EVALUATION OF QUALITY OF WORK LIFE OF BANK EMPLOYEES IN PRIVATE SECTOR AND PUBLIC SECTOR BANKS IN HYDERABAD CITY

Objective: To assess and compare the Quality of Work Life (QWL) of employees in private and public sector banks in Hyderabad City, with a focus on key factors such as work environment, job satisfaction, work-life balance, compensation, career growth opportunities, job security, and employee well-being. Theoretical Framework: Provides a structured approach to analyzing the Quality of Work Life (QWL) of bank employees in private and public sector banks in Hyderabad City. It is based on established models and theories related to work-life quality, job satisfaction, and organizational behavior. Work is an integral part of everyday life, we spent twelve hours daily life and it is the one third of our entire life, on an average. This study is made attempt to analyses the “Quality of work life among bank employees”. Method: The primary data was collected from 342 bank employees who were selected on random sampling method. The obtained data was analyzed through descriptive statistics and factorial analysis. Results and Discussion: The results revealed that employees in public sector banks enjoy a better work –life compared to employees in private sector banks in Hyderabad city. In order to improve quality of work life, various coping techniques have been suggested to upgrade the employee’s attitude towards their job and the working environment in the organization. The study also suggests that the quality of work life (QWL) programs as a contributing factor to quality of life (QOL) that can influence employee productivity. Results Implication: The findings from the study on Quality of Work Life (QWL) among bank employees in private and public sector banks in Hyderabad City have significant implications for various stakeholders, including employees, management, policymakers, and researchers.