
the Creative
CommonsAttribution
License (CC BY 4.0)
(http://creativecommons.org/licenses/by/4.0)
INTRODUCTION
Work Life Balance is a bloodline for any organization.
Everyone is so busy in there in there working life they don’t
have a time for others even for themselves also. Although
every company is trying to provide flexibility in working
which is a greatest challenge and need for employee
retention and attrition. HRIS is one of the software which
helps employees to achieve work life balance.
According to Lockwood (2003) WLB means to provide
satisfaction, improve morale, retention in the organization
and reduce absenteeism in the organization. Conflict
between work and family reduce employee morale to work
with zeal, limit the opportunities, causal absenteeism,
employee turnover, retention and many more.
Time has changed where work and personal life both need
prioritize. Satisfaction level of employees plays a great role
to sustain in the organization.
Mean of Work Life Balance differsfrom personto personand
organization to organization. As different people have
different perception aboutwork lifebalancepoliciesfortheir
employees. According to Doherty and Manfreed (2006)
Work life Balance is based on the premise that everyone
should have complete life in which sufficient amount oftime
is given to the personal interest such as (continuing
education, social/ community work, sports, hobbies and
family interest.
Source- (The economic times)
Human Resource plays a vital role in the organization as all
the resources land, labour, capital and machines run by
them. HRM practices refer to the activities adopted by the
organization for managing organizationgoalsandobjectives
(Schuler & Jackson, 1987). WLB is a strategicHR issuewhich
needs to be deal very passionately.
Human Resource Information System is one of the software
which helps to maintain WLB in the organization.
Implementing of this software reduce time,paper,reduction
of error, labour management as software can track
employees , monitor their work , identify workforceneeds&
employee self management etc. HRIS is a like a cobweb that
includes a distinct types of HR software. It depends on bank
they choose HRIS software according to their needs.
According Hendrickson (2003) HRIS is an integratedsystem
used to gather, store & analyze information regarding an
organizational human resources. It provides both strategic
and administrative functions which helps to maintain Work
Life Balance.
IJTSRD33517
International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 884
Figure- 1(Source- Indiamart.com)
This diagram shows that administrative and strategic
function done by HRIS. It is cost effective and time saving
software with robust technology.
Human Resource Information System in Banks
HRIS transform the function from manual to automated
process. With digitalized era Banks has to be upgraded and
updated with the technologies to compete in this period.
This software provides such type of functions which is
fruitful for the banks to work in lesser time and satisfied
employees with Work Life Balance.
Figure-2 (Source- hrpayrollsoftware.Com)
Uses of HRIS in Banks
1. Payroll- This system automate employee attendance
records, pay cheques while calculating deduction and
taxes. This module calculates automatic deposits and
manual cheque writing capabilities. It complies all
statutory compliance and labour laws. It encompasses
all financial management system.
2. Time & Attendance- HRIS helps in automate collection
of employee attendance, entry and exit in office.
Advantage of this software is track the employees,
working projects and accuracy in data analysis.
Standardized time and work related effort.
3. Training & Development- It is an important step for
any organization to make their employees learn,
knowledge, train, educate, giving skill about the
organization for effective working. Globalization
transforms the process and policies of banking
operations. So HRIS is helpful in providing speedy
training and tracking the learning management system
which maintains employee performance management
system and appraisal.
4. Recruitment- This module includes both internal and
external recruit process from hire to staffing position.
Innovative recruitment, hiring skilled & technical
employee right person fit with the organization. Both
time & cost save recruiting with HRIS software. Smart
recruitment helps in focusing soft skill and culture fit
evaluation.
5. Employee Self Service- Bring your own service
promotes employee engagement & focused worker.
Transparent communication enhanced the working &
fast deployment of work. The module also lets
supervisors approve O.T. request from their
subordinates through the system without overloading
the task on HR department.
List of the HRIS Software used in Banks
Banks Name HRIS Software
1. HDFC Bank Flexcube by Oracle
2. ICICI Bank Finacle, People Soft
3. Axis Bank SAP, Finacle
4. Yes Bank Sun Tech
5. Union Bank People soft HRMS
6. IDBI Bank Adrenalin
(SOURCE- Given Banks above own sites)
Review of Literature
According to Nancy R Lockwood (2003),”Work Life Balance
Challenges and Solutions”, This article deduced that Work
Life Balance is a key for any company to increase employee
morale, reduce absenteeism, retention etc. Work life
programs offer a win win tool to maintain balance between
personal and professional life.
