Exploring The Influence Of Work-Life Balance On Employee Retention In The Banking Sector

Abstract

This study investigates the relationship between work-life balance, job satisfaction, and employee retention among 100 bank employees from both public and private sectors in Haryana, India. Using a descriptive research design, with ANOVA for statistical analysis and SPSS for data processing, the study found no significant differences in work-life balance across industry types. However, results indicate a strong positive correlation between a healthy work-life balance, increased job satisfaction, and higher retention rates. Given the growing prevalence of dual-income households, workforce expansion, and technological advancements, maintaining work-life balance is increasingly vital for employee well-being and organizational stability.