Work- Life Balance as an Indicator of Job Satisfaction Among the Female Bankers in Bangladesh

Abstract

A noteworthy growth of participation of women has been observed in the job market of Bangladesh over the past few years. With the development of the country, its literacy rate and scope of employment, the number of female employees and their contribution is likely to increase further. Among the flourishing sectors of the country, banking is seen to be one of the prominent and fast growing employment sectors where a lot of women are establishing their careers. However, one impediment still remains which obstructs several female bankers to reach the summit of their careers which is the lack of a suitable work-life balance. Hence, this study aims to investigate the importance of work-life balance and the factors that influence their job satisfaction level. Factor Analysis was carried out using SPSS, on the data collected from 128 respondents, which eventually resulted in the extraction of 8 factors, including, Nature of Work, Workplace Support, Work-Life Balance Programs, Healthy & Stress-free Mind, Salary, Other Monetary Benefits and Job Satisfaction. The study further tested the correlation between the variables identified, followed by a regression analysis to identify the relationship between Work-life Balance and Job Satisfaction for the female bankers in Bangladesh. It is important to note from the findings that Work-life Balance has definitely a substantial impact on Job Satisfaction. However, one predictor variable namely ‘Available Personal Time’ is found not to have a significant relationship with Job Satisfaction.

Keywords: Work-Life Balance, Job Satisfaction, Female Employees and Banking.

DOI: 10.7176/EJBM/11-6-03