According to Pratibha Barik (2016),’’ Work Life Balance a
strategic Human Resource PoliciesandPracticesfollowedby
Indian Organization,” This article talks about Work Life
Programs i.e. flexitime, parental leaves, childcare assistance
and counselling etc which helps to achieve work life balance
policies & retention of employees in the organizations. The
revolutionary change make the organization compel to
maintain work life balance policies to retain and satisfaction
among employees.
According to Amber Tariq (2012),”Work Life Balance as a
Best Practice Model of Human Resource Management: A
Win- Win Situational Tool for the employees and the
Organization,” This article deduce that how human resource
manage work life balance & maintain motivation to work,
empowerment & more commitment to the organization. An
Exploratory study has been done. Flexibility of working
makes employees motivated to work with zeal.
According to M Nishad Nawaz (2014),” To assess the level of
employees satisfaction on HRIS usage,” This article reveal
that employees are satisfied with the usage of HRIS as
various aspect got fulfilled i.e. time & cost saving,
information flow, HR process i.e. decision making.
According to SubhashC kundu(2012),’’ Application of
HRIS in Human Resource Management in India: A Study,”
This paper reveal that mostly employee record and payroll
function is performed through HRIS. Indian companies and
MNCs both are using HRIS at the same extent. It is used in
least in performance appraisal and reward management
activities.
International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 885
According to Sabnam Mostari (2018),’’ Perceived benefitsof
Human Resource Information System (HRIS) stimulate the
efficiency of Human Resource Manager: a study on Banking
Sector of Bangladesh,” This article deduced that HRIS
generate opportunities for employees to retain and
satisfaction in the organization.ANOVA,PearsonCorrelation
and regression analysis has been done. There is need to
provide training and enhancementinusingHRISasusing the
HRIS software result get positive in achievingorganizational
goal and HR managerial efficiency.
According to Thomas Kalliath (2008),’’Work-LifeBalance:A
review of the meaning of the balance construct,’’ IN this
paper 6 conceptualised work life balance role has been
reviewed i.e. multiple roles, equity across multiple roles,
satisfaction between multiple roles, fulfilment of role
salience between multiple roles, a relationship between
conflict and facilitation and perceived control between
multiple roles. These all roles describe relationshipbetween
employer employees, mediators and result of work life
balance.
Research Methodology
Primary Data (Data from survey) & Secondary Data
(Data from Google Scholar, Academia edu, Research
Gate, EBSCO & Wikipedia.
3 Private Sector Banks were chosen for conducting the
research i.e. HDFC Bank, ICICI Bank, Axis Bank.
Survey is done on the basis of Simple Random Sampling
i.e. Probability Sampling.
Sample Size is 200
Respondents were HR managers, Assistant professor,
HR Executives and General Manager.
Survey was done through Telephonic conversation and
sent emails.
Result from the survey as follow-
1. HRIS software plays a major role in Bank
Frequency Percentage
Strongly Agree 50 25
Agree 80 40
Neutral 40 20
Disagree 20 10
Strongly Disagree 10 5
TOTAL 200
0
10
20
30
40
50
Strongly
Agree
Agree Neutral Disagree Strongly
Disagree
GRAPH-1 (Source- On survey Basis)
Interpretation- The above graph shows the view of respondents that software playsvital roleintheBanks.Itshows that25%
respondents were strongly agree, 40% respondents were agree, 20% respondents were neutral, 10% respondents were
disagree, 5% respondents were strongly disagree HRIS software plays a major role in the bank.
2. Automation of HR workflow, software enables the employees in Speedy work.
Frequency Percentage
Strongly Agree 70 35%
Agree 60 30%
Neutral 20 10%
Disagree 20 10%
Strongly Disagree 30 15%
TOTAL 200
0%
10%
20%
30%
40%
Strongly
Agree
Agree Neutral Disagree
GRAPH 2 (Source – On Survey Basis)
International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 886
Interpretation- The above table shows that 35% respondents were Strongly Agree, 30% respondents were Agree, 10%
respondents were Neutral, 10% respondents were Disagree, 15% respondents were Strongly Disagree that automating HR
workflow makes the work speedily and in less time.
