This document summarizes a study conducted on work-life balance of Generation Y (born 1977-1987) employees in middle management at ThyssenKrupp, Pune. It includes an abstract, introduction, literature review, objectives, methodology and data analysis sections. A questionnaire was administered to 105 Generation Y employees to understand factors affecting their work-life balance. Key findings were that most worked overtime due to high workload, felt stressed or depressed, but were aware of and satisfied with the company's work-life balance policies like flexible hours and activities. The majority felt better work-life balance increased work effectiveness.
This presentation suggests how to balance your work and life. What are the impacts of imbalance and how to ensure perfect balance between your office-work and family life.
This presentation suggests how to balance your work and life. What are the impacts of imbalance and how to ensure perfect balance between your office-work and family life.
This presentation is on Work Life Balance. It includes the concept, components, benefits, steps to improve work life balance and role of HR in achieving work life balance.
Work-life Balance is a simple concept with multiple applications. Find out how this concept can be utilised to bring out efficiency and effectiveness out of employees' competencies.
Looked at the theoretical aspects of Work Life Balance and studied the concerned PSU's HR practices. A detailed survey of 100-150 employees was undertaken to understand the organisation's WLB and suggestions were made on improving the balance
BBA final year project report.
The topic: A Study on work life balance of employees at Bharat heavy electricals limited, Chennai.
The project is about the impact on personal and work life and jow they balance both.
Influence of Work-life balance in employee’s performanceMasum Hussain
Despite the popularity of work-life conflict as a topic of academic and practitioner debate, and the mounting prevalence of work-life balance practices in organizations around the world, research on the organizational effects of such practices is not well integrated. Competing demands between work and home have assumed increased relevance for employees in recent years, due in large part to demographic and workplace changes such as rising numbers of women in the labour force, an ageing population, longer working hours, and more sophisticated communications technology enabling near constant contact with the workplace. In response to these changes and the conflict they generate among the multiple roles that individuals occupy, organizations are increasingly pressured to implement work practices intended to facilitate employees’ efforts to fulfil both their employment- related and their personal responsibilities. While there is no one accepted definition of what constitutes a work-life balance practice, the term usually refers to one of the following: organizational support for dependent care, flexible work options, and family or personal leave.
This presentation is on Work Life Balance. It includes the concept, components, benefits, steps to improve work life balance and role of HR in achieving work life balance.
Work-life Balance is a simple concept with multiple applications. Find out how this concept can be utilised to bring out efficiency and effectiveness out of employees' competencies.
Looked at the theoretical aspects of Work Life Balance and studied the concerned PSU's HR practices. A detailed survey of 100-150 employees was undertaken to understand the organisation's WLB and suggestions were made on improving the balance
BBA final year project report.
The topic: A Study on work life balance of employees at Bharat heavy electricals limited, Chennai.
The project is about the impact on personal and work life and jow they balance both.
Influence of Work-life balance in employee’s performanceMasum Hussain
Despite the popularity of work-life conflict as a topic of academic and practitioner debate, and the mounting prevalence of work-life balance practices in organizations around the world, research on the organizational effects of such practices is not well integrated. Competing demands between work and home have assumed increased relevance for employees in recent years, due in large part to demographic and workplace changes such as rising numbers of women in the labour force, an ageing population, longer working hours, and more sophisticated communications technology enabling near constant contact with the workplace. In response to these changes and the conflict they generate among the multiple roles that individuals occupy, organizations are increasingly pressured to implement work practices intended to facilitate employees’ efforts to fulfil both their employment- related and their personal responsibilities. While there is no one accepted definition of what constitutes a work-life balance practice, the term usually refers to one of the following: organizational support for dependent care, flexible work options, and family or personal leave.
The Field of Human Resource Management is developing very fast and every department of Human activity is realizing it’s important in the smooth functioning of the organization. Innovative techniques are developed to improve the culture at workplace so that the employees are motivated to give in their best to the organization as also to attain job satisfaction. Hence, it important implements the latest human resource practices in the organization.
The Latest Techniques in the field of Human Resource Development are Employees for Lease, Moon Lighting by Employees, Dual Career Group, Work Life Balance (flexi time & flexi work), Training & Development, Management Participation in Employees’ organization, Employee’s Proxy, Human Resources Accounting, Organizational Politics, Exit Policy & Practice, etc.
This project is about WORK LIFE BALANCE. A latest technique in the field of a human resource. To see how the organization is adopting the new trends in the HR field.
