51 Pages Posted: 11 Oct 2018 Last revised: 14 Aug 2019
Date Written: June 27, 2019
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.
Keywords: Analysts, Work-Life Balance, Job Satisfaction, Performance, Promotion, Labor Market, Social Media, Glassdoor, LinkedIn, All-Star
JEL Classification: G24, G30, J01, J10, J22, J28, J60, M10, M12, M40, M50
Suggested Citation: Suggested Citation