Factors Affecting Work Life Balance: A Case of Wegagen Bank Sc. South AA District Branches
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Date
2023-12-18
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A.A.U
Abstract
Work-life balance (WLB) is a major aspect of the quality of work and life of individuals and
couples trying to manage multiple roles. The objective of this study was to examine the factors
affecting work-life balance among the employees of Wegagen bank sc South AA district
branches. For this purpose the study selected six important variables through literature review
suit to the study context. Accordingly, emotional intelligence, job engagement, work overload,
technology advancement, organization support, and family role overload were selected as the
factors of work life balance as independent variables and work life balance was selected as
dependent variable. To achieve this objective, descriptive and explanatory type of research
designs with quantitative approach was employed. The target population of this research was
employees of South AA district branches. The data was collected using structured questionnaire
to collect the primary data using simple random sampling technique that was 190 employees of
the total 361 employees by email using bank‟s Outlook web address form. And 154 (81.1%)
employees responding the questionnaires & returned back to the researcher. After the data
collection, the collected data was entered into SPSS software version 27 to analyze the
reliability, descriptive statistic, correlation, and regression analyses. The results of the analysis
found that a negative relationship between family role overload with work life balance, also
positive relationship found between emotional intelligence, work overload, technology
advancement, & organizational support and work life balance. Job engagement has not
meaningful relation with WLB. The regression model is a good fit of the data that independent
variables have a significant relationship with dependent variable. The regression analysis
disclosed that 50.5% variation of work life balance explained by the dependent variables
together. Recommendations are made based on the findings and conclusions of the study such as
provide good work life balance practices in organization, Day care for, facilities for old parents
care, workable employee welfare, physical fitness facilities and financial assistance services.