Impact of work-life balance in improving organizational performance- a literature review

Work-life balance is a vital aspect of the overall economic and cultural growth of an organization. However, there is a need to explore the factors that affect the ‘work’ and ‘life’ balance and then the resulting outcome in improving organizational performance. Employees are the basic building blocks of every organization. Family and work both are essential elements of life. In case of disruption or conflict between any of these elements, it will negatively affect the well-being of both employee and employer. The objective of this review is to contemplate whether work-life balance initiatives and practices can be considered as an approach for human resource management, which can translate into improved individual and organizational performance. Here is a comprehensive literature review of how work-life balance affects the growth of an organization.