The concept of work-life balance (WLB) is gaining attention from management, employees, HR specialists, and wellness coordinators since it is linked to the health, well-being, and performance of employees. This research examines the effects of work-life balance policies on both employee well-being and company effectiveness using a literature review methodology. The study seeks to comprehend the connection between work-life balance initiatives, employee well-being, and organizational outcomes by examining current research findings. The literature review method is utilized to amalgamate insights from many studies, offering a thorough picture of the topic. The analysis emphasizes the significance of maintaining a healthy equilibrium between work and personal life in order to improve employee contentment, efficiency, and loyalty, ultimately leading to the success of the firm.