The Effect of Work Life Balance on Employees’ Engagement a Case Study of Abay Bank S.C.
No Thumbnail Available
Date
2023-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
The purpose of the study is to assess the extent that the effect of the selected work life balance elements influence on employee engagement. The objective of the study is specified on assessing the influence of selected work life balance elements of flexible leave practices, friendly work environment, employee assistance programs and opportunity for career development having up on employee engagement and due to its descriptive nature; quantitative approach was applied. The population for this study was 429 permanent employees’ of Abay Bank Share Company in Head office & districts in Addis Ababa. The proposed study divide the total population in to two five strata’s of Executive Management Team, Senior Management, Middle level Management, Professional employees’ and Clerical &Non-Clerical workers. Thus the sample size and population is 207 and 429 employees of Abay Bank S.C. respectively. A structured questionnaire was utilized to gather primary data from a sample of employees. The questionnaire is divided into three parts; Part one: contains employee’s demographic information including bio data, Part two: had four sub parts that contains five point likert scale question statements for each independent variables and the last part i.e. part three includes five point likert scale statement questions for the dependent variable of employee engagement. Statistical Package for Social Science (SPSS) software version 20 was applied to analyze and present the data through the statistical tools used for this study, namely descriptive analysis, correlation and multiple regression analysis. The research findings showed that all the predicator variables exhibit positive relationship with the response variable of employee engagement, as shown from the Pearson correlation matrix result while only predicator variables of Flexibility of leave practices, friendliness of working environment and opportunity for career development found with statistically significant and traceable effect up on the response variable of the study and the other independent variable for the study; employee assistance programs effect level found to be statistically insignificant in the case of Abay bank S.C. The study findings recommended that the bank shall give more emphasis towards to variety types of leave that can create a sense of flexibility up on employees including inclusion of leave as part of intrinsic rewards such as PTO schemes for higher performer workers that will in turn enable the bank to create high performance working culture across the bank up to the expectation of the bank employees so as to make them more focused and engaged on their daily routine tasks the researcher tendency towards the leave practices reflect that the considerable number of employees are not feeling good by their work so that authorized and flexible leave condition become their first choice as a motivator for engagement thus the bank human capital department professionals shall initiate ways to create and enrich conducive and friendly working environment and cohesion among employees’ so as to feel their work place is their preferred place to stay, beyond just as a place that forbid them to earn their lively hood
Description
Keywords
employee engagement