Abstract:
This empirical quantitative study is about the Mediation Effect of Work-Life
Balance on the Relationship between Psychological Empowerment and Job
Satisfaction among Female Bank Employees of Sri Lanka. This is based on
International Labor Organization report on the restraints on female
workers’ contribution towards the national economy of Sri Lanka. Banking
sector was selected based on the considerable contribution made towards
the service sector labor demand of the country. The target group consisting
of 300 female middle managers from Western, Central and Southern
provinces in Sri Lanka and sample selection by cluster random sampling of
probability sampling method. The results analyzed by SPSS version 20
established that, the existence of Significant Positive Correlations among i)
Psychological Empowerment (PE) and Work – Life Balance (WLB), ii) Work –
Life Balance (WLB) and Job Satisfaction (JS), iii) Psychological
Empowerment (PE) and Job Satisfaction (JS) and iv) the mediation effect of
Work –Life Balance (WLB) with the relationship between Psychological
Empowerment (PE) and Job Satisfaction (JS). In consideration of the
findings of this paper, adding to the existing literature, the employers are
recommended to take timely initiatives on improving Job Satisfaction, Work-
Life Balance and Psychological empowerment employees for profit
maximization. And individual employees should be directed towards
integrating psychologically empowering measures to improve job
satisfaction, work-life balance, to understand maintain and to be within
one’s own ‘Work Life Cycle’.