3. Reason to use HRIS software
Components Percentage
1. Reduce paper work 100%
2. Data Accuracy 70%
3. Remove Reduancy 50%
4. Cost effective 80%
5. Time Saving 60%
GRAPH 3 (Source- On Survey Basis)
Interpretation- The above graph shows that excellence in using HRIS software in Banks. As good response is shown fromthe
chosen 3 Banks.
4. Functions followed by using HRIS software
Functions Percentages
1. Recruitment 100%
2. Payroll 100%
3. Performance Appraisal 60%
4. Training and Development 70%
5. Compensation Benefits 65%
6. Career Development 30%
GRAPH-4(Source- On Survey Basis)
Interpretation- The above graph shows that employees were satisfies with the using above function used by HRIS software
used at an immense scale in Banks.
International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 887
5. Using HRIS software’s helps to maintain Work Life Balance
Benefits Percentages
Employee Retention 70%
Reduce Absenteeism 40%
Employee Morale 50%
Flexibility in Working 100%
Time Management 60%
0%
20%
40%
60%
80%
100%
120%
Employee
Retention
Reduce
Absenteeism
Employee Morale Flexibility in
Working Management
GRAPH-5(Source- On Survey Basis)
Interpretation- The above graph shows that using of HRIS software has a great impact in Banks. Implement of this helps to
maintain Work Life Balance. 100% employees agree in flexibility in working which is a greatest challenge for the bank.
Objective of the Study
To find out how HRIS maintain Work Life Balance in Banks.
To analyze Boon of HRIS in Banks.
Functions of HRIS in Banking Sector
Helpful in easy maintenance records of employees i.e. personal information of employees, salary, leave application,
attendance, compensation benefits & scheduling etc.
Regular compliance with statutory laws and regulations.
Learning Management System provided through HRIS software as it gives coaches, training, knowledge and skills how to
start with the work. It also gives acknowledgement of orientation programs.
Flexibility in working as online working can be done like on boarding, recruitment, tracking of employee & store data.
Automation for better employee engagement, freely communication that helps to work, collaborates effectively and
efficiently.
Figure-3 (SOURCE- Google.com)
International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 888
FACTORS OF WORK LIFE BALANCE
Individual Factors Organizational Factors Societal Factors Other Factors
Personality
Well being
Emotional
Intelligence
Work arrangements
Work life balance
practices & policies
Organization support
Superior support
Colleague support
Job stress
Role ambiguity
Technology
Child care facilities
Spouse support
Family support
Social support
Dependent care issues
Age
Gender
Marital status
Parental status
Experience
Employee level
Income
Type of the family
Source- Poulose, S.,et al.(2014) Work Life Balance: A Conceptual Review.
Findings
HRIS plays a major role in the Banks. 75% respondents
agree it is beneficial to use.
100% employees believe HRIS software’s reduce paper
work, flexibility in working, payroll and recruitment.
Implementing of HRIS in Banks provide automation of
working and speedily working environment.
80% employees agree software provides flexibility in
working and 70% employees agree it is cost effective
manner.
Overall in the study it was found out that appliance of
HRIS software in Banks has a fruitful result which
increases productivity, effective and efficiency in goals.
CONCLUSION
Workforce is the bloodline of any organization so it is the
responsibility of the bank to Work Life Balance plans,
policies& procedures for their employees towards
commitment of the work, boost morale, flexibility in
working, satisfaction, reduction in paper work, time saving
and employee retention. From the above study it is proved
HRIS software helps to accomplish role of Work Life
Programs and has positive outcomes has been shown
implementing HRIS software’s in Banks. There is need to
provide training and giving more knowledge about uses of
HRIS.
Limitation
In this paper only 3 private banks has been taken, more
private banks can be taken for better result.
A comparative study can be conducted between Public
Banks and Private Banks.
Biasness of the result can be possible as Data Analysisin
only done through Bar Graphs and Frequency Table.
