Work-Life Balance and Employee Performance in Selected Insurance Companies in Lagos State

Francis C. Anyim (), Oluseyi A. Shadare and Lateef A. Adio

Academic Journal of Economic Studies, 2020, vol. 6, issue 2, 88-95

Abstract: The increasing day to day work pressures, longer working hours and meeting of targets that are demanded by the employers always leads to the employee family discords, lower performance, ill health and low morale. This study, however, examines work-life balance and performance of employees of selected Insurance companies in Lagos state. Specifically, to understand the influence of work-life balance, role conflict, flexible work arrangement and job autonomy on employee performance. A cross-sectional design, simple random sampling technique were employed. A questionnaire was employed as the research instrument for the study with 249 respondents deemed usable. Correlation and multiple regression analysis were employed to analyze the study hypotheses. The results showed that work-life balance (ß = .152; p .05) and job autonomy (ß = .067; p >.05) did not significantly influence the performance of employees. However, only work life balance and flexible work arrangement made a unique statistical contribution to the model. The study concludes that work-life balance, role conflict, flexible work arrangement and job autonomy jointly significantly influenced the performance of employees. It is recommended that there should be a well detailed policies that will guide both the management and employees of the organizations on work life balance; training and development should be conducted on annually, bi-annually or quarterly by the management on this subject matter; management should endeavor to introduce flexible work arrangement so as to improve the performance of employees.

Keywords: Work-life balance; performance; job autonomy; flexibility; role conflict (search for similar items in EconPapers)
JEL-codes: M12 M54 Z22 (search for similar items in EconPapers)
Date: 2020
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