Better Work Life Balance Survey in Ncc Bank Limited Essay

This report provides an overview of different types of work- life balance initiatives that have been developed by in the financial institutions of Bangladesh. Governments are increasingly committed to reducing the social, health and business costs of work-life conflict. Several countries have adopted individual pieces of economy or policies that address some aspect of work-life balance. These initiatives are not unavoidably part of a comprehensive program or policy onslaught to achieve work-life balance, alone these measures could be come overn as superstar way to remedy an employees balance surrounded by work and other responsibilities.This report shows that there is not likely to be any one size fits every answer to work-life balance issues. A variety of approaches are available to substantiate work-life balance, ranging from promotional programs that emphasize the importance of balance and provide support to employers to overcome the business costs associated with wor k-life conflict, to legislation that supports parents with care giving responsibilities.It is clear that improve work-life balance is an important component of the policy agenda for many industrial countries, and the issue is likely to become even more(prenominal) important in the upcoming. The first Work-Life Balance Survey (WLB1) was conducted by the Department for Education and usance in 2000 to assess the extent to which employers operated work life balance practices to see whether employees felt that existing practices met their needs and to provide a baseline against which future surveys could be compared.Changes were made in the surveys methodology between the first baseline study conducted by IFF and the second survey of employees (WLB2) conducted in 2003 by MORI, and fieldwork for the 3 Second survey was conducted prior to the introduction of the decline to request flexible working. This report presents the results of the Third Work-Life Balance Employees Survey, condu cted by headphone in early 2006. Work-life balance is a phrase used to refer an individuals receiveings of satisfaction with the participation in job-related activities and his or her private life.This state is achieved when an individual feels the amount of era spent making property to provide for ones household and advancing career goals is adequately balanced with the amount of time spent in independent and personalized pursuits, such as friendships, family, spirituality, hobbies, and leisure activities. Failure to maintain work-life balance may result in significant emotional distress and reduction of productivity. In many cases, spending more time at work may actually lead to a decrease in productivity.Some individuals feel that their workplace creates too many pressures to maintain a work/life balance, and they may feel a reduction in their feelings of satisfaction and usage of life. Some individuals feel as if there is not enough time for other aspects of life 1. IN TRODUCTION 1. 1. Introduction to the topic Work-life balance is a broad belief including proper prioritizing between work (career and ambition) on one hand and life (pleasure, leisure, family and spiritual development) on the other. Related, though broader, terms let in lifestyle balance and life balance.In general, individuals who work more than 60 hours per week are colloquially called workaholics. The phrase workaholic became popular in 1971 when Wayne Oates published the book, Confessions of a Workaholic. The phrase workaholic is not a clinical term, but it is generally used to describe individuals who neglect their personal lives in party favor of work- and career-related pursuits. The phrase work-life balance became popular as a managerial apprehension when employers realized that their workers demonstrated increased productivity, decreased turnover, and dedication to the company when the concept was observed and respected.