REFERENCES
[1] www.scribid.com
[2] Wikipedia.com
[3] Sabnam Mostari(2018). Perceived benefits of Human
Resource Information System (HRIS) stimulate the
efficiency of Human Resource Manager: a study on
Banking Sector of Bangladesh, IOSR Journal of Business
and Management, e-ISSN: 2278- 487X, p-ISSN:2319-
7668,Volume 20,Issue 12.VerVI,PP 01-09
[4] Amber Tariq, Muhmmad Asif Tanveer, Hassan Danial
Asiam (2012). Work Life Balance as a Best Practice
Model of Human Resource Management: A Win- Win
Situational Tool for the employees and the
Organization, Mediterranean Journal of Social Sciences,
ISSN 2039- 2117, Vol3.
[5] Subhash C Kundu(2012). ApplicationofHRISinHuman
Resource Management in India: A Study, European
Journal of Business and Management, ISSN 2222-
1905(Paper) ISSN 2222-2839(Online) Vol 4, No.21.
[6] Nancy R. Lockwood (2003). Work Life Balance
Challenges and Solutions, SHRM Research.
[7] Pratibha Barik and Dr. B. B. Pandey (2016), Work-life
Balance a Strategic Human Resource Policies and
Practices followed by Indian Organizations,
International Journal ofManagementand Social Science
(ISSN 2455-2267), VOL.05, Issue 03, Pg. no. 427-435
[8] Thomas Kalliath and Paula Brough(2008), Work-life
balance: A review of the meaning of the balance
construct, Journal of Management and Organization
14:323-327, Volume 14 Issue 3.
[9] Nishad Nawaz(2014) , To assess the level of employee
satisfaction on HRISusageinselectsoftwarecompanies
in Bangalore Karnataka, India, Elixir Human Res.
Mgmt.66, ISSN 20438- 20441

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Human Resource Information System is a Win –Win Tool to Maintain Work Life Balance in Banks

  • 1. International Journal of Trend in Scientific Research and Development (IJTSRD) Volume 4 Issue 6, September-October 2020 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470 @ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 883 Human Resource Information System is a Win –Win Tool to Maintain Work Life Balance in Banks Richu Garg, Dr. Neha Sharma IIS University, Jaipur, Rajasthan, India ABSTRACT In this globalised and techno savvy world it is a great challenge to maintain Work Life Balance of employees at all level. HRIS is one of the software which helps employees to achieve work life balance i.e. cost effective recruitment, track data, payroll services and compensation benefits etc. Both primary and secondary data has been collected. The findings revealed thatthereispositive outcome by using HRIS software in Banks. It is cost effective and efficient software to make productivity. KEYWORDS: HRIS, Work Life Balance, Bank How to cite this paper: Richu Garg | Dr. Neha Sharma "Human Resource Information System is a Win –Win Tool to Maintain Work Life Balance in Banks" Published in International Journal of Trend in Scientific Research and Development(ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6, October 2020, pp.883-888, URL: www.ijtsrd.com/papers/ijtsrd33517.pdf Copyright © 2020 by author(s) and International Journal ofTrendinScientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative CommonsAttribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0) INTRODUCTION Work Life Balance is a bloodline for any organization. Everyone is so busy in there in there working life they don’t have a time for others even for themselves also. Although every company is trying to provide flexibility in working which is a greatest challenge and need for employee retention and attrition. HRIS is one of the software which helps employees to achieve work life balance. According to Lockwood (2003) WLB means to provide satisfaction, improve morale, retention in the organization and reduce absenteeism in the organization. Conflict between work and family reduce employee morale to work with zeal, limit the opportunities, causal absenteeism, employee turnover, retention and many more. Time has changed where work and personal life both need prioritize. Satisfaction level of employees plays a great role to sustain in the organization. Mean of Work Life Balance differsfrom personto personand organization to organization. As different people have different perception aboutwork lifebalancepoliciesfortheir employees. According to Doherty and Manfreed (2006) Work life Balance is based on the premise that everyone should have complete life in which sufficient amount oftime is given to the personal interest such as (continuing education, social/ community work, sports, hobbies and family interest. Source- (The economic times) Human Resource plays a vital role in the organization as all the resources land, labour, capital and machines run by them. HRM practices refer to the activities adopted by the organization for managing organizationgoalsandobjectives (Schuler & Jackson, 1987). WLB is a strategicHR issuewhich needs to be deal very passionately. Human Resource Information System is one of the software which helps to maintain WLB in the organization. Implementing of this software reduce time,paper,reduction of error, labour management as software can track employees , monitor their work , identify workforceneeds& employee self management etc. HRIS is a like a cobweb that includes a distinct types of HR software. It depends on bank they choose HRIS software according to their needs. According Hendrickson (2003) HRIS is an integratedsystem used to gather, store & analyze information regarding an organizational human resources. It provides both strategic and administrative functions which helps to maintain Work Life Balance. IJTSRD33517
