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60 Journal of General Management Research
HR Bundles for Effective Work Life Balance
An Empirical Study
Sandhya Aggarwal
Asian Business School, Noida (UP), India
Abstract
Work Life Balance (WLB) is one of the most
important issues at workplace in today’s
competitive business environment. A large
number of studies have been carried out on WLB
in the human resource and other academic fields.
Most of the studies find major factors related to
the work life balance. This paper, however tries
to find the HR bundles related to various factors
of WLB. The bundles basically club the major
items affecting WLB under limited number
of broad constructs. This study basically works
on the variables related to Job Motivation,
Organizational Culture, Flexi Workings, and
Work Culture etc. For the purpose of this study
data has been collected from 125 IT professionals
from Delhi-NCR. The sampling method is
judgmental sampling where only those employees
have been selected that are married and have at
least one child. Factor analysis and Descriptive
have been used for data analysis. The paper
significantly contributes in the literature by
ISSN 2348-2869 Print
© 2014 Symbiosis Centre for Management
Studies, NOIDA
Journal of General Management Research, Vol. 1,
Issue 1, January 2014, pp. 37–50.
JOURNAL OF GENERAL MANAGEMENT
RESEARCH
60
61HR Bundles for Effective Work Life Balance
establishing relationship between HR bundles
and Work Life Balance. Further, the study
also finds and elaborates the reasons why these
variables have come up the most important and
bundled together under one broad construct.
INTRODUCTION
Work life balance is defined as effectively
managing the juggling act between
paid work and the other activities that are
important to people. Work life balance of
employees is important for all the stakeholders
in an organization. In the CIPD report (2010)
it was highlighted that work–life balance and
the opportunities to work flexibly are the
major strengths in this organization. Creating
an Engaged Workforce Findings from the
Kingston Employee Engagement Consortium
Project Good organizations always take care
of their employees like assets and that is why
they take care of their work life balance too.
Maintaining a good work life balance is the
duty of both employer and employees. Yasbek
(2004) concluded that work-life balance can
enhance productivity in various ways.
Employees should not demand high, which is
not feasible for the organization as well as the
employers should not avoid anything which
is reasonable and may contribute in WLB in
a positive manner. This may be understood as
‘competitive tradeoff’, which is explained in
the figure 1
Figure 1: A comprehensive employer-employee trade off model of WLB
62 Journal of General Management Research
The two types of demands and four different
types of results have been presented. It
is explained in the figure that, when the
reasonable demands from the employees are
accepted by the employers or they become
the part of their policy then a Good Work
Life Balance can be maintained. ‘Good
work life balance’ includes better employee
productivity, better satisfaction and better
work culture. When the reasonable demands
are not accepted then the result in poor
work life Balance and increase the problems
related to productivity, satisfaction and
retention of the employees. On the other
hand if unreasonable demands are accepted
an unhealthy work environment and work
culture may be developed in the organization,
which may in long term lead to losses and
ultimately dissatisfaction for the other
productive employees. More importantly if
the unreasonable demands are not accepted
by the organization, there may be discussion
between the employer and employees for
consensus upon the matters.
Theevidencethatsupportstheorganizational
benefits of work-life policies is mixed,
primarily due to methodological issues
(e.g., a focus on individual organizational
case studies and non-random samples). The
few cost-benefit analyses that have been
conducted examining organizational work-
life balance policies are predominately
focused on the short-term consequences.
Figure 1 A comprehensive employer-employee trade off model of WLB
63HR Bundles for Effective Work Life Balance
While the real benefits of family17 friendly/
work-life balance policies are often long-
term and can be difficult to disentangle.
Research demonstrating that societal
issues, such as declining fertility rates can
be improved through effective work-life
balance policies is only now emerging
and is considered to be an important area
for future research. This review provides
evidence for why work-life balance should
certainly not simply be considered to be an
individual concern. Brough (nd)
Equal Employment Opportunity Trust
(2007) in its report ‘Work-life balance,
employee engagement and discretionary: A
review of effort the evidence.
