Happy analysts

This paper is the first to investigate the role of work-life balance in financial analysts’ performance and career advancement. Using a large sample of Glassdoor reviews by financial analysts, we find a significant non-linear relation between work-life balance satisfaction and analyst performance an...

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Bibliographic Details
Main Authors: HOPE, Ole-Kristian, LI, Congcong, LIN, An-Ping, RABIER, MaryJane
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2020
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Online Access:https://ink.library.smu.edu.sg/soa_research/1836
https://ink.library.smu.edu.sg/context/soa_research/article/2863/viewcontent/Happy_Analysts_wp_cp.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:This paper is the first to investigate the role of work-life balance in financial analysts’ performance and career advancement. Using a large sample of Glassdoor reviews by financial analysts, we find a significant non-linear relation between work-life balance satisfaction and analyst performance and analyst career advancement. Specifically, when work-life balance satisfaction is relatively low, an increase in work-life balance is associated with better analyst performance and career advancement; however, when perceived work-life balance is already high, a further increase in work-life balance is associated with worse analyst performance and career advancement.