Navigating Work-Life Balance in Fintech: A Practical Imperative for Sustainable Success
The beginning - Work-Life Balance (WLB) has its beginnings in the nineteenth century after a long campaign of workers were against long working hours in the factories (Hogarth & Bosworth, 2009). This was carried further into the early twentieth century when several labor unions campaigned for a cap on the maximum working hours (Myers, 1924). Staines (1980), described the relationship between work and family through compensation theory. As per the compensation theory a worker seeks to compensate the deficit in one aspect of life (in this case, work or family) by compensating in the other aspect i.e. by expending more resources in the other aspect. Greenhaus & Beutell (1985) came up with conflict theory which states that the aspects of work and life are contrasting in nature and in demanding effort and time these two aspects compete for an individual’s attention. On the theoretical front, the 1990s saw the formulation of several theories, chief among them th...