This presentation is to tell you if YOU HAVE IDENTIFIED WHAT IS IMPORTANT? ARE YOU ARE MAKING IT HAPPEN? ARE YOU IN CONTROL and
ARE YOU ENJOYING EVERY STEP OF YOUR LIFE? If not, then how to do so by maintaining balance between work and life is what you get to master using this presentation.
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For our final project in Managerial Leadership, taught by Professor Harry Kraemer at the Kellogg School of Management, my team relied on primary (survey and interviews) and secondary (books, articles, prior research) sources to determine the benefits of work-life balance, how professionals view it, and what they are doing to implement it in their lives.
We surveyed 200+ Kellogg alums in various life stages and interviewed multiple professionals, from the CEO of Brunner Advertising to the author of Cinderella of Wall Street to gain additional perspective.
Please keep in mind that the survey we conducted was not rigorously designed nor were the respondents heavily screened. It was meant primarily to learn how current professionals are implementing life balance.
research project report on challenges faced by working women in private sect...RAJWANT KAUR
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This study examines the influence of perceived flexibility within the timing and site of labour on work-family balance. Results indicate that perceived job flexibility is claimed to reinforce work-family balance after controlling for paid work hours, unpaid domestic labour hours, gender, and occupational level. Also given an equivalent workload individual, with perceived job flexibility have more favorable work-life balance. Likewise, employees with perceived job flexibility are ready to work long hours before workload negatively impacts their work-family balance and also these makes the workers feel as stress. Implications of those findings are presented. Also, from the feedback, an employee has suggested to given a vacation leave so as that they are getting to spend enough time with the family. The longer-term benefits of this study observe business sense to support work-life balance.
To study the concept of job satisfaction.
To identify factor influencing employees job satisfaction
To examine the most influencing factors of employee satisfaction.
Employee satisfaction is essential to ensure higher revenues for the organization. No amount of trainings or motivation would help, unless and until individuals develop a feeling of attachment and loyalty towards their organization. Employees waste half of their time fighting with their counter parts or sorting out issues with them. Satisfied employees are the happy employees who willingly help their fellow workers and cooperate with the organization even during emergency situations. Such employees do not think of leaving their jobs during crisis but work hard together as a single unit to overcome challenges and come out of the situation as soon as possible. For them, their organization comes first, everything else later. They do not come to office just for money but because they really feel for the organization and believe in its goals and objectives. Satisfied employees also spread positive word of mouth and always stand by each other. Instead of wasting their time in gossiping and loitering around they believe in doing productive work eventually benefitting the organization. They take pride in representing their respective organizations and work hard to ensure higher revenues for the organization.
To measure the employees job satisfaction level in C-ZON Hospital, Ajnala.
To study the employees perception towards organization.
To identify the factors that motivates the employees.
To studying the relationship between management and employees in C-ZON Hospital, Ajnala.
The study examined work life balance and employee performance in Nestle Nigeria Plc using an inferential statistics on a sample 312 respondents. Data collected were analysed using regression technique of the Ordinary Least Square OLS . Results revealed that all the four coefficients of the model task characteristics, knowledge characteristics, social characteristics and work context significantly influence employee performance in Nestle Nigeria Plc. In descending order, the individual coefficients of the model as revealed in the table showed that task characteristics, knowledge characteristics, social characteristics and work context have variously influenced the employee performance with 51.5 , 35.8 , 32.3 and 27.6 respectively. Based on the findings of this study, it was recommended that there is need for organizations to design programmes that will enhance task characteristics because it have been discovered to significantly improve employee morale, reduce absenteeism, and retain organizational knowledge. Organizations should also come up with programmes that will improve employees Knowledge characteristics, Social characteristics, and work context which have been found not to be significant and therefore suggest that attention should be given to these areas to improve affective commitment in organisations. More job autonomy should be given to low hierarchy group to help improve their job commitment. This was found to be one of the reasons they lack commitment. Management of organizations should conduct training programmes in relation to work life balance through which organization can improve the work life balance of their staff in the area of time management and personal effectiveness, effective work load management, personal and professional development training courses and life management training courses. Dibua, Emmanuel Chijioke | Nosike, Chukwunonso Joseph | Oburoh, Pamela Oritse-tsegbemi "Work-Life Balance and Employee Performance" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46367.pdf Paper URL: https://www.ijtsrd.com/management/hrm-and-retail-business/46367/worklife-balance-and-employee-performance/dibua-emmanuel-chijioke
Research paper on Employee turnover in organizationsSummaya Sharif
Abstract
The research paper is intended to answer some of the most FAQs of the organizations about employee turnover and help them in lessening this threat which results in losing the loyal and hardworking workforce.
