IMPACT OF WORK-LIFE BALANCE ON PRESERVE TALENT IN THE BANKING SECTOR: A STUDY OF HARYANA BANKS

Abstract

 This research examines the vital relationship between work-life balance (WLB), job satisfaction, and employee retention within Haryana’s banking sector. A descriptive research design was adopted to study 100 employees from both public and private banks using structured questionnaires and statistical analysis via ANOVA and SPSS. The findings reveal that while there is no significant difference in WLB between public and private sector banks, a healthy WLB is strongly correlated with job satisfaction and improved retention. Amidst rapid technological shifts, increasing dual-income households, and evolving industry challenges, maintaining a positive work-life balance is crucial not only for employee well-being but also for the long-term stability and talent retention of financial organizations. The study guides banking leaders towards effective WLB policies as a strategic imperative for attracting and preserving talent.