Aussie-Sino Studies

2019, (2) P1-P9

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Work-life Balance and Retention of Bank Employees in the Greater Accra Region of Ghana

Dr. (Mrs) Rebecca Dei Mensah

摘要(Abstract):

The banking industry in Ghana is one industry that suffers the risk of labour turnover due to intensive competition which puts pressure on employees who have to meet the demands of the work and at the same time demands from the family. The focus of this empirical study was to examine the effects of work life balance on the retention of employees in the banking industry in Accra, Ghana. The study followed an explanatory cross-sectional survey design and was undertaken in the Accra Metropolitan Area. A sample size of 342 employees of banks was used for the study. A Binary Logistic regression analysis was conducted to find out how well the work-life balance could predict employee retention. The findings indicate that work-life balance significantly predicted employee retention. The banks should therefore provide some level of flexibility because work-life balance appears to be important to employees in the industry. It is recommended that the banking industry pays attention to its human resources so that they could achieve a competitive advantage through them. It is also recommended that the banks collaborate with universities and other academic institutions for research on problems confronting them so that the best solutions could be derived for effective management of human resource.

关键词(KeyWords): work-life balance, retention, bank, employees, family

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作者(Author): Dr. (Mrs) Rebecca Dei Mensah

Email: rdeimensah@ucc.edu.gh

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