Relationship between work-life balance,
workplace culture, discretionary effort and
productivity.
Singh (2013) proposed that in absence of
proper work-life policies, work-life interface
can be decreased by informal family friendly
initiatives and self management.
Challenges in WLB Efforts:
While work–life initiatives serve a purpose
in highlighting the need for organizational
adaptation to changing relationships between
work, family, and personal life, however
they usually are marginalized rather than
mainstreamed into organizational systems
(Kossek et al. 2010). Despite the fact that
work-life conflict has significant business
costs associated with lack of engagement,
absenteeism, turnover rates, low productivity
and creativity or poor retention levels, there
are some factors of organizational work-life
culture that may compromise availability and
use of these practices (Lazar, et al). Visser and
Williams (2006) carried out an independent
report commissioned by UNISON titled
Work-life balance: Rhetoric versus reality?
The authors recommended more focus on
achieving greater employee involvement in
decisions over staffing patterns, and more
honest discussions about rising expectations
and how to create responsive public services.
The authors have also found that there are
high levels of unmet demand for some work
life balance options that go beyond the
current ‘family friendly’ approach. At the top
of the organizational hierarchy, the majority
of individuals are males, and assumptions
can be made regarding their lack of personal
experience with the direct and indirect
effects of work-family conflict (Williams and
Boushey, 2010).
ACAS (2013) published a report on
Flexible working and work-life balance and
highlights the fact that customers expect to
have goods and services available outside
traditional working hours, organizations
want to match their business needs with the
way their employees work and individuals
want to achieve better.
Objectives of the Study
1.	To bundle the various organizational
efforts (HR practices/ policies) that
maintains effective work life balance.
64 Journal of General Management Research
2.	To trace out the challenges in
implementing the proposed HR practices/
policies in order to maintain effective
work life balance.
Methodology
This study basically works on the variables
related to Job Motivation, Organizational
Culture, Flexi Workings, and Work Culture
etc. For the purpose of this study data has
been collected from 125 IT professionals from
Delhi-NCR with the help of a structured
questionnaire. The questionnaire listed closed
ended question on a five point Likert scale.
The sampling method is judgmental sampling
where only those employees have been selected
that are married and have at least one child.
The collected data has been analyzed with the
help of Factor analysis and descriptive.
Data Analysis
Profile of the Respondents:
Table 1: Demographic Profile of the
Respondents
Gender No. of
Respondents
%age
Males 88 70.40%
Females 37 29.60
Total 125 100
Age
Below 30 70 56%
Above 30 55 44%
Total 125 100
No. of Children
One Child 65 52%
Gender No. of
Respondents
%age
More than 1 60 48%
Total 125 100
Demographics on the basis of
Judgmental Criteria
Occupation - IT professionals 125 100
Marital Status – Married 125
Work Experience
Less than 5 Years 29 23.2
5-10 Years 71 56.8
More Than 10 Years 25 20
Total 125 100
Organizational efforts (HR practices/
policies) that maintain effective work life
balance
Barlett’s test of sphericity
Bartlett test of sphericity determines the
appropriateness of factor analysis examines
the entire correlation matrix and MSA,
Measure of Sample Adequacy is to check the
appropriateness of factor analysis.
Table 2: Barlett’s test of sphericity and
Measure of Sampling Adequacy
Kaiser-Meyer-Olkin Measure of
Sampling Adequacy.
.654
Bartlett’s Test of
Sphericity
Approx. Chi-
Square
1517.716
df 136
Sig. .000
The significance (.000) is less than the assumed
value (0.05). So we reject H0. This means that
the factor analysis is valid. KMO (Maiser-
Meyer-Olkin Measure of Sampling)
coefficient (.654) value is more than 0.5. So
this implies that the factor analysis for data
reduction is effective.
65HR Bundles for Effective Work Life Balance
Deriving Factors and Assessing Overall Fit
Table 3 presents the information regarding
the 17 possible factors and their relative
explanatory powers as expressed by their
Eigen values. If we apply the latent root
criterion, 5 components will be retained.
