The Role of Work Life Balance in the Banking Industry: Job Satisfaction, and Turnover Intentions

The banking industry is well known for its long and intense working hours, and with such a work schedule, it may seem difficult to achieve work life balance. This study features the banking industry in Sierra Leone, with the aim of investigating the perception of employees, in the Sierra Leone banking industry, about their work life balance, and its impacts on their level of job satisfaction and turnover intentions. Acquiring a sample of 12 out of the 14 commercial banks in the capital city which is Freetown, which included both Sierra Leone -owned banks and foreign banks and also based on relevant literature, we were able to empirically assess the relationship between work life balance, job satisfaction, and turnover intentions A total of 100 participants responded to the questionnaires, and a total of eight hypotheses were developed and tested using the statistical procedure of regression analysis to test whether there is a relationship between the independent and dependent variables. The result shows that familyto - work imbalance is negatively related to extrinsic job satisfaction. The findings also indicate that workto - family imbalance has a negative relationship with intrinsic job satisfaction. Moreover, familyto -work imbalance is negatively related to intrinsic job satisfaction, and worktofamily imbalance has a positive correlation with turnover intentions.