  • 2. International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 884 Figure- 1(Source- Indiamart.com) This diagram shows that administrative and strategic function done by HRIS. It is cost effective and time saving software with robust technology. Human Resource Information System in Banks HRIS transform the function from manual to automated process. With digitalized era Banks has to be upgraded and updated with the technologies to compete in this period. This software provides such type of functions which is fruitful for the banks to work in lesser time and satisfied employees with Work Life Balance. Figure-2 (Source- hrpayrollsoftware.Com) Uses of HRIS in Banks 1. Payroll- This system automate employee attendance records, pay cheques while calculating deduction and taxes. This module calculates automatic deposits and manual cheque writing capabilities. It complies all statutory compliance and labour laws. It encompasses all financial management system. 2. Time & Attendance- HRIS helps in automate collection of employee attendance, entry and exit in office. Advantage of this software is track the employees, working projects and accuracy in data analysis. Standardized time and work related effort. 3. Training & Development- It is an important step for any organization to make their employees learn, knowledge, train, educate, giving skill about the organization for effective working. Globalization transforms the process and policies of banking operations. So HRIS is helpful in providing speedy training and tracking the learning management system which maintains employee performance management system and appraisal. 4. Recruitment- This module includes both internal and external recruit process from hire to staffing position. Innovative recruitment, hiring skilled & technical employee right person fit with the organization. Both time & cost save recruiting with HRIS software. Smart recruitment helps in focusing soft skill and culture fit evaluation. 5. Employee Self Service- Bring your own service promotes employee engagement & focused worker. Transparent communication enhanced the working & fast deployment of work. The module also lets supervisors approve O.T. request from their subordinates through the system without overloading the task on HR department. List of the HRIS Software used in Banks Banks Name HRIS Software 1. HDFC Bank Flexcube by Oracle 2. ICICI Bank Finacle, People Soft 3. Axis Bank SAP, Finacle 4. Yes Bank Sun Tech 5. Union Bank People soft HRMS 6. IDBI Bank Adrenalin (SOURCE- Given Banks above own sites) Review of Literature According to Nancy R Lockwood (2003),”Work Life Balance Challenges and Solutions”, This article deduced that Work Life Balance is a key for any company to increase employee morale, reduce absenteeism, retention etc. Work life programs offer a win win tool to maintain balance between personal and professional life. According to Pratibha Barik (2016),’’ Work Life Balance a strategic Human Resource PoliciesandPracticesfollowedby Indian Organization,” This article talks about Work Life Programs i.e. flexitime, parental leaves, childcare assistance and counselling etc which helps to achieve work life balance policies & retention of employees in the organizations. The revolutionary change make the organization compel to maintain work life balance policies to retain and satisfaction among employees. According to Amber Tariq (2012),”Work Life Balance as a Best Practice Model of Human Resource Management: A Win- Win Situational Tool for the employees and the Organization,” This article deduce that how human resource manage work life balance & maintain motivation to work, empowerment & more commitment to the organization. An Exploratory study has been done. Flexibility of working makes employees motivated to work with zeal. According to M Nishad Nawaz (2014),” To assess the level of employees satisfaction on HRIS usage,” This article reveal that employees are satisfied with the usage of HRIS as various aspect got fulfilled i.e. time & cost saving, information flow, HR process i.e. decision making. According to SubhashC kundu(2012),’’ Application of HRIS in Human Resource Management in India: A Study,” This paper reveal that mostly employee record and payroll function is performed through HRIS. Indian companies and MNCs both are using HRIS at the same extent. It is used in least in performance appraisal and reward management activities.
