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 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.

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

Hope, Ole-Kristian and Li, Congcong and Lin, An-Ping and Rabier, MaryJane, Happy Analysts (July 29, 2020). 29th Annual Conference on Financial Economics & Accounting 2018, Singapore Management University School of Accountancy Research Paper No. 2019-96, Available at SSRN: https://ssrn.com/abstract=3251602 or http://dx.doi.org/10.2139/ssrn.3251602