QWL (Quality of worklife) is the need of hour and every individual has got right over it. Human resource or workforce is the most valuable asset for the modern organisations today and therefore all the strategies, plans, policies etc. revolve around them in the organisations. As a result QWL has been continuously drawing attention of both organisations and employees. The time when QWL has gained this much significance in every field . It becomes the prime responsibility of organisations to offer their employees a good quality of worklife to affirm that in return employees will report high levels of performance and Job inducement. The objective of present study is to explore various factors affect quality of worklife of banking sector employees The study has identified various dimensions life work environment, compensation, training and development etc. which influence and have great impact on quality of worklife of various employees.