Impact of HRM on organizational performance and work life balance in small scale industry

Today's business environment is fiercely competitive, and running a company has grown more difficult than ever. As more businesses have realized that a "happy worker is a productive worker," they have begun to search for ways to improve the workplace. Many companies have adopted various work-life programmes to assist employees in improving their quality of life at work. The quality of one's professional life has a significant impact on one's overall quality. People's quality of life improves as a result, and vice versa. It has been regarded as both a means and an end in itself. The purpose of this exploratory study is to provide a brief overview of work-life balance, its importance to organizations, and the numerous developing practices/initiatives related to it. The new study draws on a wealth of knowledge about the idea and practice of work-life balance gleaned from a comprehensive literature review. The findings show that, in today's dynamic organizational circumstances, work-life balance is critical for both the organization and its workers. It assists the company in increasing production, efficiency, competitiveness, and morale, and so gaining a competitive advantage.