Further the Scree Plot is also shown in Figure
3. Scree Plot shows the 17 factors extracted in
this study. In the first 5 factors the plot slopes
steeply downward but after that it becomes
an approximately horizontal line. The point
at which the curve first begins to straighten
out is considered to indicate the maximum
number of factors to extract. As seen in
the figure 3, we consider that 5 factors will
qualify. Therefore, these results illustrate the
need for multiple decision criteria in deciding
the number of components to be retained.
The 5 Factors retained represent 75.311% of
the variance of the 17 variables.
Component Number
1716151413121110987654321
Eigenvalue
6
5
4
3
2
1
0
Scree Plot
Figure 3: Scree Plot
Table 3: Total Variance Explained
Component Initial Eigenvalues Extraction Sums of Squared
Loadings
Rotation Sums of Squared
Loadings
Total % of
Variance
Cumulative
%
Total % of
Variance
Cumulative
%
Total % of
Variance
Cumulative
%
1 5.597 32.921 32.921 5.597 32.921 32.921 3.269 19.230 19.230
2 2.852 16.774 49.695 2.852 16.774 49.695 2.908 17.103 36.333
3 1.955 11.500 61.195 1.955 11.500 61.195 2.425 14.265 50.598
4 1.308 7.693 68.888 1.308 7.693 68.888 2.237 13.160 63.758
5 1.092 6.423 75.311 1.092 6.423 75.311 1.964 11.553 75.311
6 .911 5.357 80.667
7 .887 5.218 85.886
8 .620 3.645 89.530
9 .374 2.200 91.731
10 .349 2.053 93.783
11 .254 1.492 95.275
12 .200 1.175 96.450
13 .190 1.116 97.566
14 .168 .990 98.556
15 .096 .564 99.120
16 .087 .512 99.633
17 .062 .367 100.000
66 Journal of General Management Research
Table 4: Rotated Component Matrix(a)
Component
Flexi
Working
Support
From
Office
Support
from
Seniors
Effective
Leadership
Organisational
Rationality on
WLB
1 -.172 .351 -.032 .796 .148
2 .102 .152 -.252 .366 .775
3 .050 .176 .094 .070 .766
4 .062 .774 .286 .006 .346
5 .195 .575 .672 .116 -.094
6 .216 .881 .032 -.020 .147
7 .461 .482 .497 -.383 .200
8 .211 -.079 .093 .697 .199
9 .051 -.044 .868 -.129 .034
10 .446 .558 -.240 .165 -.098
11 .843 .244 .194 -.068 .158
12 .791 -.027 .200 .379 -.062
13 .237 -.101 -.098 .716 .028
14 .445 .155 .689 .208 -.260
15 .680 .197 .011 .251 .183
16 .590 .309 .370 -.077 -.398
17 .525 .495 .231 -.039 -.474
Extraction Method: Principal Component Analysis.
Rotation Method: Varimax with Kaiser Normalization.
a Rotation converged in 8 iterations.
After analyzing the solution Factor Loading
has been done on the basis of significant
values. For each factor the component in the
each column with more than 0.5 values has
been selected as the component to constitute
a factor. The following Table 5 presents the
factors and their loadings.
Table 4 shows that factor analysis has reduced
18 variables in 5 factors. The VARIMAX
rotated five factors have been shown in Table
5 viz. Flexi Working Hours, Work from
Home, Short, Leave Flexibility, Compressed
Working Week, and Emergency Leaves
constitutes Factor 1 which is named as “Flexi
Working”. This factor explains around
19.23% of the total variance (refer table 3).
Factor 2, is a combination of five important
variables of work life balance namely
Job Sharing, Providing Assistants, Duty
Adjustments by Office, Specific Period
Relaxation and Reduced Workload. This
factor explains 17.103% of the total variance.
