Review: WORK LIFE BALANCE IN PHARMACEUTICAL SECTOR

Work life balance (WLB) is the current distinct issue of pharmaceutical industry. The employees always want to succeed and progress at work place, at the same time spare some time for family and recreation. Balancing these two extremes is the cause of burn out of employees and hence the employers recognized this as a need of hour and want to introduce the work life balance strategies, plans and formulate polices to improve the employee morale, motivation and productivity. Work life balance does not mean working less to fulfill personal responsibilities at the cost of organizational productivity. In fact it is to work productively and improve the personal life simultaneously. The work life balance practices achieve retention of the employees and reduce the absenteeism. This paper enlightens the wide options for employers and employees to link work life balance practices for organizational and personal performance.