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INTRODUCTION
In the words of Hillary Clinton, Life is a mixture of different roles and we all do the best we can to find whatever best balance is… but for me it is the balance between family, work and service.
Work Life Balance basically refers to the prioritization between personal and professional life. Every individual has life at work, home and a personal space where he has a breathing space for respite. The escalating responsibilities in personal life with everyday up gradation in Technology keeps work life integrated with personal life which results in increasing stress in both personal and professional life, especially in case of women employees.
In this case study, an attempt has been made to identify how Work Life Balance among women employees affects the growth and development of the organization in IT Industry. The data of Top five IT industry- TCS, INFOSYS, WIPRO, HCL TECHNOLOGIES and TECH MAHINDRA has been taken to analyze what the measures are taken by the companies for Work Life Balance among women employees and how it affects in the production and growth of the Company.
WORK LIFE BALANCE AND WOMEN EMPLOYEES IN IT INDUSTRY
The imbalance in the personal and professional life of the women is a major concern because of number of issues related to women employees wellbeing especially in IT Industry. Due to this womens venture and jobs has changed over the years. Today, a woman plays a dual role of homemaker and a salary earner; therefore Work Life Balance has become an integral topic of discussion because it consequently offers benefits to the organization as well. Thus, Work Life Balance is the major concern in IT Industry and management practitioners.
Through this study, an attempt has been made to identify the major Work Life Balance policies and programs and also discuss several benefits earned by the companies, which has been taken for understanding the issue. The data was collected through Annual Reports, Sustainability Reports, News Releases and Reviews of Women employees posted on online platforms of all the Five Companies- TCS, INFOSYS, WIPRO, HCL TECHNOLOGIES, TECH MAHINDRA.
The following Table gives the Introduction of the Companies: Headquarters, Year of Establishment, Revenue, Area of Interest and some other Relevant Information, required having the Overview of the Companies.
HOW WORK LIFE BALANCE HELPS IN THE GROWTH OF ABOVE MENTIONED FIVE COMPANIES (TCS, INFOSYS, WIPRO, HCL, TECH MAHINDRA)?
- After analyzing data of all five companies, it was found that TCS is the leading employer of women employees which offers good Work Life Balance policies to the women employees; followed by INFOSYS, WIPRO, HCL and TECH MAHINDRA.
- TCS was awarded for Empowered for Women category, praised for their GO4IT campaign, Dismantling gender stereotype and employing 10,000 women employees in 2016 which in turn increased the goodwill and production of the company.
- Sexual Harassment at workplace are part of headlines now days, when women employees file allegations against the company (as happened with WIPRO in 2014), it leads to greater loss to the company; therefore, in such cases companies should go for immediate grievance redressal to maintain the goodwill of the company in the market.
- From last 5-6 years, it is evident from the data that the IT Industry is showing more interest in employing women in their workforce and for that introducing innovative Work Life Balance policies and programs, especially for women, so that they can have well satisfied women workforce.
- A satisfied set of Work Life Balance policies not only increases the productive workforce but also reduces employee turnover and absenteeism.
VIEWS OF WOMEN EMPLOYEES WORKING WITH THESE COMPANIES
- TCS is the best and the most reliable workplace for women in IT -Current System Software engineer, Mumbai
- INFOSYS is quite good for women especially for young married women -Anonymous employee
- Good place for women employees with less work stress – Anonymous employee, HCL
- A family emergency forced me to choose between personal life and profession, instead of accepting my resignation they gave me a role where I did not have to choose between my constraints and growth Arathi Subramaniam, TCS
CONCLUSION
After studying all the factors of Work Life Balance in IT Industry through the case study of five companies- TCS, INFOSYS, WIPRO, HCL, TECH MAHINDRA ; it is crystal clear that India being a male-dominating society, women has both the responsibilities of homemaker and salary earner. Therefore, here comes the responsibility of the organizations to frame women-friendly policies and procedures that would at least decrease the workplace stress and help in overcome the imbalance between personal and professional life.
Today, there is a huge demand for professionals in IT Industry, as a result of which womens venture and job has also been changed through the years. Because Work Life Balance has become the key topic of discussion in estimating the growth of an organization, therefore all the companies needs to research about this discipline and plan the policies to generate satisfied employees (specially women employees) within the organization.
REFERENCES
- www.tcs.com/campus commune
- www.tcs.com/substantial reports from 2003-2015
- www.infosys.com/annual reports from 2003-2018
- www.infosys.com/newsroom/international womens day 2018
- www.wipro.com/sustainability report 2003-2018
- www.businessstandards.com
- www.glassdoor.com/reviews of employees
- www.hcltech.com/annual reports
- www.techmahindra.com/about us
- www.indiatoday.com
- www.theeconomicstimes.com
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