It has been suitably titled as “Support from
Office”
Factor 3 has been named “Support from
seniors” which explains 14.265% of the total
variance and includes two important variables
namely, seniors’ participation and Empathy.
Factor 4 is combinations of three factors; they
are Mentorship, Role of Boss and Motivation.
It explains 13.160% of variance. This factor
has been named “Effective Leadership”.
Factor 5 explains 11.553% of the variance
and combines two variables namely
‘Productivity rather than No. of Hours’ and
Relevant Discussions on WLB. The factor has
been named “Organisational Rationality on
WLB”.
Table 5: Factors Loading: Bank Selection
Criteria- Executive Respondents
Sl. No. Factors and Variables Factor
Loadings
Factor 1 Flexi Working
Flexi Working Hours .791
Work from Home .843
Short Leave Flexibility .680
Compressed Working
Week
.590
Emergency Leaves .525
Factor 2 Support From Office
67HR Bundles for Effective Work Life Balance
Sl. No. Factors and Variables Factor
Loadings
Job Sharing .482
Providing Assistants .881
Duty Adjustments by
Office
.575
Specific Period Relaxation .774
Reduced Workload .558
Factor 3 Support from Seniors
Senior’s Participation .868
Empathy .689
Factor 4 Effective Leadership
Mentorship .796
Role of Boss .697
Motivation .716
Factor 5 Organizational Rationality
on WLB
Productivity rather than
No. of Hours
.775
Relevant Discussions on
WLB
.766
Challenges in Work life Balance
Table 6: Challenges in Work life Balance
Sl.
No.
Challenges Mean
(Out of 5)
1 Corporate Culture in India 4.33
2 Leadership/Boss Attitude 4.31
3 Job Profile itself 4.20
4 Office Politics 4.16
5 Top Management Attitude
6 Lack of support by Colleagues 3.84
7 Individual Organization’s Work
Environment
3.51
8 Industry Job Environment
(Manpower Supply and Demand)
3.42
9 Organizational Hierarchy 3.19
10 Organization’s Brand 2.98
12 Age of the Organization 2.83
Table 6 shows that the biggest challenges in
maintaining a strong work life balance are
corporate culture in India, Leadership/ Boss
Attitude, Job profile itself and office politics.
These four variables have got a mean value
more than five, hence may be considered as
the most important variables. On the other
hand, Organization’s brand and age of
organization are not the important variables
as challenges in the way of effective work life
balance as they have got the mean value below
2.83.
Findings and Conclusions
The present study finds the HR bundles
in the form of organizational efforts for
Work life balance. These bundles are
Flexi Working, Support from Office,
and Support from seniors, and Effective
Leadership Organizational Rationality on
WLB. Collectively these bundles make a
comprehensive organizational environment
which supports work life balance. The findings
in the form of HR Bundles may be presented
as the following diagram:
So far as the challenges are concerned,
the organizations must review, revise and
customize the corporate culture as per their
needs. Role of leaders should not be like the
role of a typical boss, rather it should be like
a coordinator. Some of the Job profiles are
very critical in an organization, and that is
why the flexibility is less. Top management
must motivate delegation and development of
people as alternatives so that flexibility may be
given to the key persons.
68 Journal of General Management Research
REFERENCES
	 [1]	ACAS (2013) Flexible working and work-life
balance, Report, March, 2013.
	 [2]	Brough, P., Holt, J., Bauld, R., Biggs, A., &
Ryan, C. (2008). The ability of work--life balance
policies to influence key social/organisational
issues. Asia Pacific Journal of Human Resources,
46(3), 261-274.
	 [3]	CIPD (2010) Creating an Engaged Workforce
Findings from the Kingston Employee
Engagement Consortium Project, CIPD,
Research Report, 2010.
	 [4]	Ernst Kossek, E., Lewis, S., & Hammer, L.
(2010). Work--life initiatives and organizational
change: Overcoming mixed messages to move
from the margin to the mainstream. Human
Relations, 63(1), 3-19.
