International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 2, 2023
Effect of work- life-balance on organizational performance in Banking Industry in Nigeria
Author(s): Adaora Chinelo Uzochukwu, Iyke-Ofoedu Maureen Ifeoma, Okechi Anthony Obiora
The study examined the effect of work- life-balance on organizational performance in Banking Industry in Nigeria. The specific objectives of the study are to: examine the effect of organizational leave policy on branch expansion in Banking Industry in Nigeria; evaluate the effect of alternative work arrangement on employee retention in Banking Industry in Nigeria; Study Area was Enugu State, Nigeria. The population of the study comprises the 12, 000 employee of 25 Banks that achieved the recapitalization requirement as at January 2021. Taro Yamane sampling technique was used to narrow the population of the study to a researchable size of 354. The research questions were answered with mean and standard deviation while research hypotheses were tested with single regression method. The findings of the study revealed that organizational leave policy has positive and significant effect on branch expansion in Banking Industry in Nigeria (t – Statistics (8.887) > P – value (0.000), alternative work arrangement has positive and significant effect employee retention in Banking Industry in Nigeria (t – statistics (7.446) > P – value (0.000). The study recommends that management of Nigeria Banking Industry should control overburden and extended working hours that cause imbalance between work and life by dividing work activities, provision of freelancing, compressed workweeks and bendy work time beneficial for employees to adjust their working time to manage more time for demanding situations of different life roles.
Keywords: Organizational Leave Policy, Alternative Work Arrangement, Work-Life-Balance Strategies
Download Full Article: Click Here