Impact of Work-Life Balance on Employees’ Happiness at a Life Insurance Company

Abstract

          This independent study aims were 1) to compare between personal factors and happiness of employees at a life insurance company and 2) to study work-life balance which impact on happiness of employees at a life insurance company.  The study sample include 400 employees at a life insurance company and a questionnaire was used as a data collection tool.  The statistical methods used incorporate both descriptive statistics, namely, frequency, percentage, mean, and standard deviation; and inferential statistics, namely, independent-sample t-test (T-test), one-way ANOVA (F-test), Least Significant Difference (LSD), and multiple regression analysis.
          The results of this study were found that work-life balance of employees at the life insurance company overall were at the high level (mean value of 3.79), as well as happiness (mean value of 4.12). Furthermore, the hypothesis testing 1 was found that different personal factors including of gender, age, marital status, position, and work experience, happiness is not different. It was statistically significant at .05 level. Conversely, different of education and monthly income, happiness is different. It was statistically significant at .05 level. In addition, the hypothesis testing 2 was found that work-life balance including work, family, time, finance, and intelligence impact on level of employees’ happiness at the life insurance company, whereas work being rated as the most influential, followed by intelligence, finance, family, and time, respectively. It was statistically significant at .05 level.