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The success of any organization depends on how it attracts recruits, motivates, and retains its workforce. Thus, organizations are required to retain employees by addressing their work life issues. Quality of Work Life refers to the favorableness and unfavorablness of a job environment for the individual. Purpose: This research work aimed at exploring the key factors affecting Quality of Work Life of Managerial employees of Banks in Indore .Design and Methodology: The study is broadly based on primary data collected from a sample of 150 respondents by using convenient sampling from employees of Banks in Indore. Collected data was analyzed by using ANOVA and t-test with the help of SPSS. Results – The study reveals that a there is no significant impact of experience, age, gender, income and Managerial employees QWL Managerial employees of Private and Nationalized Banks enjoy same level of QWL. Implications- Quality of work life covers various aspects under the general umbrella of supportive organizational behavior. This research can be further used to evaluate the facilities provided by the management towards the employee and also helps in manipulating the basic expectation of the employees.
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