The FAQs include;
-What is employee turnover?
-What are the factors causing employee turnover?
-How to identify/elucidate these factors?
-How is employee turnover a function of these factors?
-What is the relationship between employee turnover and each of selected factors?
-To what extent each of these factors is related to employee turnover?
Which of these factors is the main cause of employee turnover?
In order to get the pragmatic answers to the questions above, and prove the inferences/Hypothesis on the relationship of these factors with employee turnover; the research has been carried to a pragmatic and scientific level. The results of the research carried out will help the organizations to answer the questions above with relevance, reliability, authenticity, relationship metrics, all checked. The scientific study carried out is elucidated below;
Purpose: This research article investigates the factors that influence the employee turnover in order to elucidate the role that they play to influence employee turnover and ergo, their relationship with employee turnover. Hence the purpose is both causal as well as descriptive.
Problem Statement: The research has been conducted to help organizations lessen employee turnover. The basic problem statement is to study the effect of chosen factors (Age, wage rate, unskilled labor, and work-life balance) on employee turnover and hence their relationship with it.
Ergo the basic Research Questions include:
-To what extent unskilled labor leads to employee turnover?
-Does work-life balance affect the employee turnover?
-What contributions wage rate has towards employee turnover?
How much influence age has on employee turnover?
Research method: Considering the Krejice and Morgan’s (1970) table to ensure a good decision, a sample of 100 employees, regardless of gender, area, and status, is taken so that the studied sample size is representative of the population. With groups as my unit of analysis mono-method and deductive approach is used in this research and the data collection technique is disproportionate stratified random sampling.
Findings: The findings apparently showed that the main factor that is influencing employee turnover is “job that hurdles the fulfillment of fulfillment of family duties; with a coefficient of 0.800.”Ergo if this factor is kept under control then a significant change can be seen in employee turnover.
Recommendations are also elucidated in the paper.
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Rm ppt on A STUDY OF WORK LIFE BALANCE OF GENERATION Y AT THYSSENKRUPP, PUNE.
1. Studied, Compiled and submitted by:
MBA-1st Year
Division C
Roll No 57 Priyanka Kushwaha
Roll No 58 Sneha Ganesh
Roll No 60 Madhuri Tagalpallewar
Roll No 61 Shikha Vora
Roll No 62 Amit Zaware
2. • For many high potential Gen Y (People born between
1977- 87) employees, success isn’t necessarily defined as
working as far up the ladder as one can go.
•They more often want to be measured by project
completion, rather than in person in the office. So, they are
burdened with work load and pressure. Hence achieving
work life balance is important among generation Y.
ABSTRACT
3. • In this study the researcher aims to study work life balance
of Generation Y employees belonging to middle level
management at ThyssenKrupp, Pune
•This research is based on both primary and secondary data.
•This study helps the researcher in finding out what factors
affect the work life balance of the Gen-Y employees of middle
level management and whether the policies implemented by
the organization is sufficient to maintain a proper work life
balance.
ABSTRACT
4. • Work-life balance for any one person is having the ‘right’
combination of participation in paid work and other aspects of
their lives.
• Generation Y that is, people born in between 1977 to 1987
also known as the “millennium” are demographic
followers subsequent to Generation X.
• With the help of technology, Gen Y often set task-based
goals and want to finish their assignments efficiently.
• The study of the work life balance is targeted at
ThyssenKrupp India Pvt. Ltd, Pune. ThyssenKrupp is a German
multi-national company which has carved its niche in the
elevators and steel industry.
INTRODUCTION
5. • As per Department of Education and Children’s Services
2010 of South Australia, Work life balance is defined as “The
interaction between paid work and other activities, including
unpaid work in families and the community, leisure, and
personal development. Work life balance is supported by the
development, implementation, and facilitation of programs,
practices and initiatives that enable employees to balance
their work and personal lives.”
LITERATURE REVIEW
6. • Generation Y are searching for new ways to define care
that do not force them to choose between spending time
with their children and earning an income and are looking
for definition of personal identity that do not pit their own
development against creating committed ties to others.
(According to Kathleen Gerson, Sociologist: Gerson,
Kathleen. Moral Dilemmas, Moral Strategies, and the
Transformation of Gender. The Kaleidoscope of Gender,
2011, p. 402.)