  • 3. International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 885 According to Sabnam Mostari (2018),’’ Perceived benefitsof Human Resource Information System (HRIS) stimulate the efficiency of Human Resource Manager: a study on Banking Sector of Bangladesh,” This article deduced that HRIS generate opportunities for employees to retain and satisfaction in the organization.ANOVA,PearsonCorrelation and regression analysis has been done. There is need to provide training and enhancementinusingHRISasusing the HRIS software result get positive in achievingorganizational goal and HR managerial efficiency. According to Thomas Kalliath (2008),’’Work-LifeBalance:A review of the meaning of the balance construct,’’ IN this paper 6 conceptualised work life balance role has been reviewed i.e. multiple roles, equity across multiple roles, satisfaction between multiple roles, fulfilment of role salience between multiple roles, a relationship between conflict and facilitation and perceived control between multiple roles. These all roles describe relationshipbetween employer employees, mediators and result of work life balance. Research Methodology Primary Data (Data from survey) & Secondary Data (Data from Google Scholar, Academia edu, Research Gate, EBSCO & Wikipedia. 3 Private Sector Banks were chosen for conducting the research i.e. HDFC Bank, ICICI Bank, Axis Bank. Survey is done on the basis of Simple Random Sampling i.e. Probability Sampling. Sample Size is 200 Respondents were HR managers, Assistant professor, HR Executives and General Manager. Survey was done through Telephonic conversation and sent emails. Result from the survey as follow- 1. HRIS software plays a major role in Bank Frequency Percentage Strongly Agree 50 25 Agree 80 40 Neutral 40 20 Disagree 20 10 Strongly Disagree 10 5 TOTAL 200 0 10 20 30 40 50 Strongly Agree Agree Neutral Disagree Strongly Disagree GRAPH-1 (Source- On survey Basis) Interpretation- The above graph shows the view of respondents that software playsvital roleintheBanks.Itshows that25% respondents were strongly agree, 40% respondents were agree, 20% respondents were neutral, 10% respondents were disagree, 5% respondents were strongly disagree HRIS software plays a major role in the bank. 2. Automation of HR workflow, software enables the employees in Speedy work. Frequency Percentage Strongly Agree 70 35% Agree 60 30% Neutral 20 10% Disagree 20 10% Strongly Disagree 30 15% TOTAL 200 0% 10% 20% 30% 40% Strongly Agree Agree Neutral Disagree GRAPH 2 (Source – On Survey Basis)
  • 4. International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 886 Interpretation- The above table shows that 35% respondents were Strongly Agree, 30% respondents were Agree, 10% respondents were Neutral, 10% respondents were Disagree, 15% respondents were Strongly Disagree that automating HR workflow makes the work speedily and in less time. 3. Reason to use HRIS software Components Percentage 1. Reduce paper work 100% 2. Data Accuracy 70% 3. Remove Reduancy 50% 4. Cost effective 80% 5. Time Saving 60% GRAPH 3 (Source- On Survey Basis) Interpretation- The above graph shows that excellence in using HRIS software in Banks. As good response is shown fromthe chosen 3 Banks. 4. Functions followed by using HRIS software Functions Percentages 1. Recruitment 100% 2. Payroll 100% 3. Performance Appraisal 60% 4. Training and Development 70% 5. Compensation Benefits 65% 6. Career Development 30% GRAPH-4(Source- On Survey Basis) Interpretation- The above graph shows that employees were satisfies with the using above function used by HRIS software used at an immense scale in Banks.
