Factors affecting Work-Life Balance of Male Employees in the Banking Sector, Sri Lanka

Abstract

This study was designed to identify what factors influence male employees who pay less attention to gender diversity in maintaining their work-life balance. There was a large literary gap in the study of the worklife balance of male workers, which formed the background for the preparation of this study. When it comes to work-life balance is the state of equilibrium where a person equally prioritizes the demands of one’s career and the demands of one’s personal life. Accordingly, employees in the banking sector, which is one of the most complex and busy areas in the business sector, were selected for this study. The main objective of the study is to identify the main factors affecting the work-life balance of male bank employees and to study its impact. The study was conducted through quantitative research and accordingly, 212 samples were selected from 1700 bank employees of 6 major banks in the Colombo district, and data was collected through a Likert Scale questionnaire created through a Google web form. Accordingly, the study analyzes data on how working hours, working policies, and workload affect male employees' work-life balance and how their relationship to the banking sector is described Pearson's correlation analysis used descriptive statistics for the study variables. The method was also chosen because a grading scale was used in the questionnaire. Male bank employees' working life balance and working hours P value was -0.633. Thus, the study data analysis shows a clear negative correlation between these variables. Work policies and male bank employees show a higher correlation than other independent variables regarding work-life balance. Its P value is 0.736 and shows a strong positive correlation. Similarly, the P value between the other variable workload and the work-life balance of male bank employees was -0.658. Thus, the study data show a clear negative correlation between these variables. Accordingly, these three factors show a significant relationship with the work-life balance of male employees. Therefore, the banking sector should pay close attention to the fact that working policies and working hours have a large negative impact on the employees’ work-life balance. For that, proper flexible service facilities should be provided, and practical applications should be directed toward work policies