Teachers' work life has undergone a lot of changes in recent years which have caused an increased level of occupational stress and work-life imbalance for the teaching faculties of educational institutions, especially universities. Today, teachers, apart from teaching, have to perform multiple roles. As a result, striking a proper balance between their professional and personal roles has become a necessity of time. The purpose of this study is to put forth the evolution, concept, and origin of work-life balance individually, and work-life balance in totality through an extensive review of the literature. The study attempts to identify the numerous organizational factors that affect the continuum of work life balance of university teachers. Further, the study delves into the consequence of family-friendly work-life balance policies and practices implemented by the employers on the perception and attitude of the employees. The secondary data used for the literature review in this theoretical study includes journals, books, theses, working papers, magazines, internet sites, newspapers.