	 [5]	Singh, J. (2013). Individual and Organizational
Strategies to Balance Work-life with Indian Way
Global Journal of Management and Business
Studies, 3(3), 203-210
	 [6]	 Visser, F. & Williams, L. (nd) Work-life balance:
Rhetoric versus reality? An independent report
commissioned by UNISON.
	 [7]	Williams, J. & Boushey, H. (2010). The three
faces of work-family conflict the poor, the
professionals, and the missing middle center.
Center for American Progress, Hastings College
of the Law.

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HR Bundles for Effective Work Life Balance: An Empirical Study

  • 1. 60 Journal of General Management Research HR Bundles for Effective Work Life Balance An Empirical Study Sandhya Aggarwal Asian Business School, Noida (UP), India Abstract Work Life Balance (WLB) is one of the most important issues at workplace in today’s competitive business environment. A large number of studies have been carried out on WLB in the human resource and other academic fields. Most of the studies find major factors related to the work life balance. This paper, however tries to find the HR bundles related to various factors of WLB. The bundles basically club the major items affecting WLB under limited number of broad constructs. This study basically works on the variables related to Job Motivation, Organizational Culture, Flexi Workings, and Work Culture etc. For the purpose of this study data has been collected from 125 IT professionals from Delhi-NCR. The sampling method is judgmental sampling where only those employees have been selected that are married and have at least one child. Factor analysis and Descriptive have been used for data analysis. The paper significantly contributes in the literature by ISSN 2348-2869 Print © 2014 Symbiosis Centre for Management Studies, NOIDA Journal of General Management Research, Vol. 1, Issue 1, January 2014, pp. 37–50. JOURNAL OF GENERAL MANAGEMENT RESEARCH 60
  • 2. 61HR Bundles for Effective Work Life Balance establishing relationship between HR bundles and Work Life Balance. Further, the study also finds and elaborates the reasons why these variables have come up the most important and bundled together under one broad construct. INTRODUCTION Work life balance is defined as effectively managing the juggling act between paid work and the other activities that are important to people. Work life balance of employees is important for all the stakeholders in an organization. In the CIPD report (2010) it was highlighted that work–life balance and the opportunities to work flexibly are the major strengths in this organization. Creating an Engaged Workforce Findings from the Kingston Employee Engagement Consortium Project Good organizations always take care of their employees like assets and that is why they take care of their work life balance too. Maintaining a good work life balance is the duty of both employer and employees. Yasbek (2004) concluded that work-life balance can enhance productivity in various ways. Employees should not demand high, which is not feasible for the organization as well as the employers should not avoid anything which is reasonable and may contribute in WLB in a positive manner. This may be understood as ‘competitive tradeoff’, which is explained in the figure 1 Figure 1: A comprehensive employer-employee trade off model of WLB
  • 3. 62 Journal of General Management Research The two types of demands and four different types of results have been presented. It is explained in the figure that, when the reasonable demands from the employees are accepted by the employers or they become the part of their policy then a Good Work Life Balance can be maintained. ‘Good work life balance’ includes better employee productivity, better satisfaction and better work culture. When the reasonable demands are not accepted then the result in poor work life Balance and increase the problems related to productivity, satisfaction and retention of the employees. On the other hand if unreasonable demands are accepted an unhealthy work environment and work culture may be developed in the organization, which may in long term lead to losses and ultimately dissatisfaction for the other productive employees. More importantly if the unreasonable demands are not accepted by the organization, there may be discussion between the employer and employees for consensus upon the matters. Theevidencethatsupportstheorganizational benefits of work-life policies is mixed, primarily due to methodological issues (e.g., a focus on individual organizational case studies and non-random samples). The few cost-benefit analyses that have been conducted examining organizational work- life balance policies are predominately focused on the short-term consequences. Figure 1 A comprehensive employer-employee trade off model of WLB
