The purpose of the present study is to determine the impact of psychological empowerment, work-life balance and extrinsic rewards on employees? performance of banking industry in Faisalabad. The study will follow a positivistic paradigm. The unit of analysis will be scheduled commercial and Islamic banks operating in Faisalabad. The target population is limited to the managerial staff working in these organizations. The sample size of this study will be 380 to 390 participants that will be chosen by using convenient sampling. A survey method research method will be used, self-administered questionnaires will be used to gather data from participants. When data are collected, descriptive statistics analysis, correlation analysis, and multiple regression analysis will be used to test the hypothesis with the help of SPSS software. The results of the proposed study provide a better understanding about the performance of employees and help in increasing their efficiency. The results provides an insight about the banking sector relating to the opportunity to enhance the performance of their employees.