IOSR-JBM   Volume-14 ~ Issue-2 ~ Nov-Dec-2013

Abstract: Work-life balance is the term used to describe practices in achieving a balance between the demands of employees family and work lives. The demands and pressures of work make difficult to stretch time for balancing work-life activities. Women taking up work life balance challenge have an impact on women's advancement. Organization also may create work place culture and climates that reflect concern for employees' lives outside of work. It is important for organizations to periodically review current work processes and practices to determine which ones lead to work in efficiencies and employee stress. In this background the present study was undertaken to determine the work-life balance and challenges faced by working women. The sample consists of 200 career women working in Kerala, India. The questionnaire was collected from respondent .After analyzing by using various tools like percentage analysis, chi-square and correlation, results show that there is a work-family conflict and lack of organizational satisfaction among working women.

Key words: Work life balance, career growth, organizational satisfaction

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Abstract: Retention is a biggest challenge as compare to hiring best talents and fairly described by the level of employee commitment and employee satisfaction. Both of these factors are very important for organizational success and share a favorable association however, it does not invariably signify that a satisfied employee is always being committed and thereby retain in the organization. The purpose of this research is aimed to provide a focus on the link between employee satisfaction on overall employee commitment in a Pharmaceutical Contact Research Organization based at Bangalore, India. In this study, employee commitment is viewed as the overall level of commitment including commitment to organization as well as to work and employee satisfaction is functioned by two broad constructs- organizational factors and personal characteristics, which further subdivided into nine predictors including organizational polices & support, supervisor support, job characteristics, reward & recognition, teamwork & cooperation, feedback, maximizing potential and retention intension The study adopts a multiple regression model and results suggest that out of these nine predictors, only organizational support and reward & recognition are significantly related to the organizational aspect of employee commitment (organization commitment), whereas the predictors like job characteristics and feedback have higher influence on work aspect of employee commitment (work commitment). Maximizing potential is only predictor which has significance on the overall level of employee commitment. On contrary, retention intension has an inverse relationship with the overall employee commitment indicating that the workforce is dominated by career oriented professionals having a tendency for opting better extrinsic opportunities thereby leading to organizational knowledge drain. The study tries to draw management attention on restructuring its existing strategies for maximizing the withholding capacity of talent pool which is absolutely vital for its competitive existence in global market.

Keywords: Employee satisfaction, employee commitment, organization commitment, work commitment, retention.

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Abstract: The Institute of Chartered Accountants of India (ICAI) has announced its decision to adopt IFRS in India with effect from 1 April, 2011. The standards will have a significant impact on capital markets but students and investors know remarkably little about these standards. Many European countries shifted to IFRS as early as 2005. They are ahead of India in including IFRS in the curriculum for students. An understanding of Indian Generally Accepted Accounting Principles (GAAP) and IFRS standards is an urgent need for today's students. The commerce and management post- graduates are the future accounting professionals working in various companies s; thus, they must be aware about the newer concepts in accounting. In this backdrop, the study seeks to explore the degree of awareness about the newer concept of accounting standards called as the International Financial Reporting Standards (IFRS) amongst students of Commerce and Management in Kashmir.

Keywords: Indian GAAP; ICAI, IFRS, awareness, convergence

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