Relationship between Variables in Work Life Balance Study for IT Companies

Review Of Literature

As per Work life balance survey results released by Richard Welford, Hong Kong, 62.6% of people work late to get their job done, 82.5% of people suffered stress and 27% of people take sick leave in order to recover from working long hours. It was also reported that the work life balance issues reported by employees had a direct co-relation with the hours spent. The intensity of work has increased. Intensification affects all countries in the world, all industry sectors and all occupational categories. Changes in technology (IT and telephony) give employers more flexibility in terms of the way they ask people to work. 80% of managers said that virtual working (also called e-working) is a key business issue, according to a 2003 Roffey Park report. According to UBA study that appeared in rediff.com a study was conducted in 2012, to find out the number of working hours across the world. Asian cities still leads the field with an average of 2154 hours annually, closely followed by African continent with 2138 hours. Middle East works for 2023 hours and in South America people work for 1989 hours.

According to Society of Human Resource Management (SHRM), US, in a 2001 survey conducted by the Radcliff Public Policy Centre, 82% of men and 85% of women aged 20 to 39 placed family time at the top of their work/life priorities. SHRM also highlights that in a 2001 study by Rutgers University and the University of Connecticut, 90% of working adults said they are concerned they do not spend enough time with their families.