  • 5. International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 887 5. Using HRIS software’s helps to maintain Work Life Balance Benefits Percentages Employee Retention 70% Reduce Absenteeism 40% Employee Morale 50% Flexibility in Working 100% Time Management 60% 0% 20% 40% 60% 80% 100% 120% Employee Retention Reduce Absenteeism Employee Morale Flexibility in Working Management GRAPH-5(Source- On Survey Basis) Interpretation- The above graph shows that using of HRIS software has a great impact in Banks. Implement of this helps to maintain Work Life Balance. 100% employees agree in flexibility in working which is a greatest challenge for the bank. Objective of the Study To find out how HRIS maintain Work Life Balance in Banks. To analyze Boon of HRIS in Banks. Functions of HRIS in Banking Sector Helpful in easy maintenance records of employees i.e. personal information of employees, salary, leave application, attendance, compensation benefits & scheduling etc. Regular compliance with statutory laws and regulations. Learning Management System provided through HRIS software as it gives coaches, training, knowledge and skills how to start with the work. It also gives acknowledgement of orientation programs. Flexibility in working as online working can be done like on boarding, recruitment, tracking of employee & store data. Automation for better employee engagement, freely communication that helps to work, collaborates effectively and efficiently. Figure-3 (SOURCE- Google.com)
  • 6. International Journal of Trend in Scientific Research and Development (IJTSRD) @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD33517 | Volume – 4 | Issue – 6 | September-October 2020 Page 888 FACTORS OF WORK LIFE BALANCE Individual Factors Organizational Factors Societal Factors Other Factors Personality Well being Emotional Intelligence Work arrangements Work life balance practices & policies Organization support Superior support Colleague support Job stress Role ambiguity Technology Child care facilities Spouse support Family support Social support Dependent care issues Age Gender Marital status Parental status Experience Employee level Income Type of the family Source- Poulose, S.,et al.(2014) Work Life Balance: A Conceptual Review. Findings HRIS plays a major role in the Banks. 75% respondents agree it is beneficial to use. 100% employees believe HRIS software’s reduce paper work, flexibility in working, payroll and recruitment. Implementing of HRIS in Banks provide automation of working and speedily working environment. 80% employees agree software provides flexibility in working and 70% employees agree it is cost effective manner. Overall in the study it was found out that appliance of HRIS software in Banks has a fruitful result which increases productivity, effective and efficiency in goals. CONCLUSION Workforce is the bloodline of any organization so it is the responsibility of the bank to Work Life Balance plans, policies& procedures for their employees towards commitment of the work, boost morale, flexibility in working, satisfaction, reduction in paper work, time saving and employee retention. From the above study it is proved HRIS software helps to accomplish role of Work Life Programs and has positive outcomes has been shown implementing HRIS software’s in Banks. There is need to provide training and giving more knowledge about uses of HRIS. Limitation In this paper only 3 private banks has been taken, more private banks can be taken for better result. A comparative study can be conducted between Public Banks and Private Banks. Biasness of the result can be possible as Data Analysisin only done through Bar Graphs and Frequency Table. REFERENCES [1] www.scribid.com [2] Wikipedia.com [3] Sabnam Mostari(2018). Perceived benefits of Human Resource Information System (HRIS) stimulate the efficiency of Human Resource Manager: a study on Banking Sector of Bangladesh, IOSR Journal of Business and Management, e-ISSN: 2278- 487X, p-ISSN:2319- 7668,Volume 20,Issue 12.VerVI,PP 01-09 [4] Amber Tariq, Muhmmad Asif Tanveer, Hassan Danial Asiam (2012). Work Life Balance as a Best Practice Model of Human Resource Management: A Win- Win Situational Tool for the employees and the Organization, Mediterranean Journal of Social Sciences, ISSN 2039- 2117, Vol3. [5] Subhash C Kundu(2012). ApplicationofHRISinHuman Resource Management in India: A Study, European Journal of Business and Management, ISSN 2222- 1905(Paper) ISSN 2222-2839(Online) Vol 4, No.21. [6] Nancy R. Lockwood (2003). Work Life Balance Challenges and Solutions, SHRM Research. [7] Pratibha Barik and Dr. B. B. Pandey (2016), Work-life Balance a Strategic Human Resource Policies and Practices followed by Indian Organizations, International Journal ofManagementand Social Science (ISSN 2455-2267), VOL.05, Issue 03, Pg. no. 427-435 [8] Thomas Kalliath and Paula Brough(2008), Work-life balance: A review of the meaning of the balance construct, Journal of Management and Organization 14:323-327, Volume 14 Issue 3. [9] Nishad Nawaz(2014) , To assess the level of employee satisfaction on HRISusageinselectsoftwarecompanies in Bangalore Karnataka, India, Elixir Human Res. Mgmt.66, ISSN 20438- 20441