LITERATURE REVIEW
7. This study necessitates the existence of proper work life
balance at ThyssenKrupp as it may aid in the following factors:
1) Retention and attraction
2) Motivating and improving performance of employees
3) Reducing stress arising at workplace.
4) Meeting professional and personal goals.
NEED FOR STUDY
8. STATEMENT OF RESEARCH PROBLEM
“This research aims to study the factors affecting work life
balance of Generation Y employees employed at
ThyssenKrupp, Pune.”
9. • To study the relation between age, perception and
attitudes of generation Y and work-life balance employed
in middle management.
•To study the awareness among Gen-Y employees in
ThyssenKrupp about the work life balance policies adopted
by the organisation.
•To study the different factors amounting to pressure,
which a Gen-Y employee experiences from various sources
at workplace.
OBJECTIVES
10. SCOPE
• The scope of the study is restricted to only a particular age
group born between (1977-1987) called the Generation Y.
• For this study, we have only chosen middle management
level.
• The study is limited to the information gathered from the
ThyssenKrupp organization only.
• The scope of study is limited to Pune region only.
• The study is solely based on the responses of Generation Y
employees of ThyssenKrupp.
11. •This study was limited by time constraints.
•Reluctance on part of employees in responding to the
questionnaire.
LIMITATIONS
12. Significance
• It helps in establishing proper balance between work and
life of employees and also in prioritizing the tasks.
• It is stress management tool and increase the productivity
of employees.
• It increases quality of work and gives work satisfaction.
• It helps in reducing health issues arising due to work
pressure
13. Research Methodology
• DEFINITION
“Research Methodology is a way to systematically solve
the research problem it may be understood as a science
of studying how research is done scientifically”
14. Data Collection Techniques
• PRIMARY DATA
Information collected by the researcher directly through
instruments such as surveys, interviews, focus groups or
observation.
• IMPORTANCE
It is most accurate and up-to date data collection technique.
• We prepared Online questionnaire on Google docs and sent
via internet to employees.
15. Data Collection Techniques
• SECONDARY DATA
Reuse and repurpose information as secondary data from
primary data which is researched earlier by someone.
• IMPORTANCE
Easier and less expensive to collect
• We referred Books, Relevant websites, Magazines as
secondary data.
16. Type Of Research
• DESCRIPTIVE RESEARCH /statistical research
It describes data and characteristics about
the population or phenomenon being studied.
• However it does not answer questions about e.g.:
how/when/why the characteristics occurred, which is
done under ANALYTIC RESEARCH.
•
Total No. of employees 634
Middle level management employees 146
Employees under Generation Y 105
17. Data Analysis
• Gender
Interpretation: -
The percentage of female is 38% and male are 62% of 105
responses. The ratio of female to male composition is 8:13.
38%
62%
female male
18. INCOME
4%
20%
40%
24%
12%
Income Bracket (Thousands/month)
10 to 20
21-30
31 - 40
41 -50
above 50
Interpretation:-
76% of the employees amongst Y generation fall under an income more than
30 thousand. This refers to an ambition for a high standard of living.
19. 1. How long have you been associated with this organization ?
21%
48%
25%
6%
Association with company in years
0-3 years
3-6 years
6-10 years
more than
10
Interpretation:-
Amongst 105 employees 69% of the people are newly associated with the
company. This shows that there is good number of young blood working at
ThyssenKrupp
20. 2. How many hours do you work in a day?
67%
26%
7%
Working hours/day
9-10hours
10-11hours
11 hours
and more
Interpretation:-
67% of employees work in normal working hours, whereas 33% of Generation Y
in ThyssenKrupp work overtime. These employees can be victims to high
working pressures as compared to those who work in the normal prescribed
0 9-10 hours
21. 3. Do you work in shifts? If yes, in which shift?
34%
41%
25%
Work in shifts
No
Yes 1st Shift
Yes 2nd Shift
Interpretation:-
66% of people in Generation Y work in shifts. The employees who do not work in
shifts works from 9am to 6pm. Employees working in first shift works from
6am to 3pm. Employees work from 3pm to 12am in 2nd shift. Work life balance
policies can be focused more on the employees working in 2nd shift as they work
late night thus experiencing more stress.
22. 4. Do you feel tired/depressed/stressed at work?
25%
75%
Feel tired/depressed/stressed at work
No
Yes
Interpretation:-
75% of Generation Y of ThyssenKrupp has stated stress/depression and
pressure arising out of work.
