Happy analysts

• Main Authors: HOPE, Ole-Kristian, LI, Congcong, LIN, An-Ping, RABIER, MaryJane
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Analysts; Work-Life Balance; Job Satisfaction; Performance; Promotion; Labor Market; Social Media; Glassdoor; LinkedIn; All-Star; Finance and Financial Management; Human Resources Management; Industrial and Organizational Psychology; Portfolio and Security Analysis
• 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
• Institution: Singapore Management University

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.