THE IMPACT OF WORK-LIFE BALANCE ON JOB SATISFACTION OF THE EXECUTIVE LEVEL EMPLOYEES IN SELECTED PRIVATE SECTOR BANKS

Abstract

Work-life balance is a satisfactory level of engagement between multiple roles in a person's life. The purpose of the study is to determine the effects of work life balance on job satisfaction in private sector commercial banks in Sri Lanka. The study is important to policy makers because it provides useful information that leaders can use when making policy decisions regarding the implementation of work-life balance programs. This study provides private commercial banks with a new way of working flexibly which leads to job satisfaction and better work-life balance for employees. For scholars, the study will be a valuable source of material and information on job satisfaction. The study is guided by discrepancy theory and compensation theory. The study employed a descriptive cross sectional research design. A descriptive survey enables the researcher to describe the characteristics of the variables of interest. It is therefore justified that descriptive design is most suited and justifiably adopted in this study. This study focused on 100 private sector commercial banks executive level employees. The study recommends that organizational leaders to consider creating expanded formal and informal opportunities for employees to interact with their peers in collaborative ways.