23. 5. If yes, this stress arises out of which
factor?
44%
6%
8%
42%
Reasons
Increased work
load and
responsibilities
Not meeting
targets
Pressure created
by peers and
superiors
Working overtime
Interpretation:-
86% of the people in Y generation have stated Working overtime and increased
work load and responsibilities as their reason for pressure/depression and
stress.
24. 6. Does your company provide you flexible work
hours?
80%
20%
Flexible working hours
yes
no
Interpretation:-
80%of people have also stated that ThyssenKrupp offer flexible working hours.
This is a benefit for employees, as they can choose their working hours.
25. 7. Do you have intervals/break at work?
30%
4%
12%
44%
9%
1%
Intervals
Breakfast, Lunch,
Refreshments
Breakfast, Lunch
lunch
Lunch,
Refreshments
Refreshments
Interpretation:-
Employees working in general and 1st shift enjoy more breaks as compared to
employees working in 2nd shift.
26. 8. Are you satisfied with the leave policy adopted by
the organization?
80%
20%
Are you satisfied with the leave policy adopted by
the company?
Yes
No
Interpretation:-
80% of employees are satisfied with the leave policy adopted by the company.
27. 9. Do you spend satisfactory time with your family?
72%
28%
Spend satisfactory time with your family
yes
no
Interpretation:-
72% said they experience satisfactory time with their family.
28. 10. Are you aware of the work life balance policies
that your company offers?
90%
10%
Aware of the work life balance policies that
company offers
yes
no
Interpretation:-
90% are aware of the work life balance policies offered by ThyssenKrupp.
29. 11. If Yes, What activities does your company employ
to get proper work life balance?
24%
3%
3%
3%
2%
44%
21%
Activities company employ to maintain
proper work life balance
entertainment
meditation,yoga
meditation,yoga
,entertainment
meditation,yoga
,sports
meditation,yoga
,sports,entertain
ment
Interpretation:-
ThyssenKrupp has implemented many policies for improving the work life
balance which can be seen from the above where 44% of Generation Y enjoys
sports, entertainment and outing as means of reducing stress/pressure/
depression.
30. 12. Do you think that if an employee has good work
life balance, his working effectiveness will be more?
96%
2%2%
If an employee has good work life balance, his
working effectiveness will be more
yes
no
no response
Interpretation:-
96% prefer good work life balance for increasing working effectiveness. This
may help in increasing organizational productivity.
31. 13. How do you rate your work life balance at
ThyssenKrupp?
16%
53%
21%
7%
3%
Work life balance rating
excellent
good
average
below average
poor
Interpretation:-
53% of generation Y have stated their work life balance is good. This states that
the area of work life balance at ThyssenKrupp can be improved towards
excellent and there is further scope of improvement in the areas below average.
32. FINDINGS & SUGGESTIONS
• Generation Y employees of ThyssenKrupp are aspiring,
enthusiastic and ambitious employees who prefer a high
standard of living
• Although the work life balance policies adopted by
organization for scope of improvement
• 80% of the employees belonging to Gen-Y who work in late
night 2nd shifts have reported work related stress which
should urge ThyssenKrupp management to help them
achieve work life balance
33. • Company offers flexible working hours to the Gen-Y
employees but they have stated high stress from work which
could be opposing as flexible working hours are meant for
reducing stress. Reasons for the same can be studied by the
organization.
• Women’s increased participation in organizations, stresses
on the need to bring policies that improve work life balance.
FINDINGS & SUGGESTIONS
34. CONCLUSIONS
• ThyssenKrupp has employed considerable work-life balance
policies for its employees and the awareness amongst the
employees in Gen-Y is also high regarding the same.
• Yet as per the responses received, high stress level can be
seen amongst Gen-Y employees, particularly in women and
employees working during the 2nd shift.
• Though the company offers flexible working hours the
Gen-Y employees have stated high stress from work which
is contradictory.
• The overall work life balance has been mentioned as good
with scope for improvement in certain areas like working
overtime and increased work load.
35. Bibliography
• “Family issues and work life balance”-
www.oecdbetterlifeindex.org
• “Embrace work life balance”- www.ispi.org/pdf
• “How our work life balance is changing”-
www.gaurdian.co.uk
• “Work life balance:”- www.fastcompany.com
• “Work life balance articles”- www.ceoonline.com
• Research Methodology Book – Kothari