  • 4. 63HR Bundles for Effective Work Life Balance While the real benefits of family17 friendly/ work-life balance policies are often long- term and can be difficult to disentangle. Research demonstrating that societal issues, such as declining fertility rates can be improved through effective work-life balance policies is only now emerging and is considered to be an important area for future research. This review provides evidence for why work-life balance should certainly not simply be considered to be an individual concern. Brough (nd) Equal Employment Opportunity Trust (2007) in its report ‘Work-life balance, employee engagement and discretionary: A review of effort the evidence. Relationship between work-life balance, workplace culture, discretionary effort and productivity. Singh (2013) proposed that in absence of proper work-life policies, work-life interface can be decreased by informal family friendly initiatives and self management. Challenges in WLB Efforts: While work–life initiatives serve a purpose in highlighting the need for organizational adaptation to changing relationships between work, family, and personal life, however they usually are marginalized rather than mainstreamed into organizational systems (Kossek et al. 2010). Despite the fact that work-life conflict has significant business costs associated with lack of engagement, absenteeism, turnover rates, low productivity and creativity or poor retention levels, there are some factors of organizational work-life culture that may compromise availability and use of these practices (Lazar, et al). Visser and Williams (2006) carried out an independent report commissioned by UNISON titled Work-life balance: Rhetoric versus reality? The authors recommended more focus on achieving greater employee involvement in decisions over staffing patterns, and more honest discussions about rising expectations and how to create responsive public services. The authors have also found that there are high levels of unmet demand for some work life balance options that go beyond the current ‘family friendly’ approach. At the top of the organizational hierarchy, the majority of individuals are males, and assumptions can be made regarding their lack of personal experience with the direct and indirect effects of work-family conflict (Williams and Boushey, 2010). ACAS (2013) published a report on Flexible working and work-life balance and highlights the fact that customers expect to have goods and services available outside traditional working hours, organizations want to match their business needs with the way their employees work and individuals want to achieve better. Objectives of the Study 1. To bundle the various organizational efforts (HR practices/ policies) that maintains effective work life balance.
  • 5. 64 Journal of General Management Research 2. To trace out the challenges in implementing the proposed HR practices/ policies in order to maintain effective work life balance. Methodology This study basically works on the variables related to Job Motivation, Organizational Culture, Flexi Workings, and Work Culture etc. For the purpose of this study data has been collected from 125 IT professionals from Delhi-NCR with the help of a structured questionnaire. The questionnaire listed closed ended question on a five point Likert scale. The sampling method is judgmental sampling where only those employees have been selected that are married and have at least one child. The collected data has been analyzed with the help of Factor analysis and descriptive. Data Analysis Profile of the Respondents: Table 1: Demographic Profile of the Respondents Gender No. of Respondents %age Males 88 70.40% Females 37 29.60 Total 125 100 Age Below 30 70 56% Above 30 55 44% Total 125 100 No. of Children One Child 65 52% Gender No. of Respondents %age More than 1 60 48% Total 125 100 Demographics on the basis of Judgmental Criteria Occupation - IT professionals 125 100 Marital Status – Married 125 Work Experience Less than 5 Years 29 23.2 5-10 Years 71 56.8 More Than 10 Years 25 20 Total 125 100 Organizational efforts (HR practices/ policies) that maintain effective work life balance Barlett’s test of sphericity Bartlett test of sphericity determines the appropriateness of factor analysis examines the entire correlation matrix and MSA, Measure of Sample Adequacy is to check the appropriateness of factor analysis. Table 2: Barlett’s test of sphericity and Measure of Sampling Adequacy Kaiser-Meyer-Olkin Measure of Sampling Adequacy. .654 Bartlett’s Test of Sphericity Approx. Chi- Square 1517.716 df 136 Sig. .000 The significance (.000) is less than the assumed value (0.05). So we reject H0. This means that the factor analysis is valid. KMO (Maiser- Meyer-Olkin Measure of Sampling) coefficient (.654) value is more than 0.5. So this implies that the factor analysis for data reduction is effective.
