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 2021
• Subjects: Analysts; Work-life balance; Job satisfaction; Performance; Promotion; Labor market; Social media; Glassdoor; All-star; Accounting; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research/1959; https://ink.library.smu.edu.sg/context/soa_research/article/2986/viewcontent/SSRN_id3722133.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 perceived work-life balance and analyst performance and analyst career advancement. Specifically, when perceived work-life balance 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.