  • 6. 65HR Bundles for Effective Work Life Balance Deriving Factors and Assessing Overall Fit Table 3 presents the information regarding the 17 possible factors and their relative explanatory powers as expressed by their Eigen values. If we apply the latent root criterion, 5 components will be retained. Further the Scree Plot is also shown in Figure 3. Scree Plot shows the 17 factors extracted in this study. In the first 5 factors the plot slopes steeply downward but after that it becomes an approximately horizontal line. The point at which the curve first begins to straighten out is considered to indicate the maximum number of factors to extract. As seen in the figure 3, we consider that 5 factors will qualify. Therefore, these results illustrate the need for multiple decision criteria in deciding the number of components to be retained. The 5 Factors retained represent 75.311% of the variance of the 17 variables. Component Number 1716151413121110987654321 Eigenvalue 6 5 4 3 2 1 0 Scree Plot Figure 3: Scree Plot Table 3: Total Variance Explained Component Initial Eigenvalues Extraction Sums of Squared Loadings Rotation Sums of Squared Loadings Total % of Variance Cumulative % Total % of Variance Cumulative % Total % of Variance Cumulative % 1 5.597 32.921 32.921 5.597 32.921 32.921 3.269 19.230 19.230 2 2.852 16.774 49.695 2.852 16.774 49.695 2.908 17.103 36.333 3 1.955 11.500 61.195 1.955 11.500 61.195 2.425 14.265 50.598 4 1.308 7.693 68.888 1.308 7.693 68.888 2.237 13.160 63.758 5 1.092 6.423 75.311 1.092 6.423 75.311 1.964 11.553 75.311 6 .911 5.357 80.667 7 .887 5.218 85.886 8 .620 3.645 89.530 9 .374 2.200 91.731 10 .349 2.053 93.783 11 .254 1.492 95.275 12 .200 1.175 96.450 13 .190 1.116 97.566 14 .168 .990 98.556 15 .096 .564 99.120 16 .087 .512 99.633 17 .062 .367 100.000
  • 7. 66 Journal of General Management Research Table 4: Rotated Component Matrix(a) Component Flexi Working Support From Office Support from Seniors Effective Leadership Organisational Rationality on WLB 1 -.172 .351 -.032 .796 .148 2 .102 .152 -.252 .366 .775 3 .050 .176 .094 .070 .766 4 .062 .774 .286 .006 .346 5 .195 .575 .672 .116 -.094 6 .216 .881 .032 -.020 .147 7 .461 .482 .497 -.383 .200 8 .211 -.079 .093 .697 .199 9 .051 -.044 .868 -.129 .034 10 .446 .558 -.240 .165 -.098 11 .843 .244 .194 -.068 .158 12 .791 -.027 .200 .379 -.062 13 .237 -.101 -.098 .716 .028 14 .445 .155 .689 .208 -.260 15 .680 .197 .011 .251 .183 16 .590 .309 .370 -.077 -.398 17 .525 .495 .231 -.039 -.474 Extraction Method: Principal Component Analysis. Rotation Method: Varimax with Kaiser Normalization. a Rotation converged in 8 iterations. After analyzing the solution Factor Loading has been done on the basis of significant values. For each factor the component in the each column with more than 0.5 values has been selected as the component to constitute a factor. The following Table 5 presents the factors and their loadings. Table 4 shows that factor analysis has reduced 18 variables in 5 factors. The VARIMAX rotated five factors have been shown in Table 5 viz. Flexi Working Hours, Work from Home, Short, Leave Flexibility, Compressed Working Week, and Emergency Leaves constitutes Factor 1 which is named as “Flexi Working”. This factor explains around 19.23% of the total variance (refer table 3). Factor 2, is a combination of five important variables of work life balance namely Job Sharing, Providing Assistants, Duty Adjustments by Office, Specific Period Relaxation and Reduced Workload. This factor explains 17.103% of the total variance. It has been suitably titled as “Support from Office” Factor 3 has been named “Support from seniors” which explains 14.265% of the total variance and includes two important variables namely, seniors’ participation and Empathy. Factor 4 is combinations of three factors; they are Mentorship, Role of Boss and Motivation. It explains 13.160% of variance. This factor has been named “Effective Leadership”. Factor 5 explains 11.553% of the variance and combines two variables namely ‘Productivity rather than No. of Hours’ and Relevant Discussions on WLB. The factor has been named “Organisational Rationality on WLB”. Table 5: Factors Loading: Bank Selection Criteria- Executive Respondents Sl. No. Factors and Variables Factor Loadings Factor 1 Flexi Working Flexi Working Hours .791 Work from Home .843 Short Leave Flexibility .680 Compressed Working Week .590 Emergency Leaves .525 Factor 2 Support From Office
  • 8. 67HR Bundles for Effective Work Life Balance Sl. No. Factors and Variables Factor Loadings Job Sharing .482 Providing Assistants .881 Duty Adjustments by Office .575 Specific Period Relaxation .774 Reduced Workload .558 Factor 3 Support from Seniors Senior’s Participation .868 Empathy .689 Factor 4 Effective Leadership Mentorship .796 Role of Boss .697 Motivation .716 Factor 5 Organizational Rationality on WLB Productivity rather than No. of Hours .775 Relevant Discussions on WLB .766 Challenges in Work life Balance Table 6: Challenges in Work life Balance Sl. No. Challenges Mean (Out of 5) 1 Corporate Culture in India 4.33 2 Leadership/Boss Attitude 4.31 3 Job Profile itself 4.20 4 Office Politics 4.16 5 Top Management Attitude 6 Lack of support by Colleagues 3.84 7 Individual Organization’s Work Environment 3.51 8 Industry Job Environment (Manpower Supply and Demand) 3.42 9 Organizational Hierarchy 3.19 10 Organization’s Brand 2.98 12 Age of the Organization 2.83 Table 6 shows that the biggest challenges in maintaining a strong work life balance are corporate culture in India, Leadership/ Boss Attitude, Job profile itself and office politics. These four variables have got a mean value more than five, hence may be considered as the most important variables. On the other hand, Organization’s brand and age of organization are not the important variables as challenges in the way of effective work life balance as they have got the mean value below 2.83. Findings and Conclusions The present study finds the HR bundles in the form of organizational efforts for Work life balance. These bundles are Flexi Working, Support from Office, and Support from seniors, and Effective Leadership Organizational Rationality on WLB. Collectively these bundles make a comprehensive organizational environment which supports work life balance. The findings in the form of HR Bundles may be presented as the following diagram: So far as the challenges are concerned, the organizations must review, revise and customize the corporate culture as per their needs. Role of leaders should not be like the role of a typical boss, rather it should be like a coordinator. Some of the Job profiles are very critical in an organization, and that is why the flexibility is less. Top management must motivate delegation and development of people as alternatives so that flexibility may be given to the key persons.
  • 9. 68 Journal of General Management Research REFERENCES [1] ACAS (2013) Flexible working and work-life balance, Report, March, 2013. [2] Brough, P., Holt, J., Bauld, R., Biggs, A., & Ryan, C. (2008). The ability of work--life balance policies to influence key social/organisational issues. Asia Pacific Journal of Human Resources, 46(3), 261-274. [3] CIPD (2010) Creating an Engaged Workforce Findings from the Kingston Employee Engagement Consortium Project, CIPD, Research Report, 2010. [4] Ernst Kossek, E., Lewis, S., & Hammer, L. (2010). Work--life initiatives and organizational change: Overcoming mixed messages to move from the margin to the mainstream. Human Relations, 63(1), 3-19. [5] Singh, J. (2013). Individual and Organizational Strategies to Balance Work-life with Indian Way Global Journal of Management and Business Studies, 3(3), 203-210 [6] Visser, F. & Williams, L. (nd) Work-life balance: Rhetoric versus reality? An independent report commissioned by UNISON. [7] Williams, J. & Boushey, H. (2010). The three faces of work-family conflict the poor, the professionals, and the missing middle center. Center for American Progress, Hastings College of the Law.